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2006 North 18th Street

$3,450,000

2006 North 18th Street, Omaha, NE 68110

Active
Last Updated: 10/08/2025

C

Class

24

Units

Details:
Class:    C
Units:    24
Year Built:    1992
Zoning:    R7
Floors:    2
Year Last Renovated:    2025
Highlights:
  • $3,450,000
  • 24 Units
  • All units are 2 bed, 1 bath layout
  • Newer updates
  • Well maintained
Description:

Six-building multifamily property located near 2006 N 18th Street, Omaha, NE 68110. Each building contains four units, for a total of 24 apartments. All units are 2-bedroom, 1-bath lay-outs featuring updated flooring, balconies, and a private gar-age. Recent capital improvements include new water heaters and interior upgrades. The property is in the LIHTC decontrol period, creating an opportunity to transition units to market-rate rents and significantly increase income potential—while currently benefiting from low property taxes under LIHTC. Conveniently located near downtown Omaha, schools, and public transportation. Strong investment with stable returns today and long-term upside.

Map:
Documents:
Title
Grace_Plaza_Apartments_Flyer.pdf
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Location
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