$205,000

3420 N 42nd St Omaha, NE 68111

Fairfax Neighborhood

Estimated payment $1,305/month

Total Views 10,838
4 Beds
3 Baths
1,704 Sq Ft
$120 Price per Sq Ft

Highlights

  • Raised Ranch Architecture
  • No HOA
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Patio

About This Home

Contract Pending Great opportunity near Midtown & Downtown Omaha! This 4-bed home is close to Fontenelle Blvd, the CHI Health Center, Charles Schwab Field, and top entertainment districts. Perfect for a first-time buyer, flipper, or investor using the BRRRR strategy. With plenty of potential to add value and equity, this property offers flexibility whether you’re looking for your first home or your next investment. Don’t miss out on this well-located gem in the heart of Omaha!

Listing Agent

Tim Traudt

Evolve Realty License #20200599 Listed on: 10/20/2025

Co-Listing Agent

Robert Anthony

Evolve Realty License #20171239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 100 x 68
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,704 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Outdoor Features

  • Patio

Schools

  • Druid Hill Elementary School
  • Monroe Middle School
  • Benson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Institute Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1416050000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,668

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Parcel Number: 1416050000
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 100 x 68
  • Ownership: Fee Simple
  • Subdivision Name: Institute Place
  • Directions: Use GPS
  • Above Grade Finished Sq Ft: 1704
  • Architectural Style: Raised Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Kitchen Level: Main Floor
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Formal Dining Room
  • Basement: Partially Finished
  • Basement YN: Yes
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1704
  • Room Bedroom2 Level: Main Floor
  • Room Bedroom3 Level: Main Floor
  • Room Bedroom4 Level: Basement
  • Dining Room Dining Room Level: Main Floor
  • Living Room Living Room Level: Main Floor
  • Master Bedroom Master Bedroom Level: Main Floor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Fencing: Chain Link, Full
  • Construction Type: Wood Siding, Brick/Other
  • Patio And Porch Features: Patio
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Built-In, Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Benson
  • Elementary School: Druid Hill
  • Junior High Dist: Omaha
  • Middle Or Junior School: Monroe

Lot Info

  • Property Attached Yn: No
  • Lot Features: Up to 1/4 Acre.

Green Features

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2668.28

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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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
2025 -- $138,100 $10,500 $127,600
2024 -- $138,100 $10,500 $127,600
2023 $2,668 $127,700 $10,500 $117,200
2022 $2,668 $125,000 $7,800 $117,200
2021 $2,089 $98,700 $7,800 $90,900
2020 $1,593 $74,400 $7,800 $66,600
2019 $2,156 $100,400 $800 $99,600
2018 $1,613 $75,000 $800 $74,200
2017 $1,236 $57,200 $800 $56,400
2016 $1,378 $64,200 $700 $63,500
2015 $1,584 $74,800 $6,600 $68,200
2014 $1,584 $74,800 $6,600 $68,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2025 10/20/25 For Sale $205,000 +21.2% $120 / Sq Ft
05/06/2025 05/06/25 Sold $169,100 -6.1% $80 / Sq Ft View Prior Sale
04/10/2025 04/10/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $180,000 -- $86 / Sq Ft
Source: Great Plains Regional MLS

Source: Great Plains Regional MLS

MLS Number: 22530267

Great Plains Regional MLS

APN: 1605-0000-14

Nebraska Douglas County Omaha 68111 Fairfax

3420 N 42nd St, Omaha, NE

For Sale

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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.
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Tim Traudt
Listing Agent
Tim Traudt
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Evolve Realty
(402) 698-3152