#22430294, Todd A. Walkenhorst, Listing Office: Horst Power Realty
1101 Bancroft St Unit 1, 2, 3 Omaha, NE 68108
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
(BACK ON MARKET)
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
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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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$225,000
1101 Bancroft St Unit 1, 2, 3
$2,672
closing credit¹
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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.
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.
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.