121 S 25th St Omaha, NE 68131
Downtown Omaha NeighborhoodEstimated payment $17,458/month
Highlights
- 0.56 Acre Lot
- No HOA
- Forced Air Heating System
About This Home
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 (1916–22) & hotel (1928–84) | Converted to apartments 1987 Includes parcels: 2504 & 2424 Douglas St Asking Price: $2,695,000 | Creative financing available
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $39,887
Year Built
- Built in 1920
Home Design
- Slab Foundation
Parking
- 43 Parking Spaces
- No Garage
Schools
- Liberty Elementary School
- Norris Middle School
- Central High School
Additional Features
- Walk-Out Basement
- 0.56 Acre Lot
- Forced Air Heating System
Community Details
- No Home Owners Association
- 31 Units
- Henry & Sheltons Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 1306470001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,375 | $1,136,300 | $145,600 | $990,700 |
| 2024 | $23,974 | $1,136,300 | $145,600 | $990,700 |
| 2023 | $23,974 | $1,136,300 | $145,600 | $990,700 |
| 2022 | -- | $1,136,300 | $145,600 | $990,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $2,695,000 | -- | -- |
Source: Great Plains Regional MLS
MLS Number: 22525621
APN: 0647-0001-13
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