$225,000

1101 Bancroft St Unit 1, 2, 3 Omaha, NE 68108

$2,672
Closing credit¹
3,120 sqft
$72 / sqft
Multi-Family

Property details

About 1101 Bancroft St Unit 1, 2, 3

Limited-time price reduction! This wooded property is walking distance to the Zoo, Lauritzen Gardens and 13th & I-80. This triplex has 1 occupied unit covering his own heating electric bill & a $100 utility reimbursement. The property has undergone over $96K in updates, including a complete rebuild, three new electric furnaces (May 2023), and $8K in electrical upgrades. Unit 2 requires plumbing work PVC-to-cast-iron pipe replacement per city code citations, rail, utility door. Read the attached Plumbing City Citation Doc's & City Pictures. The City allows new owner six months to bring property to rental compliance. Seller requests seasoned investors & agents with the understanding of City Citations. You don’t want to miss out on this income investment BRRRR opportunity. Pro-Forma-$3,600.00 Per Month. Add Pet Rent and Storage. Sold as-is. Investors know anything can be fixed with the exception of, LOCATION! Follow the money to the HOT 68108-South "O" Area. Will NOT LAST LONG!

Highlights

Home typeMulti Family
HeatingElectric, Forced Air
StatusActive
(BACK ON MARKET)
CoolingWindow Unit(s)
Size3,120 sqft
BasementYes
Year built1900
MLS #22501529

Summary

  • MLS Number: 22501529
  • Office Name: Realty ONE Group Sterling
  • Office Phone: (402) 934-0074
  • Office Email: Jim@ROGSterling.com
  • Listing Agent: Monica P. Albers

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/16/2025, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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spare room with light carpet

$225,000

1101 Bancroft St Unit 1, 2, 3

$2,672

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Bancroft Elementary School

Public District PK-5

0.3 mi

2724 Riverview Blvd

3

Castelar Elementary School

Public District PK-5

0.6 mi

2316 S 18th St

4

Spring Lake Elementary School

Public Magnet EE-5

1.2 mi

4215 S 20th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,607. Residents of Omaha, NE typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

23%
<35k
66%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
23%
Single, with Kids
14%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Books-a-MillionBooks-a-Million
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • White CastleWhite Castle

What do the neighbors drive?

  • ToyotaToyota
  • KiaKia
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • Adult StandardsAdult Standards
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1101 Bancroft St Unit 1, 2, 3 in Omaha, NE and zip code 68108 in the South Omaha neighborhood. This 3,120 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $225,000.

In February 2025 more than 68 listings in Omaha, NE were sold above the asking price. During the same period more than 120 listings were sold at asking price, while more than 152 were sold below. The inventory of homes for sale in Omaha, NE between January and February 2025 decreased by 2.8%. While the average time on the market in February 2025 was 25 days, the median list price was $280,372.

From Rocket Homes Real Estate and based on county public records data.

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