- For Sale $600,000
- Property Type Multi-Family
- Property Size 6,400 SF
- Units 8
- Lot Size 0.35 Acre
- Parking Spaces Avail. 8
- Year Built 1966
- Date Updated Oct 19, 2026
Description
8-unit multifamily property in South Omaha with dedicated garages and month-to-month tenancy.5818 S 14th Street is an 8-unit multifamily property in South Omaha comprising four one-bedroom and four two-bedroom units in a 6,400 SF, two-story building constructed in 1966. Each unit is paired with a dedicated garage stall. All tenants occupy on a month-to-month basis, giving a buyer immediate flexibility to move rents to market.
Highlights
- Dedicated Garages: Eight garage stalls, one assigned to each unit.
- Flexible Tenancy: All eight units are month-to-month, so rents can reset without waiting on lease expirations.
- Renovated Unit: Unit 6, a two-bedroom, was recently remodeled and leases at $900/month.
- Rent Upside: In-place rents of $4,950/month trail market by $3,010/month, a 61% lift to $7,960/month.
- Utility Recovery: The pro forma assumes a flat $95/month utility billback per unit, adding $9,120 of annual income.
False
Contacts
Colten Adams
Oak Investment Real Estate
Location
Located at 5818 S 14th Street, Omaha, NE 68107, this property is part of the Brown Park - Highland South neighborhood and Omaha market.
Contact Listing Broker
Colten Adams
Oak Investment Real Estate
