Village Green Townhomes

For Sale

2638 S 3rd Street Plz, Omaha, NE 68108

This Omaha property for sale is located at 2638 S 3rd Street Plz. The general use of Village Green Townhomes is multi-family and it incorporates 9,069 square feet of class B multi-family space. The current listed sale price for Village Green Townhomes is $1,050,000. Village Green Townhomes is situated on a lot that is 0.36 acre in size.

Contacts

Mo Barry

Lee & Associates - Nebraska

Property Details

  • Property Type Multi-Family
  • Property Size 9,069 SF
  • Units 6
  • Lot Size 0.36 Acre
  • Building Class B
  • Year Built 1966
  • Date Updated Sep 18, 2026
Land parcel located in Omaha, Nebraska, with a site area of approximately 0.36 acres.Village Green Townhomes (2638-2648 S. 3rd Street) is a fully stabilized, turnkey six-unit multifamily asset within a mile of Lauritzen Gardens and minutes from the Old Market and downtown Omaha — an ideal hold for a 1031 exchange buyer or tax-motivated investor. The offering totals 15 bedrooms and 7.5 bathrooms, including non-conforming bonus bedrooms in two units' finished basements. Every unit has been comprehensively updated — hardwood floors, appliances, windows, cabinets, bathrooms, and HVAC — plus a 2024 roof and freshly re-finished 12-stall parking lot. Electronic door locks add modern security throughout. Tenants cover all utilities, with electricity separately metered and water billed back at a fixed rate, keeping expenses simple. A vacant detached garage offers immediate upside, and current rents sit below market, giving a new owner a clear, no-cost path to grow income. Unfinished basement space in several units presents additional future value-add potential. A stabilized, low-maintenance asset with embedded upside and minimal management burden.
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Highlights

  • 100% Occupied and Cash-Flowing Day One
  • A Textbook 1031 and Tax-Advantaged Hold
  • Fully Renovated, Move-In Ready Condition
  • Prime Location Near Lauritzen Gardens
  • Rent Upside With Bonus Space to Grow

Attachments

Getting around

  • 28/100

    Walk Score ®

  • 34/100

    Bike Score ®

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Location

  • City Omaha, NE
  • Neighborhood Deer Park
  • Zip Code 68108
  • Market Omaha

Points of Interest

  • Cenex

    1.49 miles

  • ChargePoint

    1.65 miles

  • Midtown Gas & Grocery

    1.95 miles

  • Mega Saver

    2.37 miles

  • QuikTrip

    2.63 miles

  • Sinclair

    2.69 miles

  • BP

    2.88 miles

  • Shell

    3.18 miles

  • Casey's General Store

    3.21 miles

  • K-N-J Express

    3.43 miles

  • Handicapped

    0.22 miles

  • Lauritzen Gardens

    0.22 miles

  • Motorcycle/Drop-off/Pick-up

    0.23 miles

  • Bus & RV Parking

    0.27 miles

  • School Visitors

    0.33 miles

  • Overflow Parking

    0.33 miles

  • Zoo

    0.72 miles

  • Mammal Parking Lot

    0.84 miles

  • Bird Parking Lot

    0.89 miles

  • Private/Monthly Parking

    1.94 miles

  • Comfort Inn At the Zoo

    0.79 miles

  • Embassy Suites by Hilton Omaha - Downtown/Old Market

    1.47 miles

  • Hyatt Place Omaha Downtown Old Market

    1.51 miles

  • The Farnam, Autograph Collection

    1.66 miles

  • Magnolia Hotel Omaha

    1.67 miles

  • Magnolia

    1.67 miles

  • Hotel Deco XV

    1.73 miles

  • Courtyard Omaha Downtown/Old Market Area

    1.75 miles

  • Hilton Garden Inn Omaha Downtown / Old Market Area

    1.77 miles

  • Residence Inn Omaha Downtown/Old Market Area

    1.89 miles

  • Cubby's Old Market Grocery Store

    1.48 miles

  • Jacobos

    2.03 miles

  • Asian Market

    2.13 miles

  • ALDI

    2.39 miles

  • Wohlner's Neighborhood Grocery & Deli

    2.72 miles

  • Center Mall

    2.84 miles

  • Mid Star Lab, Inc.

    2.85 miles

  • Hamilton Club

    2.91 miles

  • Selena's Market

    2.97 miles

  • Oxide Design Co.

    3.14 miles

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