$579,000
$21K PRICE DROP

Estimated payment $3,695/month

Total Views 9,616
7 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.26 Acre Lot
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace
  • Window Unit Cooling System
  • Laundry Facilities

About This Home

Park Ave 8 offers seller financing + low price per unit + major completed renovation + furnishings = Win! Priced at approx $72,375 per door. PA-8 is just 1.5 miles from UNMC/Nebraska Medicine in the Hanscom Park/Field Club area just off I-480. Annualized Jan-May 2026 NOI is approx. $43,033; buyer to verify. Capital investment includes $397,434 in documented 2023 rehab plus approx. $24,319 in later owner-reported, roof, parking lot/driveway, plumbing, electrical, gas-line, water-heater, fencing & coin laundry & more. Professionally managed and furnished mid- or short-term rentals. Rare 8+parking, over 1/4 acre, front/rear access, coin laundry, basement shelter and storage-income potential. Seller financing considered for qualified buyer: $300,000 down; balance amortized over 15 yrs at a negotiable rate based on prevailing market conditions. POF/lender approval required. See attached financials and repair history. Call for details.

Listing Agent

Ted Kaasch

Realty ONE Group Sterling License #20230253 Listed on: 03/31/2026

Realty ONE Group Sterling

Co-Listing Agent

Mo Albers

Realty ONE Group Sterling License #20201262

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,799

Year Built

  • Built in 1900

Lot Details

  • 11,250 Sq Ft Lot
  • Lot Dimensions are 150 x 75

Home Design

  • Brick Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • No Garage

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

Listing and Financial Details

  • Assessor Parcel Number 1235580000

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Hanscom Park,Field Club Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,799

Year Built

Built in 1900

Lot Details

0.26 Acres

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
  • Ownership: Fee Simple
  • Subdivision Name: Hanscom Park,Field Club
  • 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
  • Unit Levels: Three Or More
  • New Construction: No
  • Remarks22: To respect the privacy of the current mid- and short-term tenants, access for showings will be granted only with POF or lender approval Interior Photos are current and accurately reflect the present condition and appearance of the units. AI was used to create 2-hero exterior pic with For Sale Sign.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Dryer
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Foundation Details: Brick/Mortar
  • Fencing: None
  • Construction Type: Stucco
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Laundry Features: Laundry Facilities
  • 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: Over 1/4 up to 1/2 Acre
  • Lot Size Sq Ft: 11250

Green Features

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6798.74

Multi Family

  • Number Of Units Total: 8
  • Total Actual Rent: 8700

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,799 $406,600 $32,300 $374,300
2024 $5,874 $406,600 $32,300 $374,300
2023 $5,874 $278,400 $32,300 $246,100
2022 $5,817 $272,500 $26,400 $246,100
2021 $4,752 $224,500 $12,700 $211,800
2020 $4,806 $224,500 $12,700 $211,800
2019 $4,632 $215,700 $12,700 $203,000
2018 $4,638 $215,700 $12,700 $203,000
2017 $3,783 $176,300 $12,700 $163,600
2016 $3,783 $176,300 $12,700 $163,600
2015 $3,732 $176,300 $12,700 $163,600
2014 $3,732 $176,300 $12,700 $163,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2026 05/10/26 Price Changed $579,000 -3.5% --
03/31/2026 03/31/26 For Sale $599,900 +100.0% --
10/15/2021 10/15/21 Sold $300,000 +3.4% -- View Prior Sale
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: 22608438

Great Plains Regional MLS
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