Izard Street 6 Plex

Description:

This well-maintained 1965-built, 6-unit apartment building offers immediate cash flow with significant upside through rent optimization and light renovations. Featuring a mix of 5 two-bedroom/one-bath and 1 one-bedroom/one-bath units. Located in the vibrant Walnut Hill / Midtown area, residents enjoy spacious layouts, off-street parking, and proximity to local amenities. Ideal for investors seeking stable income and appreciation in a growing market—don't miss this turnkey asset with proven rental demand!


The property sits at the western edge of a rapidly evolving Midtown corridor, connecting Dundee to the University of Nebraska Medical Center (UNMC) and its innovative EDGE District to the east—a 30-acre hub for health sciences and startups. This area is undergoing transformative development, including the $65 million Catalyst facility and the CORE Building (set to open in 2026), fostering scientific collaboration and economic vitality. Ongoing projects, such as the $421 million Omaha Streetcar (advancing in 2026) and luxury apartments in Dundee, are projected to attract $3 billion in investments, revitalizing the urban core with new housing, jobs, and infrastructure. This growth enhances tenant demand, positioning the corridor as a prime area for long-term residency.


This well-maintained 1965-built, 6-unit apartment building offers immediate cash flow with significant upside through rent optimization and light renovations. Featuring a mix of 5 two-bedroom/one-bath and 1 one-bedroom/one-bath units. Located in the vibrant Walnut Hill / Midtown area, residents enjoy spacious layouts, off-street parking, and proximity to local amenities. Ideal for investors seeking stable income and appreciation in a growing market—don't miss this turnkey asset with proven rental demand!