6708 S 48th St Omaha, NE 68117
South Central Omaha NeighborhoodEstimated payment $2,588/month
Highlights
- 0.56 Acre Lot
- Window Unit Cooling System
- Baseboard Heating
- No HOA
- Forced Air Heating and Cooling System
About This Home
Contract pending. Purpose-built 4-plex investment opportunity! Each unit features 2 beds and 1 bath, a layout that consistently attracts strong tenant demand. Three of the four units have been updated, including the two lower units with LVT flooring, updated kitchens, and bathrooms. One upper unit features hardwood floors with an updated kitchen and bath, while the second upper unit remains classic, offering value-add potential. Both upper units include in-unit laundry, while the lower units share coin-operated laundry in the utility room, providing an additional income stream. A great opportunity for investors seeking stable cash flow with upside potential. Group Tour: Monday, March 16 | 4:30–6:30 PM
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,600
Year Built
- Built in 1962
Lot Details
- 24,220 Sq Ft Lot
- Lot Dimensions are 140 x 173
Home Design
- Block Foundation
- Composition Roof
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
- Walk-Out Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 8 Parking Spaces
- No Garage
Schools
- Gateway Elementary School
- Bryan Middle School
- Bryan High School
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 0146390000
Community Details
Overview
- No Home Owners Association
- 3,500 Sq Ft Building
- Lands Subdivision
Building Details
- Insurance Expense $4,892
- Maintenance Expense $2,400
- Other Expense $5,600
- Net Operating Income $27,908
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,416 | $334,900 | $17,800 | $317,100 |
| 2024 | $7,066 | $334,900 | $17,800 | $317,100 |
| 2023 | $7,066 | $334,900 | $17,800 | $317,100 |
| 2022 | $6,716 | $314,600 | $17,800 | $296,800 |
| 2021 | $1,943 | $91,800 | $17,800 | $74,000 |
| 2020 | $2,565 | $119,800 | $17,800 | $102,000 |
| 2019 | $3,187 | $148,400 | $17,800 | $130,600 |
| 2018 | $3,191 | $148,400 | $17,800 | $130,600 |
| 2017 | $4,021 | $148,400 | $17,800 | $130,600 |
| 2016 | $4,021 | $187,400 | $17,300 | $170,100 |
| 2015 | $3,709 | $175,200 | $16,200 | $159,000 |
| 2014 | $3,709 | $175,200 | $16,200 | $159,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/14/2026 03/14/26 | Pending | -- | -- | -- | |
| 03/12/2026 03/12/26 | For Sale | $400,000 | +197.4% | $114 / Sq Ft | |
| 05/04/2012 05/04/12 | Sold | $134,500 | -3.9% | $71 / Sq Ft | View Prior Sale |
| 04/16/2012 04/16/12 | Pending | -- | -- | -- | |
| 04/05/2012 04/05/12 | For Sale | $140,000 | -- | $74 / Sq Ft |
Source: Great Plains Regional MLS
MLS Number: 22606591
APN: 4639 0000 01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026, Great Plains Regional MLS LLC
- 4814 Polk St
- 4668 Drexel St
- 4606 Borman St
- 7101 S 50th St
- 4323 Monroe St
- 4992 Drexel St
- 5108 Jefferson St
- 6501 S 43rd St
- 4235 Harrison St
- 7103 S 43rd St
- 7517 Arrow Rock Dr
- 5209 Emiline St
- 4708 Bernadette Ave
- 4929 Glenmorrie Dr
- 5612 S 50th St
- 4104 Y St
- 5420 S 49th Ave
- 5105 Edinburgh St
- 4140 U St
- 4434 R St
Ask me questions while you tour the home.