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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 The Omaha-Council Bluffs-MSA boasts one of the nation’s lowest unemployment rates at 3.4% as of July 2025, supported by a long track record of consistent economic expansion and population growth. Occupancy rate: ~ 97% Capitalization rate: 6.48%
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$12,2964 weeks ago Listing updated with changes from the MLS® 7 months ago Status changed to Active 7 months ago Listing first seen on site
Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2026, Great Plains Regional Multiple Listing Service, Inc.
Data last updated at: 2026-04-10 08:47 AM UTC
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