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$350,000

111 S 38th St Omaha, NE 68131

2,852 sqft
$123 / sqft
Multi-Family

Property details

About 111 S 38th St

OPEN HOUSE 5/20 @ 11am - 1pm & 5/23 @ 11am - 1pm! Fall in love with this absolutely adorable 2.5-story building located in the heart of vibrant Midtown—just steps away from restaurants, shops, nightlife, and more! This unique property features three distinct units: a spacious 2 bed, 2 bath; a 1 bed, 1 bath; and a studio currently furnished for short-term rental use but easily convertible to a traditional lease. Each unit offers modern updates with stainless steel appliances, beautiful hardwood floors, in-unit laundry and an abundance of natural light. The property’s distinctive floor plans and classic architectural character make it a standout for both owner-occupants and investors alike. Ample off-street parking adds convenience to this already desirable package. Don't miss this rare opportunity to own a versatile, income-generating gem in one of Omaha’s most sought-after neighborhoods!

Highlights

Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,852 sqft
BasementYes
Year built1905
MLS #22513187

Summary

  • Appliances: Dryer, Refrigerator, Washer
  • Basement: Yes
  • Attached Garage: No
  • Parking: None
  • Exterior: Porch
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $350,000
  • Price/SqFt: $122
  • Annual Tax Amount: $5,257
  • Tax Year: 2023
  • Year Built: 1905
  • Living Area: 2,852 SqFt
  • MLS Number: 22513187
  • Office Name: Peterson Bros Realty
  • Office Phone: (402) 397-8700
  • Listing Agent: Liz Otto

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: 7/23/2025, 5:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 15, 2018
Home Sold
$210,000
Dec 12, 2012
Home Sold
$41,000
Oct 05, 2004
Home Sold
$120,000

Tax history

YearAssessmentProperty Tax
2023$249,200$5,257
2022$249,200$4,442
2021$209,900$4,493
2020$209,900$4,380
2019$204,000$3,257
2018$151,500$3,273
2017$151,500$3,250

History based on county public records data.

Nearby schools

3

Jackson Elementary School

Public District PK-6

0.7 mi

620 S 31st St

3

Gifford Park Elementary School

Public District EE-6

0.7 mi

717 N 32nd St

3

Walnut Hill Elementary School

Public District PK-6

1.1 mi

4370 Hamilton 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 $23,125. The majority of Omaha, NE residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

67%
<35k
28%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

82%
Single, No Kids
5%
Single, with Kids
8%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
56%
18-34 yrs old
30%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • PopeyesPopeyes

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 111 S 38th St

The listing price of 111 S 38th St property is $350,000.

The property 111 S 38th St is a multi located in Omaha, Nebraska, 68131.

Active Listing: 111 S 38th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 111 S 38th St are: Jackson Elementary School (GreatSchools Rating 3/10), Gifford Park Elementary School (GreatSchools Rating 3/10), Walnut Hill Elementary School (GreatSchools Rating 3/10), Norris Middle School (GreatSchools Rating 3/10), Monroe Middle School (GreatSchools Rating 3/10), King Science & Technology Center (GreatSchools Rating 1/10), Central High School (GreatSchools Rating 5/10), Benson High School (GreatSchools Rating 1/10), Omaha North High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $5,257 (source: MLS/based on county public records data).

The last sale was on June 15, 2018 for $210,000 (source: MLS/tax record).

The property 111 S 38th St is 2,852 SqFt (source: MLS/tax record).

The year of construction for 111 S 38th St is 1905.

This home is located at 111 S 38th St in Omaha, NE and zip code 68131 in the Midtown Omaha neighborhood. This 2,852 square foot home was built in 1905. Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $350,000.

Over 215 listings were sold over their listed price in June 2025 in Omaha, NE. In the same period over 211 listings were sold below the listed price and 182 listings were sold for the listed price. Between May and June 2025, Omaha, NE real estate market has seen increase in the number of listings by 28.8%. While the average time on the market in June 2025 was 14 days, the median list price was $301,500.

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

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