$649,900

Estimated payment $4,012/month

Total Views 6,815
7 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.26 Acre Lot
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace

About This Home

Fully renovated and fully furnished 8-unit historic building in Midtown Omaha. This income-producing gem brings in $8,700/month and is 100% rented. The property underwent a full rehab after an upstairs fire, blending classic charm with modern updates. Each unit is thoughtfully furnished for mid or short-term rental. Features include a brand-new parking lot with 10 spaces, updated roof, new driveway, and massive off-street parking—rare for the area. This is a true turnkey investment.

Listing Agent

Ted Kaasch

Realty ONE Group Sterling License #20230253 Listed on: 07/31/2025

Realty ONE Group Sterling

Co-Listing Agent

Mo Albers

Realty ONE Group Sterling License #20201262

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,956

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 150 x 75

Home Design

  • Brick Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 10 Parking Spaces
  • No Garage

Schools

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

Additional Features

  • 1 Fireplace
  • Forced Air Heating System
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 1235580000

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Hanscom Park Subdivision

Building Details

  • Insurance Expense $6,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,956

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 1235580000
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2583
  • Lot Size: 150 x 75
  • Co List Office Mls Id: 101610
  • Ownership: Fee Simple
  • Subdivision Name: Hanscom Park
  • Directions: Take Exit 452 for I-480 North toward Downtown Omaha. Stay on I-480 N for about 2 miles. Take Exit 1B for Leavenworth Street. Turn right onto Leavenworth Street. Go about half a mile, then turn left onto Park Avenue. 1120 Park Ave on right
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Foundation Details: Brick/Mortar
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 10

Utilities

  • 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: Over 1/4 up to 1/2 Acre
  • Lot Size Sq Ft: 11250

Green Features

Multi Family

  • Insurance Expense: 6600
  • Number Of Units Total: 8
  • Total Actual Rent: 8700

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6956

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $649,900 +116.6% --
10/15/2021 10/15/21 Sold $300,000 +3.4% --
09/29/2021 09/29/21 Pending -- -- --
09/26/2021 09/26/21 For Sale $290,000 -- --
Source: Great Plains Regional MLS

Source: Great Plains Regional MLS

MLS Number: 22521532

Great Plains Regional MLS