$400,000

Estimated payment $2,515/month

Total Views 8,984
5 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Window Unit Cooling System
  • Radiant Heating System
  • Porch
  • Patio
  • 2-minute walk to Hanscom Park

About This Home

Opportunity awaits at 1309 S 32nd St, Omaha a five-unit multifamily property offering immediate income and long-term upside. Each unit is a 1 bed / 1 bath, with current gross rents totaling $4,550/month. Located just minutes from Midtown, UNMC, and downtown, this property sits in a high-demand rental corridor with strong tenant interest. This is a prime value-add opportunity for investors looking to build equity and increase returns over time. Whether you're growing your portfolio or starting your multifamily journey, this centrally located 5-plex offers solid cash flow and future potential.

Listing Agent

AJ Schmidt

eXp Realty LLC Brokerage Phone: 712-310-6119 License #20120339 Listed on: 07/13/2025

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1890

Lot Details

  • 7,210 Sq Ft Lot
  • Lot Dimensions are 51.5 x 140

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Parking Spaces
  • No Garage

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • 5 Units
  • Hanscom Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1237390000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,602

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Parcel Number: 1237390000
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1655
  • Lot Size: 51.5 x 140
  • Ownership: Fee Simple
  • Subdivision Name: Hanscom Place
  • Directions: GPS
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • BK9_LFD_TYPE1APPLIANCES_71: Range - Cooktop + Oven, Refrigerator
  • Attribution Contact: M: 712-310-6119
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: None
  • Construction Type: Masonite
  • Patio And Porch Features: Porch, Patio
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 5

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant
  • 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., Alley
  • Lot Size Sq Ft: 7210

Green Features

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4602

Multi Family

  • Number Of Units Total: 5
  • Total Actual Rent: 4550

Map

Range of Values:

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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
2024 $6,004 $284,600 $24,600 $260,000
2023 $6,004 $284,600 $24,600 $260,000
2022 $3,234 $151,500 $7,000 $144,500
2021 $3,207 $151,500 $7,000 $144,500
2020 $3,244 $151,500 $7,000 $144,500
2019 $3,253 $151,500 $7,000 $144,500
2018 $2,752 $128,000 $7,000 $121,000
2017 $2,652 $123,600 $7,000 $116,600
2016 $2,652 $123,600 $7,000 $116,600
2015 $2,587 $122,200 $7,000 $115,200
2014 $2,587 $122,200 $7,000 $115,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 For Sale $400,000 +20.1% --
03/16/2022 03/16/22 Sold $333,000 0.0% $128 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $333,000 +90.3% $128 / Sq Ft
08/16/2019 08/16/19 Sold $175,000 -5.4% --
07/31/2019 07/31/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $185,000 0.0% --
08/31/2018 08/31/18 Rented $645 0.0% --
08/14/2018 08/14/18 Price Changed $645 -7.2% $1 / Sq Ft
04/11/2018 04/11/18 Price Changed $695 -0.7% $1 / Sq Ft
03/23/2018 03/23/18 Price Changed $700 +7.7% $1 / Sq Ft
03/06/2018 03/06/18 Rented $650 +8.3% --
02/20/2018 02/20/18 Rented $600 -14.3% --
02/20/2018 02/20/18 Rented $700 +7.7% --
01/09/2018 01/09/18 For Rent $650 +18.2% --
01/09/2018 01/09/18 For Rent $550 -26.7% --
01/09/2018 01/09/18 For Rent $750 +7.1% --
01/09/2018 01/09/18 For Rent $700 0.0% --
09/01/2017 09/01/17 Sold $163,000 0.0% --
06/17/2017 06/17/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $163,000 -- --
Source: Great Plains Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $333,000 Green Title & Escrow
Warranty Deed $175,000 Aksarben Title And Escrow
Warranty Deed $163,000 Rts Title & Escrow
Warranty Deed $361,000 Midwest Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $34,425 Credit Line Revolving
Open $266,400 New Conventional
Previous Owner $132,100 Commercial
Previous Owner $130,000 Commercial
Source: Public Records

Source: Great Plains Regional MLS

MLS Number: 22519427

Great Plains Regional MLS

APN: 3739-0000-12