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121 S 25th Street, Omaha, NE 68131

$2,695,000.00
  • 121 S 25th Street, Omaha, NE 68131 Main Photo

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ACTIVE
BEDS0 BATHS MLS#22525621
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHenry Sheltons Addition SCHOOLOmaha

Property Description

Fifth Avenue Apartments | 121 S 25th St, Omaha, NE 68131 Class C mid-rise (1920/1987 conversion) | 31 units (4 studios, 16 1-beds, 10 2-beds, 1 3-bed) | 43 parking stalls | 0.56 acres Rentable area: 16,130 SF | Gross area: 22,746 SF Roof & gutters replaced 2022 | Major systems updated 1987 | 14 units renovated in past 4 yrs (LVP flooring, lighting, modern kitchens/baths) Safety: exit signage, exterior fire escape, fire alarm, pull stations, hardwired smokes Elevator pump motor (2022) & starter (2025) replaced | 19+ HVAC systems replaced past 3 yrs | ADA phone added 2022 | some updated hallways Built 1916 | Former hospital (1916-22) & hotel (1928-84) | Converted to apartments 1987 Includes parcels: 2504 & 2424 Douglas St The Omaha-Council Bluffs-MSA boasts one of the nation's lowest unemployment rates at 3.4% as of July 2025, supported by a long track record of consistent economic expansion and population growth. Occupancy rate: ~ 97% Capitalization rate: 6.48%

Property Features

Property Type: Multi Unit - Multiple
Basement: Walk-Out Access
Basement: Yes
Days on Market: 221
Fuel Type: Electric
Heating: Electric, Forced Air
Lot Size: 0.56 Acres
Property Type: Multi Family
Taxes: $39,887
Year Built: 1920

Feature Descriptions

Fencing: None
Foundation: Slab
Lot Dimensions: 0.56
Original List Price: $2695000
Parking: No Garage
Sewer: Public Sewer
Units: 31
Water: Public

Local Schools

High School: Central
Middle School: Norris
Elementary School: Liberty
School District: Omaha

Listed By / Shown By

Listed By

Agency Name: Exceptional Properties Group

Shown By

Agency Title: Heartland Properties Inc.
Agency Phone: 712-325-0445

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Estimated Payment

$ 15,421.74 per month $11,311.79 Principal & Interest $3,323.92 Property Tax $786.04 Homeowner's Insurance

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