Details
- MLS# 22620677
- Multi Unit - Multiple
- New
Description
4178 Cass Street | Omaha, NE 11-Unit Multifamily Investment Opportunity | Offered at $880,000 ($80,000 Per Unit) Positioned in Omaha's highly desirable Midtown/Joslyn Castle neighborhood, 4178 Cass Street presents an opportunity to acquire a 12-unit apartment building at an attractive basis of just $80,000 per unit. The property benefits from strong renter demand driven by its proximity to UNMC, Midtown Crossing, Blackstone, downtown Omaha, and major employers. The property features a mix of one-bedroom apartments with classic hardwood flooring, private entrances for select units, shared laundry facilities, and optional garage and storage income. Residents enjoy a highly walkable location with convenient access to restaurants, entertainment, public transportation, and neighborhood amenities. This asset offers investors the opportunity to capitalize on Omaha's continued rental demand through operational improvements and rental growth. Open House August 1st at 10am!
READ MOREREAD LESSFeatures
- Natural Gas, Radiant
- $6,592 Taxes
- Public
- Built in 1937
- POPPLETON PARK LOT 14 BLOCK 11 LOTS 13 14 BLK 11 50 X 124
Map
Area Information
Omaha, NE is a bustling city in the heart of the Midwest, offering a unique blend of urban amenities and Midwestern charm. Founded in 1854, it lies along the western banks of the Missouri River. As the largest city in Nebraska, Omaha is a vibrant economic hub with a diverse range of industries driving its growth. Home to several Fortune 500 companies, including Berkshire Hathaway and Mutual of Omaha, the city boasts a robust financial sector alongside a thriving healthcare industry, with institutions like the University of Nebraska Medical Center leading the way in medical research and innovation.
Culturally, Omaha is a haven for arts and entertainment enthusiasts. The historic Old Market District in downtown Omaha is a vibrant hub of activity, featuring art galleries, boutiques shops, and acclaimed restaurants. Museums like The Durham Museum and the Joslyn Art Museum showcase the city’s artistic and historical heritage, while the Steelhouse Omaha and the Omaha Performing Art Center host a variety of world-class performances throughout the year.
Sports fans also have plenty to cheer about in Omaha, with the city hosting events like the College World Series at the Charles Schwab Field Omaha, drawing baseball fans from around the country and is home to the Creighton Bluejays, member of NCAA Division I and Big East Conference. Additionally, Omaha’s parks and outdoor spaces, including the renowned Henry Doorly Zoo and Aquarium and the Heartland of America Park, provide ample opportunities for recreation and exploration.
With its strong economy, rich cultural scene, and welcoming community, Omaha offers something for everyone, making it an ideal destination to live, work and play.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Omaha, NE. You can also contact us—we are here to help!
Market Trends
Demographics
Mortgage Calculator
| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $5,284.09 | $549.33 | $1,004.67 | $0.00 | $6,838.09 |
| Yearly | $63,409.08 | $6,591.96 | $12,056.04 | $0.00 | $82,057.08 |
| Total | $1,902,272.40 | $197,758.80 | $241,648.00 | $0.00 | $2,341,679.20 |
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