This institutional quality, 283-unit multifamily community is comprised of five, four- and five-story buildings with a highly marketable and efficient unit mix, including 44 studios, 112 one-bedroom/one-bath, and 127 two-bedroom/two-bath residences. Units average 871 square feet, offering a variety of layouts designed to appeal to a broad cross-section of renters, from young professionals and medical staff to downsizing households seeking a modern urban living experience.

The Duke provides investors with immediate scale in a blossoming market characterized by strong fundamentals and limited competing institutional product. Omaha recorded a 5.8% year-over-year increase in effective rents in Q3 2025 (according to Berkadia’s Q3 market report), highlighting the strength of the metro’s demand drivers and sustained renter appetite. Transaction volume in this pocket remains constrained, with few opportunities of this quality, size, and location coming to market each year particularly in the core-plus space. This offering represents a compelling opportunity to acquire a differentiated, well-located multifamily asset with durable in-place cash flow, embedded rent growth, and meaningful long-term appreciation potential within one of Omaha’s most dynamic and supply-constrained neighborhoods.

Please contact us to discuss this exceptional investment opportunity in greater detail and to arrange a property tour.

Situated along the highly active Dodge Street corridor in one of Omaha’s most desirable urban core submarkets, Midtown is a highly coveted, rapidly expanding area. The Duke is strategically positioned to capitalize on this momentum, offering residents exceptional connectivity and investors a best-in-class infill location.

The property’s leasing efforts benefit tremendously from its proximity to many of Omaha’s largest and most stable employers, including University of Nebraska Medical Center (0.5 miles), First National Bank (2.6 miles), Mutual of Omaha (2.7 miles), Fiserv Inc. (2.8 miles), Union Pacific (2.9 miles), and Kiewit Corporation (3.1 miles). This concentration of blue-chip employers supports a deep, diverse, and resilient renter pool.

Omaha’s broader metro is experiencing significant growth, supported by more than $9 billion in current and planned capital investment. Notable projects include the $200 million addition and renovation of the CHI Health Center Omaha convention facility, a $950 million modernization, renovation, and expansion of Eppley Airfield (OMA) scheduled for completion by 2028, and a $325 million transformational redevelopment of The RiverFront, three existing parks spanning 72 acres that are reshaping the city’s core and enhancing its livability and appeal.

A particularly impactful catalyst for Midtown and The Duke is the $2.19 billion expansion of the Nebraska Medical Center, which further solidifies the area’s position as a premier healthcare and employment hub and underpins a deep, durable demand base for housing.

Complementing this is the $421 million downtown streetcar project, which is already under construction and slated to run to the doorstep of the medical center, directly connecting the Midtown medical corridor to downtown Omaha. This modern transit link is expected to significantly enhance mobility, drive additional investment along the corridor, and further strengthen The Duke’s long-term positioning within one of Omaha’s most dynamic growth areas.