4430 Redman Ave - Apartments FOR SALE


Omaha, NE 68111- Fort Redman
$690,000 USD
402-740-6791
4430 Redman Ave, Omaha, NE for Sale
$690,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

4430 Redman Ave
Omaha, NE 68111
Fort Redman


HIGHLIGHTS

  • 100% occupied Value Add Opportunity - current rents significantly below market
  • Well maintained asset with strong exterior and interior condition
  • Strong tenant appeal with quiet setting walkable access to transit, shopping and amenities

OVERVIEW

4430 Redman Avenue is a clean, well-maintained 10-unit multifamily in Northeast Omaha. The property is 100% occupied with rents well below market, offering immediate value-add potential. Built in 1963 on a 0.38-acre lot, it features solid construction, off-street parking, and strong tenancy. With minimal deferred maintenance and long-term ownership, this is a great opportunity to improve cash flow in a stable submarket. 4430 Redman Avenue is located in northeast Omaha, just south of Sorensen Parkway. The property sits in a residential area surrounded by schools, parks, and local businesses, with close proximity to Florence, Minne Lusa, and Miller Park neighborhoods. This location offers easy access to Sorensen Parkway, I-680, and Eppley Airfield, and is only a 15-minute drive to downtown Omaha. Tenants benefit from nearby grocery stores, retail, public transit stops, and green space—making it a strong choice for long-term rental demand in a well-established part of the city.

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

10

PRICE/UNIT

$69,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

REDMAN AVE 10-UNIT APARTMENTS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,840 SF

ZONING

R7

APN/PARCEL ID

0759-0000-21

ASK ABOUT THIS PROPERTY

Benjamin PearsonLee & Associates | OmahaMore Info
402-740-6791

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Benjamin PearsonLee & Associates | OmahaMore Info
402-740-6791

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.