$494,999
$30K PRICE DROP

502 William St Unit 1,2,3,4 Omaha, NE 68108

Little Italy Neighborhood

Estimated payment $3,044/month

Total Views 48,073
7 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Living Room
  • 4-minute walk to Dahlman Park

About This Home

LOCATION! LOCATION! LOCATIONS! Come check out this LIL-BELLA-4 PLEX! Nestled in the heart of, LIL ITALY. Walk or drive just 1-MILE to the OLD MARKET & LIL BOHO! The interior is freshly renovated with modern upgrades, including granite countertops, classic hardwood floors, stainless steel appliances, and subway tiled bathroom showers. It’s truly move-in ready! Whether you choose to live in one unit and rent out the others or use it as an investment property, it's perfect for both long-term and mid-term rentals. Don’t miss out on this incredible opportunity to Airbnb unit or two for 2025 CWS! PRO-FORMA W/ CURRENT GROSS RENT $5,479.00 See attached leases. The unfinished basement space allows for you to add value, with paid laundry, storage rental and space for rec area. The exterior siding needs misc repair work and is being sold as is. Serious cash or conventional pre-approved buyers please. 2 occupied units require 30 hour notice. 2-Vacant units are go and show! Call today!

Listing Agent

Ted Kaasch

Realty ONE Group Sterling License #20230253 Listed on: 09/09/2024

Realty ONE Group Sterling

Co-Listing Agent

Mo Albers

Realty ONE Group Sterling License #20201262

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1880

Lot Details

  • 2,450 Sq Ft Lot
  • Lot Dimensions are 35 x 70
  • Corner Lot

Home Design

  • Brick Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Gas Stub for Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Deck

Schools

  • Bancroft Elementary School
  • Norris Middle School
  • Central High School

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Credit Foncier Subdivision

Listing and Financial Details

  • Rent includes type 1(water hot water), type 2(water hot water), type 3(water hot water), type 4(heat)
  • Assessor Parcel Number 09013400009
  • Tax Block 1100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,346

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Parcel Number: 09013400009
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0562
  • Lot Size: 35 x 70
  • Co List Office Mls Id: 101610
  • Ownership: Fee Simple
  • Subdivision Name: Credit Foncier
  • Directions: 10th St to Pacific, East to 6th St, South to William
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Appliances: Range - Cooktop + Oven, Refrigerator, Freezer, Dishwasher, Microwave, Connection For Gas Ranges
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace: No

Exterior Features

  • Foundation Details: Brick/Mortar
  • Fencing: None
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Type 1(Water,Hot Water), Type 2(Water,Hot Water), Type 3(Water,Hot Water), Type 4(Heat)
  • Association: No

Schools

  • High School: Central
  • Elementary School: Bancroft
  • Junior High Dist: Omaha
  • Middle Or Junior School: Norris

Lot Info

  • Lot Features: Up to 1/4 Acre., Corner Lot
  • Lot Size Sq Ft: 2450

Green Features

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3346
  • Tax Block: 1100

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 5479

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/31/2024 10/31/24 For Sale $494,999 0.0% --
09/28/2024 09/28/24 Pending -- -- --
09/22/2024 09/22/24 Price Changed $494,999 0.0% --
09/18/2024 09/18/24 Price Changed $495,000 -5.7% --
09/09/2024 09/09/24 For Sale $525,000 -- --
Source: Great Plains Regional MLS

Similar Homes in Omaha, NE

  • 2609 Marcy St, Omaha, NE 68105

    $475,000

    • 6 Beds
    • 4 Baths
    • 4,460 Sq Ft
    • 2609 Marcy St
    • Omaha, NE

    Incredible Turnkey Investment Opportunity, Fully Occupied Duplex & Fourplex located side by side, Package for $975,000. Both two story townhome style and updated. 2609 marcy st and 818 S 26th st. Don’t miss this rare chance to own a fully stabilized, cash-flowing investment package with six total units and long-term tenants in place. 2609 Marcy St (Duplex): Each unit features 3 bedrooms, 2 full

    Subash Baniya RB14 REalty, LLC

    Section Image
  • 818 S 26th St, Omaha, NE 68105

    $500,000

    • 8 Beds
    • 4 Baths
    • 4,032 Sq Ft
    • 818 S 26th St
    • Omaha, NE

    Incredible Turnkey Investment Opportunity, Fully Occupied Duplex & Fourplex located side by side, Package for $975,000. Both two story townhome style and updated. 2609 marcy st and 818 S 26th st. Don’t miss this rare chance to own a fully stabilized, cash-flowing investment package with six total units and long-term tenants in place. 2609 Marcy St (Duplex): Each unit features 3 bedrooms, 2 full

    Subash Baniya RB14 REalty, LLC

    Section Image
  • 1612 S 32nd Ave, Omaha, NE 68105

    $625,000

    • 5 Beds
    • 5 Baths
    • 3,624 Sq Ft
    • 1612 S 32nd Ave
    • Omaha, NE

    OPEN HOUSE SAT MAY 17th - from 2-4PM! Outstanding Investment Opportunity in Omaha’s Prestigious Field Club Neighborhood! Discover this well-maintained 5-unit gem, ideally located just moments from the historic Field Club of Omaha golf course. Blending timeless character with strong income potential, this property features four spacious 2-bedroom units and one 1-bedroom unit, each offering

    Ismail Ismail Nebraska Realty

    Section Image
  • 115 N 38th Ave, Omaha, NE 68131

    $395,000

    • 6 Beds
    • 4 Baths
    • 115 N 38th Ave
    • Omaha, NE

    Sitting just a block from the famous Josyln Castle is where you will find this character filled multi family home conversion. A few blocks from the Blackstone district this area is booming plus the streetcar is coming very close to the property. The home is stately with a very well done conversion. The unit's are cozy and filled with light. Same owner for 30 years! Views to the east. Coming

    Rob Cerveny BHHS Ambassador Real Estate

    Section Image
  • 121 N 38th Ave, Omaha, NE 68131

    $375,000

    • 5 Beds
    • 3 Baths
    • 121 N 38th Ave
    • Omaha, NE

    Sitting just a block from the famous Joslyn Castle is where you will find this character filled multi family conversation home. A few blocks from the Blackstone district this area is booming plus the street car is coming a few blocks away! This home is stately with a very well done conversion. The unit's and light, bright and cozy. Same owner for 30 years!! NOTE:: the property next door is for

    Rob Cerveny BHHS Ambassador Real Estate

    Section Image
  • 5401 S 32nd St, Omaha, NE 68107

    $389,000

    • 5 Beds
    • 4 Baths
    • 3,198 Sq Ft
    • 5401 S 32nd St
    • Omaha, NE

    Fully leased 4 plex. Great south Omaha location with high rental demand.

    Jeff Villotta Nebraska Realty

    Section Image
  • 2206 N 56th St, Omaha, NE 68104

    $585,000

    • 6 Beds
    • 4 Baths
    • 3,544 Sq Ft
    • 2206 N 56th St
    • Omaha, NE

    Rare opportunity to own a stunning all-brick ranch duplex in the heart of Omaha’s historic and sought-after Country Club neighborhood! This beautifully maintained property features 3 bedrooms and 3 bathrooms per side, each with its own 1-car attached garage. Situated on a spacious corner lot, the home offers a newer privacy fence, a newer roof, and a maintenance-free exterior—perfect for

    Kristin Sterns Coldwell Banker NHS RE

    Section Image
  • 2322 Read St, Omaha, NE 68112

    $485,000

    • 9 Beds
    • 5 Baths
    • 4,086 Sq Ft
    • 2322 Read St
    • Omaha, NE

    Cash flowing, turnkey investment. This charming converted fully leased multi- unit property with updates is ready for its next investor! Spanning an impressive 1.35 acres, it features a stunning grand fireplace and elegant wood floors in the main residence. The main house includes 3 spacious units, while an additional carriage house offers two 1-bedroom units. Each unit offers its own Furnace

    Becky Miralles Better Homes and Gardens R.E.

    Section Image

Source: Great Plains Regional MLS

MLS Number: 22423092

Great Plains Regional MLS