$750,000

Estimated payment $4,012/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Window Unit Cooling System
  • Forced Air Heating System
  • Porch

About This Home

This is a great opportunity for investors to get three, multi-unit properties, all located within one block on Park Avenue. This is property needs the most work but may have the greatest upside. Possibility of six total units. Currently all are unoccupied an in varying degrees of deferred maintenance, from near rent-ready to complete renovation required. This is a package deal with 1049 Park Avenue and 1113 Park Avenue. Don't miss this great opportunity in this sought after area.

Listing Agent

Todd Walkenhorst

Horst Power Realty License #20191247 Listed on: 03/04/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1885

Lot Details

  • 5,680 Sq Ft Lot
  • Lot Dimensions are 40 x 142

Home Design

  • Block Foundation
  • Composition Roof

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Porch

Schools

  • Field Club Elementary School
  • Norris Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 6 Units
  • Hanscom Place Replat 1* Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1240500502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,908

Year Built

Built in 1885

Lot Details

5,680 Sq Ft Lot

Listing Details

  • Parcel Number: 1240500502
  • Property Sub Type: Multi Family
  • Year Built: 1885
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1304
  • Lot Size: 40 x 142
  • Ownership: Fee Simple
  • Subdivision Name: HANSCOM PLACE REPLAT 1*
  • Directions: GPS
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Remarks22: AMA. Property is part of multi property sale: 1113 Park Ave, 1111 Park Ave. & 1049 Park Ave. Seller pays all utilities. Properties to be sold together, as-is with seller to make no repairs. Cash offers will get highest priority. Showings will be provided for qualified buyers only. Proof of funds or pre-approval may be required for showings. Minimum of 24 hours, or one complete business day required, due to tenants and coordinating property management. Seller reserves right to limit showings or to coordinate showings to provide least amount of inconvenience to tenants. Hold harmless will be required. Note, some pics may be from prior to current residents being in place. AMA.
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Patio And Porch Features: Porch
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Central
  • Elementary School: Field Club
  • Junior High Dist: Omaha
  • Middle Or Junior School: Norris

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 5680

Green Features

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1907.78

Multi Family

  • Number Of Units Total: 6

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,672 $114,100 $22,000 $92,100
2024 $3,633 $114,100 $22,000 $92,100
2023 $3,633 $172,200 $22,000 $150,200
2022 $3,443 $161,300 $11,100 $150,200
2021 $2,584 $122,100 $11,100 $111,000
2020 $2,614 $122,100 $11,100 $111,000
2019 $2,830 $131,800 $11,100 $120,700
2018 $2,834 $131,800 $11,100 $120,700
2016 $2,111 $98,400 $6,000 $92,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2026 03/04/26 For Sale $750,000 +328.6% --
06/30/2020 06/30/20 Sold $175,000 0.0% $292 / Sq Ft View Prior Sale
05/22/2020 05/22/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $175,000 -- $292 / Sq Ft
Source: Great Plains Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $495,000 Veritas Title & Escrow Llc
Source: Public Records

Source: Great Plains Regional MLS

MLS Number: 22605681

Great Plains Regional MLS

APN: 4050-0502-12

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