1120 Park Ave Omaha, NE 68105
Ford Birthsite NeighborhoodEstimated payment $3,722/month
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 presents a rare opportunity to acquire a fully furnished, professionally managed 8-unit investment just 1.5 miles from UNMC/Nebraska Medicine in the Hanscom Park/Field Club area near I-480. Offered at approximately $72,375 per unit, the property features substantial completed improvements, including $397,434 in documented 2023 rehabilitation plus approximately $24,319 in later owner-reported updates to the roof, parking lot, driveway, plumbing, electrical, gas line, water heaters, fencing and coin laundry. Furnished units support mid- or short-term rental strategies. Additional features include 8+ off-street spaces on over 1/4 acre, front and rear access, basement shelter space and potential storage income. Seller financing is available to qualified purchasers with $300,000 down, balance amortized over 15 years, and a negotiable rate based on prevailing market conditions. See attached financials and repair history. POF or lender approval requested. Call agent for details.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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
MLS Number: 22608438
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026, Great Plains Regional MLS LLC
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