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1120 Park Avenue

Omaha, NE 68105
  • $579,000
  • STATUS: Active
  • MLS #: 22608438
Price Reduced
UPDATED: 74 min ago
$579,000
  • 7
    BEDS
  • 0.26
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Repositioned at $579,000 Fully renovated, fully furnished Park Ave Eight — 8-unit multifamily investment property, 4 minutes -1.5 miles to UNMC/Nebraska Medicine. In Omaha’s historic Hanscom Park / Field Club area near Midtown, Downtown & I-480. This is a strong demand driver for furnished mid-term rental housing. 100% rented with current gross rents of $8,700/month; buyer to verify income, expenses, & lease terms. Professionally managed turnkey asset with each unit furnished for mid or short-term rental use. Rare for this area: large tenant parking lot with 10+ off-street spaces, sitting on over a 1/4-acre lot. Features include; new driveway & parking lot, updated roof, front/rear unit access, laundry facilities, basement shelter area & potential basement storage income. Rent Roll & T-17 available. Seller requests, serious buyers only please, POF or lender approval requested. Call Agent for details. $72,375 per door, 5.55 GRM, 18.03% gross rent-to-price ratio before expenses & debts

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Listing information © 2026 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed accurate by the MLS or Summit Real Estate. Data last updated 2026-05-19T08:33:29.797.
www.soldwithsummit.com/homes/174623539
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1120 Park Avenue Omaha, NE 68105

  • Price: $579,000
  • Status: Active
  • On Site: Days
  • Updated: 74 min ago
  • MLS #: 22608438
7
Beds
8
Baths
0
½ Baths
0.26
Acres
1900
Built
Neighborhood:
Hanscom Park,Field Club
County:
Douglas
Area:
Douglas
Elementary School:
Field Club
Middle School:
Norris
High School:
Central
School District:
Omaha
Property Description
Repositioned at $579,000 Fully renovated, fully furnished Park Ave Eight — 8-unit multifamily investment property, 4 minutes -1.5 miles to UNMC/Nebraska Medicine. In Omaha’s historic Hanscom Park / Field Club area near Midtown, Downtown & I-480. This is a strong demand driver for furnished mid-term rental housing. 100% rented with current gross rents of $8,700/month; buyer to verify income, expenses, & lease terms. Professionally managed turnkey asset with each unit furnished for mid or short-term rental use. Rare for this area: large tenant parking lot with 10+ off-street spaces, sitting on over a 1/4-acre lot. Features include; new driveway & parking lot, updated roof, front/rear unit access, laundry facilities, basement shelter area & potential basement storage income. Rent Roll & T-17 available. Seller requests, serious buyers only please, POF or lender approval requested. Call Agent for details. $72,375 per door, 5.55 GRM, 18.03% gross rent-to-price ratio before expenses & debts
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Stucco Covered Spaces 0 Fencing None Foundation Details Brick/Mortar Garage YN No Lot Features Over 1/4 up to 1/2 Acre Parking Features No Garage Parking Total 10 Roof Composition

Interior Features

Appliances WasherDryer Basement YN Yes Bathrooms Full 5 Cooling Window Unit(s) Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Heating Natural GasForced Air Heating YN Yes Laundry Features Laundry Facilities Levels Three Or More Rooms Total 6

Property Features

Association YN No Listing Terms Private Financing AvailableConventionalCashSeller AssistanceOther New Construction YN No Ownership Fee Simple Property Condition Not New and NOT a Model Property Sub Type Multi Family REO NO Sewer Public Sewer Tax Annual Amount 6798.74 Tax Year 2025 Total Actual Rent 8700 Water Source Public

Listing information © 2026 Great Plains Regional MLS.
Listing provided by Ted Kaasch of Realty ONE Group Sterling: .


Listing information © 2026 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed accurate by the MLS or Summit Real Estate. Data last updated 2026-05-19T08:33:29.797.
 
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