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409 Hickory St
Omaha, NE 68108
Little Italy Development · Land For Sale · 0.68 AC

Investment Highlights

  • $398,000
  • Zoned R-7
  • One of a kind investor opportunity
  • 29,500 SF
  • Perfectly will fit two 12 plex's

Executive Summary

Located at 409 Hickory Street in the heart of Omaha, this 250’ x 118’ parcel offers a prime opportunity for multifamily development just steps from the energy of Little Italy. With its generous dimensions and favorable layout, the site presents an ideal setting for a developer or investor looking to build two 12-plex apartment buildings, creating a 24-unit multifamily community in one of the city’s most desirable and walkable areas. Situated near the vibrant restaurants, shops, and cultural charm that make Little Italy a destination, future residents would enjoy the convenience of urban living while remaining minutes from downtown Omaha. The site’s size and configuration allow for an efficient multifamily design with ample parking and strong unit layouts, making it well-suited for modern apartment development. Whether you are an experienced developer or an investor looking to capitalize on the continued growth of the downtown Omaha area, this property represents a rare opportunity to acquire land positioned perfectly for high-demand multifamily housing in a thriving neighborhood.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.68 AC
Zoning R-7 - Zoned R-7.

1 Lot Available

Lot

Price $544,663 CAD
Price Per AC $804,254.70 CAD
Lot Size 0.68 AC

5 Lots in Little Italy. 409, 407, 405, 403, and 401 Hickory St.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0802-0000-12
  • 0803-0000-12
  • 0804-0000-12
  • 0805-0000-12
  • 0801-0000-12
Land Assessment
$111,908 CAD
Improvements Assessment
$158,456 CAD
Total Assessment
$270,363 CAD
  • Listing ID: 40021773

  • Date on Market: 2026-04-03

  • Last Updated:

  • Address: 409 Hickory St, Omaha, NE 68108

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