1112 N 40th St Omaha, NE 68131
Midtown Omaha NeighborhoodEstimated payment $1,350/month
Highlights
- No HOA
- Porch
- Forced Air Heating System
- West Islip Senior High School Rated 9+
- Window Unit Cooling System
- 5-minute walk to Walnut Hill Park
About This Home
Investor Alert! This Conversion Duplex is an excellent opportunity to add to your rental portfolio. The duplex features 2-bedroom, 1 bath units. Both units are tenant occupied with current yearly leases in place. Unit 1 has a lease through 10/31/2026. Unit 2 has a lease through 6/1/2026. Great investment opportunity with rental income. Both units have access to a dedicated shared laundry area in the basement. This property features a newer driveway (2020). The downstairs unit features a cozy fireplace. Both units include central heating and comes equipped with window units for cooling-these will convey with the sale. Both units have their own seperate entrances.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,580
Year Built
- Built in 1895
Lot Details
- 3,920 Sq Ft Lot
- Private Entrance
Parking
- No Garage
Home Design
- Duplex
- Block Foundation
Interior Spaces
- 1,808 Sq Ft Home
- 2-Story Property
- Finished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- 2 Full Bathrooms
Outdoor Features
- Porch
Schools
- Walnut Hill Elementary School
- Lewis And Clark Middle School
- Benson High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Walnut Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number 240680001
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $215,000 | +22.9% | $119 / Sq Ft | |
| 06/21/2019 06/21/19 | Sold | $175,000 | 0.0% | $97 / Sq Ft | View Prior Sale |
| 05/23/2019 05/23/19 | Pending | -- | -- | -- | |
| 05/17/2019 05/17/19 | Price Changed | $175,000 | -5.4% | $97 / Sq Ft | |
| 05/03/2019 05/03/19 | Price Changed | $185,000 | -2.6% | $102 / Sq Ft | |
| 04/19/2019 04/19/19 | For Sale | $190,000 | +100.0% | $105 / Sq Ft | |
| 08/31/2018 08/31/18 | Sold | $95,000 | -13.6% | $53 / Sq Ft | View Prior Sale |
| 08/07/2018 08/07/18 | Pending | -- | -- | -- | |
| 07/27/2018 07/27/18 | For Sale | $110,000 | -- | $61 / Sq Ft |
Source: Great Plains Regional MLS
MLS Number: 22531945
APN: 0680 0001 24
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