$699,900

1120 Park Ave Omaha, NE 68105

$8,311
Closing credit¹
Multi-Family

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)
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

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: 5/22/2025, 8:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1120 Park Ave, Omaha, NE 68105 - view of front of home featuring a front yard and stucco siding

$699,900

1120 Park Ave

$8,311

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 22, 2021
Home Sold
$300,000
May 09, 2018
Home Sold
$112,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,837. The majority of Omaha, NE residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area 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 WrestlingPro Wrestling
  • UFCUFC
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • Burger KingBurger King
  • StarbucksStarbucks

What do the neighbors drive?

  • PontiacPontiac
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

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

Similar homes for sale

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 144 listings were sold over their listed price in April 2025 in Omaha, NE. In the same period over 191 listings were sold below the listed price and 137 listings were sold for the listed price. The number of listings in Omaha, NE increased by 8.1% between March and April 2025. While the average time on the market in April 2025 was 22 days, the median list price was $295,000.

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

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