$2,695,000

121 S 25th Street, Omaha, NE 68131

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.56acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

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%

Listing Status:
Active
Listing Office:
Exceptional Properties Group : 402-213-1936
Listing Agent:
Stephen Ward : 402-213-1936
MLS ID:
22525621
  • Basement: Walk-Out Access
  • Heating: ElectricForced Air
  • Parking: No GarageParking spaces: 43
  • General: Slab
  • Originating MLS: Great Plains Regional MLS
  • School District: Omaha
  • County: Douglas
  • Zoning: HENRY & SHELTONS ADD LOT 5 BLOCK 1 LOT 4 & N 50 FT LOT 5 BLK 11306470001
  • Fencing: None
  • Water: Public
  • Sewer: Public Sewer
  • Source: Great Plains Regional MLS
  • Ownership: Fee Simple

This listing courtesy of Stephen Ward, Exceptional Properties Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Liberty Elementary School

2021 Saint Marys Ave, Omaha, NE, 68102

Grades PK-6

0.44 miles away

N

Norris Middle School

2235 S 46th St, Omaha, NE, 68106

Grades 6-8

2.28 miles away

C

Central High School

124 N 20th St, Omaha, NE, 68102

Grades 9-12

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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