640 S 38th St Omaha, NE 68105
Midtown Omaha NeighborhoodEstimated payment $5,918/month
Highlights
- 0.32 Acre Lot
- 6 Car Detached Garage
- Forced Air Heating and Cooling System
- No HOA
- Brick or Stone Mason
About This Home
Excellent investment opportunity! Two all-brick 4-plexes sold together as an 8-unit multifamily property in a prime mid-town location near Blackstone and UNMC. Each spacious 830 sq. ft. unit offers 1 bedroom and 1 bathroom. Recent improvements include a new roof and gutters in 2024, along with newly replaced street-facing windows on both buildings. Showings by firm appointment only on designated dates. Buyers must be accompanied by their licensed agent or the listing agent for all showings. Please contact your agent or listing agent to schedule. See associated MLS documents for detailed information on rents, utilities, laundry, and parking. Listing agents are related to sellers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,896
Year Built
- Built in 1951
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 187 x 75
Parking
- 6 Car Detached Garage
Home Design
- 830 Sq Ft Home
- Brick or Stone Mason
- Block Foundation
- Composition Roof
Kitchen
- Oven or Range
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Schools
- Jackson Elementary School
- Norris Middle School
- Central High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heating System Uses Natural Gas
Additional Features
- Basement
Community Details
- No Home Owners Association
- 830 Sq Ft Building
- West Omaha Subdivision
Listing and Financial Details
- Assessor Parcel Number 2520300000
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,896 | $550,100 | $28,100 | $522,000 |
| 2024 | $11,604 | $550,100 | $28,100 | $522,000 |
| 2023 | $11,604 | $550,000 | $28,100 | $521,900 |
| 2022 | $8,859 | $415,100 | $28,100 | $387,000 |
| 2021 | $9,565 | $451,900 | $21,000 | $430,900 |
| 2020 | $9,675 | $451,900 | $21,000 | $430,900 |
| 2019 | $8,490 | $395,400 | $21,000 | $374,400 |
| 2018 | $9,622 | $447,500 | $21,000 | $426,500 |
| 2017 | $6,647 | $307,600 | $21,000 | $286,600 |
| 2016 | $6,216 | $289,700 | $21,000 | $268,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | Pending | -- | -- | -- |
| 12/01/2025 12/01/25 | For Sale | $1,000,000 | -- | $1,205 / Sq Ft |
Source: Great Plains Regional MLS
MLS Number: 22533952
APN: 2030 0000 25
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 2025, Great Plains Regional MLS LLC
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