$2,090,000

123 N 37th St Omaha, NE 68131

$10,000
Closing credit¹
6,000 sqft
$348 / sqft
Multi-Family

Property details

About 123 N 37th St

Great opportunity for well maintained apartment building in walking distance to Omaha’s Blackstone District. Over $525,000 in Cap Ex over the past 6 years. Property features 22 one bed/one bath units, each with a newer electric heat/cool minisplits, and replacement windows where previous AC units were placed. Over half of the units have been totally updated. 10-stall parking area created at front of building with paid tenant parking. New roof (2018), all 12 garages remodeled, community coin laundry area for additional revenue, large basement storage areas and concrete retaining wall for dumpsters. Plus, the potential to increase value with space for two additional garden walkout units. Agent has equity. AMA

Highlights

Home typeMulti Family
HeatingElectric, Heat Pump
StatusActive
(NEW)
Size6,000 sqft
BasementYes
Year built1964
ParkingBuilt-In
MLS #22511627
Attached garage12 spaces

Summary

  • Basement: Yes
  • Garage Space: 12 spaces
  • Attached Garage: Yes
  • Parking: Built-In
  • Heating: Electric, Heat Pump
  • List Price: $2,090,000
  • Price/SqFt: $348
  • Annual Tax Amount: $4,576
  • Tax Year: 2023
  • Directions: GPS
  • Year Built: 1964
  • Living Area: 6,000 SqFt
  • MLS Number: 22511627
  • Office Name: Horst Power Realty
  • Office Phone: (402) 490-0975
  • Listing Agent: Todd A. Walkenhorst

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,090,000

123 N 37th St

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Feb 14, 2023
Home Sold
$1,750,000

Tax history

YearAssessmentProperty Tax
2023$216,900$4,576
2022$124,900$-
2021$726,100$15,545
2020$726,100$11,161
2019$519,800$11,176
2018$519,800$10,134
2017$469,000$10,063

History based on county public records data.

Nearby schools

3

Gifford Park Elementary School

Public District EE-6

0.6 mi

717 N 32nd St

3

Jackson Elementary School

Public District PK-6

0.7 mi

620 S 31st St

4

Franklin Elementary School

Public District PK-6

1.0 mi

3506 Franklin St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,472. The most common annual income of people living in Omaha, NE is less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

46%
<35k
32%
35k-100k
22%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

60%
Single, No Kids
11%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
34%
18-34 yrs old
40%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Continuing Education CoursesContinuing Education Courses
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • QdobaQdoba
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • PontiacPontiac
  • VolkswagenVolkswagen
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 123 N 37th St in Omaha, NE and zip code 68131 in the Midtown Omaha neighborhood. This 6,000 square foot home was built in 1964. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $2,090,000.

In April 2025, from all listings sold in Omaha, NE there were more than 144 sold above asking price, over 191 sold below and more than 137 were sold right at the asked price. Between March and April 2025, Omaha, NE real estate market has seen increase in the number of listings by 8.1%. Listings spent 22 days on the market in April 2025, and had a median list price of $295,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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