1018 S 31st Street, Omaha, NE
Value-Add 6-Plex Near Blackstone & Midtown Crossing
Marketing description
1018 S 31st Street presents a value-add multifamily opportunity in one of Omaha’s most sought-after infill locations. Situated near Blackstone, Midtown Crossing, and the Old Market, the property benefits from excellent access to I-480 and Omaha’s primary employment and entertainment corridors.
The six-unit, three-story building features a mix of one- and two-bedroom apartments with shared laundry and garage parking. With vacancy and month-to-month leases in place, investors have immediate upside through lease-up, rent growth, and operational optimization. Offered at a compelling price per unit, this asset is well-positioned for investors seeking appreciation potential in a high-demand rental market.
Investment highlights
Value-add 6-unit multifamily asset
Prime Omaha location near Blackstone, Midtown Crossing, and Downtown
Vacancy and short-term leases provide upside
Strong renter demand in an infill submarket
Shared laundry and garage parking
Masonry construction with historic character
Attractive low price per unit basis
Ideal for experienced operators or 1031 buyers seeking growth
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