#22513246, Mike J Tesnar, Listing office: BHHS Ambassador Real Estate
Property details
About 1120 Park Ave
Fully renovated and fully furnished 8-unit historic building in Midtown Omaha. This income-producing gem brings in $8,700/month and is 100% rented. The property underwent a full rehab after an upstairs fire, blending classic charm with modern updates. Each unit is thoughtfully furnished for mid or short-term rental. Features include a brand-new parking lot with 10 spaces, updated roof, new driveway, and massive off-street parking—rare for the area. This is a true turnkey investment.
Highlights
Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
(ACTIVE)
(ACTIVE)
BasementYes
Year built1900
MLS #22510594
Summary
- Basement: Yes
- Attached Garage: No
- Parking: None
- Heating: Natural Gas, Forced Air
- List Price: $699,900
- Annual Tax Amount: $5,873
- Tax Year: 2023
- Directions: Take Exit 452 for I-480 North toward Downtown Omaha. Stay on I-480 N for about 2 miles. Take Exit 1B for Leavenworth Street. Turn right onto Leavenworth Street. Go about half a mile, then turn left onto Park Avenue. 1120 Park Ave on right
- Year Built: 1900
- MLS Number: 22510594
- Office Name: Realty ONE Group Sterling
- Office Phone: (402) 934-0074
- Office Email: Jim@ROGSterling.com
- Listing Agent: Ted Kaasch Jr
The 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: 7/2/2025, 9:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 22, 2021 | Home Sold | $300,000 |
| May 09, 2018 | Home Sold | $112,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $278,400 | $5,873 |
| 2022 | $272,500 | $4,751 |
| 2021 | $224,500 | $4,806 |
| 2020 | $224,500 | $4,631 |
| 2019 | $215,700 | $4,637 |
| 2018 | $215,700 | $3,809 |
| 2017 | $176,300 | $3,783 |
History based on county public records data.
Nearby schools
3
Jackson Elementary School
Public District PK-6
0.4 mi
•620 S 31st St
2
Field Club Elementary School
Public District PK-5
0.6 mi
•3512 Walnut St
2
Liberty Elementary School
Public District PK-6
0.8 mi
•2021 Saint Marys Ave
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 $27,837. Residents of Omaha, NE typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
71%
<35k
29%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
46%
Single, No Kids
21%
Single, with Kids
10%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
7%
12-17 yrs old
33%
18-34 yrs old
33%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
UFC
NBA/WNBA
Where do the neighbors shop?
Burlington
Family Dollar
Express/Express For Men
Where do the neighbors go to eat?
Cicis Pizza
Burger King
Starbucks
What do the neighbors drive?
Pontiac
Buick
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1120 Park Ave
The listing price of 1120 Park Ave property is $699,900.
The property 1120 Park Ave is a multi located in Omaha, Nebraska, 68105.
Active Listing: 1120 Park Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1120 Park Ave are: Jackson Elementary School (GreatSchools Rating 3/10), Field Club Elementary School (GreatSchools Rating 2/10), Liberty Elementary School (GreatSchools Rating 2/10), Norris Middle School (GreatSchools Rating 3/10), King Science & Technology Center (GreatSchools Rating 1/10), R. M. Marrs Magnet Middle School (GreatSchools Rating 2/10), Central High School (GreatSchools Rating 5/10), Omaha South High School (GreatSchools Rating 5/10), Benson High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $5,873 (source: MLS/based on county public records data).
The last sale was on October 22, 2021 for $300,000 (source: MLS/tax record).
The year of construction for 1120 Park Ave is 1900.
This home is located at 1120 Park Ave in Omaha, NE and zip code 68105 in the Midtown Omaha neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $699,900.
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. The inventory of homes for sale in Omaha, NE between May and June 2025 increased by 28.8%. In June 2025, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $301,500.
From Rocket Homes Real Estate and based on county public records data.