Fifth Avenue Apartments | 121 S 25th St, Omaha, NE 68131 Class C mid-rise (1920/1987 conversion) | 31 units (4 studios, 16 1-beds, 10 2-beds, 1 3-bed) | 43 parking stalls | 0.56 acres Rentable area: 16, 130 SF | Gross area: 22, 746 SF Roof & gutters replaced 2022 | Major systems updated 1987 | 14 units renovated in past 4 yrs (LVP flooring, lighting, modern kitchens/baths) Safety: exit signage, exterior fire escape, fire alarm, pull stations, hardwired smokes Elevator pump motor (2022) & starter (2025) replaced | 19+ HVAC systems replaced past 3 yrs | ADA phone added 2022 | some updated hallways Built 1916 | Former hospital (191622) & hotel (192884) | Converted to apartments 1987 Includes parcels: 2504 & 2424 Douglas St Asking Price: $2, 695, 000 | Creative financing available
Property Features
Heating and Cooling
- Heating Features: Forced Air
- Heating Fuel: Electric
Land Info
- Lot Size Acres: 0.56
- Lot Size Dimensions: 0.56
- Lot Size Square Feet: 24394
Garage and Parking
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Liberty
- High School: Central
- Middle School: Norris
- School District: Omaha
Multi-Unit Info
Other Property Info
- Annual Tax Amount: 39887
- Source Listing Status: Active
- County: Douglas
- Tax Year: 2024
- Source Property Type: Multi-Family
- Source Neighborhood: Henry & Sheltons Addition
- Number of Separate Electric Meters: 33
- Ownership Type: Fee Simple
- Parcel Number: 1306470001
- Subdivision: Henry & Sheltons Addition
- Source System Name: C2C
Building and Construction
- Year Built: 1920
- Foundation Details: Slab
- Property Age: 105
Utilities
- Sewer: Public Sewer, Public Water