#22513246, Mike J Tesnar, Listing Office: BHHS Ambassador Real Estate
1120 Park Ave Omaha, NE 68105
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
(ACTIVE)
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
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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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$699,900
1120 Park Ave
$8,311
closing credit¹
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0.5% sale price²
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. 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.
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.