$494,900
$30K PRICE DROP

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

Little Italy Neighborhood

Estimated payment $2,882/month

Total Views 59,192
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

4 PLEX! Nestled in the heart of, LIL ITALY. Walk or drive just 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 kitchen back splash & bathrooms. All units have the same classic finishes.Whether you choose to live in one unit and rent out the others or use it as an investment property, the location is perfect for both long-term and mid-term rentals. Don’t miss out on this incredible opportunity to Airbnb unit or two for 2026 CWS!Rental PRO-FORMA $5,479.00,owner collects 50 P/U for Water The unfinished basement space allows for you to ADD-VALUE with paid laundry, storage rental and space for rec area. Exterior is a plain canvas-apply your vibe. The roof & west exterior siding- hail damage/Ins claim-not-filed. SELLER WILL REPLACE ROOF BEFORE CLOSING. Pre-approved buyers only, do not disturb tenant. See AI Gen-Curb Appeal Pics for possibility.

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
  • 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
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 09013400009

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
  • 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
  • Remarks22: Unit 1-Occupied, 2-bed, East main floor - Vacant by 12/11/25 Unit 2-Vacant-1 bed, West main floor Unit 3-Vacant, 3 bed, East, upper Unit.4-Vacant, 2 bed, West, upper Units are listed for rent-call before showing to confirm vacancies. RENTAL LISTINGS by, Orange Property Management https://app.tenantturner.com/qualify/502-william?p=Company OWNER PAYS WATER & COLLECTS $50.00 per unit All listed - FOR RENT
  • BK9_LFD_TYPE1ROOMS_70: Living Room, Kitchen
  • BK9_LFD_TYPE2ROOMS_77: Living Room, Kitchen
  • BK9_LFD_TYPE3ROOMS_84: Living Room, Kitchen
  • BK9_LFD_TYPE4ROOMS_91: Living Room, Kitchen
  • BK9_LFD_TYPE1COOLING_75: Central Air
  • BK9_LFD_TYPE2COOLING_82: Central Air
  • BK9_LFD_TYPE3COOLING_89: Central Air
  • BK9_LFD_TYPE4COOLING_96: Central Air
  • BK9_LFD_TYPE1HEATFUEL_74: Gas
  • BK9_LFD_TYPE1HEATTYPE_73: Forced Air
  • BK9_LFD_TYPE2HEATFUEL_81: Gas
  • BK9_LFD_TYPE2HEATTYPE_80: Forced Air
  • BK9_LFD_TYPE3HEATFUEL_88: Gas
  • BK9_LFD_TYPE3HEATTYPE_87: Forced Air
  • BK9_LFD_TYPE4HEATFUEL_95: Gas
  • BK9_LFD_TYPE4HEATTYPE_94: Forced Air
  • BK9_LFD_TYPE1APPLIANCES_71: Range - Cooktop + Oven, Refrigerator, Freezer, Dishwasher, Microwave
  • BK9_LFD_TYPE2APPLIANCES_78: Range - Cooktop + Oven, Refrigerator, Dishwasher, Microwave
  • BK9_LFD_TYPE3APPLIANCES_85: Range - Cooktop + Oven, Refrigerator, Freezer, Dishwasher, Microwave
  • BK9_LFD_TYPE4APPLIANCES_92: Range - Cooktop + Oven, Refrigerator, Freezer, Dishwasher, Microwave
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access
  • Appliances: Range, Refrigerator, Freezer, Dishwasher, Microwave
  • 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: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • 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

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 5229

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2025 11/22/25 Price Changed $494,900 0.0% --
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

Source: Great Plains Regional MLS

MLS Number: 22423092

Great Plains Regional MLS
Nebraska Douglas County Omaha 68108 Little Italy

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

For Sale

MultiFamily

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Ted Kaasch
Listing Agent
Ted Kaasch
Section Image
Realty ONE Group Sterling
(402) 788-4235