Major Renovation Opportunity in Omaha with Finished Basement Pending

  • $39,000
  • 2 beds
  • 1 baths
  • 1,181 sqft

Off-Market Wholesale Opportunity –  5118 N 6th Ave, Omaha, NE 68110

Price Info

  • Assignment Price: $39,000

  • After Repair Value (ARV): $147,000

Property Facts

  • Address: 5118 N 6th Ave, Omaha, NE 68110

  • Bedrooms / Bathroom: 2 / 1

  • Status: Assignment – For Sale

Property Description

This property at 5118 N 6th Ave in Omaha offers a compelling opportunity for those looking to take on a full-value transformation project in an established neighborhood. The home already features a finished basement, providing a strong starting point for someone ready to refresh and reposition the property. While the home will require significant cleanup and repairs—including foundation work in the basement and interior updates throughout—it presents the kind of blank-canvas potential that experienced renovators look for when creating long-term value. With the right vision and improvements, this property can be completely reimagined into a comfortable residence or strong rental asset. Opportunities like this—where the heavy lifting creates the biggest upside—don’t come along often in Omaha, making this a chance to step in, roll up your sleeves, and bring new life to a property with real potential.

Our Process – How It Works

  1. Group Tour
  • Scheduled ~1 week after the property is released to our buyer list.
  • All interested buyers can walk the property at the same time.
  1. Offer Deadline
  • Offers due within 48 hours after the group tour.
  1. Final Review
  • We will review all offers and select the highest and best offer.
  1. Closing Details
  • Closing Date: On or before 03/27/2026 at TBD closing title company.
  • Buyer pays all closing costs
  • Cash or hard money only (cash preferred for smooth closings)
  • Property sold as-is

👉Ready to lock this deal in?

  • Inquire and Attend group walk through
  • Or submit your offer by the deadline HERE

Disclaimer All information is deemed reliable but not guaranteed.
Buyers are responsible for completing their own due diligence prior to making an offer.

Price:
$39,000
Address:
5118 N 6th Ave
Omaha, NE 68110
Square Feet:
1,181
Lot Size:
5,457
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1935
Basement:
Finished

Call (531) 541-6349 for more details

Property Location