$325,000

1124 N 40th St Omaha, NE 68131

$3,859
Closing credit¹
2,816 sqft
$115 / sqft
Multi-Family

Property details

About 1124 N 40th St

Amazing opportunity w/ this midtown duplex!1 unit is a 5 br/3 bath w/ a primary suite that has its own full bath. 2nd unit has large 1 br & 2nd non conf. br, nice kitchen and 3/4 bath. Roof/gutters 2019. Seller willing to leave furniture as they have successfully done STR (airbnb) w/ a history of rents. Keep as STR, do long term rents OR if FHA/VA, live in one unit and rent the other! Corner unit with off street parking and parking pads. Close to Creighton, midtown, DT, UNMC, Dundee. Great mechanical updates and some newer windows. Very cool & unique property with too many features to mention. MUST SEE!!

Highlights

Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,816 sqft
BasementYes
Year built1895
MLS #22507493

Summary

  • MLS Number: 22507493
  • Office Name: BHHS Ambassador Real Estate
  • Office Phone: (402) 333-7000
  • Office Email: info@bhhsamb.com
  • Listing Agent: Todd S. Bartusek

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: 4/18/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of property featuring a chimney, a sunroom, and a patio area

$325,000

1124 N 40th St

$3,859

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 27, 2019
Home Sold
$131,000
May 06, 2016
Home Sold
$115,000
Aug 10, 2007
Home Sold
$18,000

Tax history

YearAssessmentProperty Tax
2023$174,300$3,677
2022$174,300$3,689
2021$174,300$3,170
2020$148,100$3,180
2019$148,100$3,184
2018$148,100$2,618
2017$121,200$2,600

History based on county public records data.

Nearby schools

3

Walnut Hill Elementary School

Public District PK-6

0.4 mi

4370 Hamilton St

4

Franklin Elementary School

Public District PK-6

0.5 mi

3506 Franklin St

3

Gifford Park Elementary School

Public District EE-6

0.8 mi

717 N 32nd 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 $40,329. The most common annual income of people living in Omaha, NE is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
60%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
18%
Single, with Kids
13%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza
  • StarbucksStarbucks

What do the neighbors drive?

  • DodgeDodge
  • PontiacPontiac
  • MazdaMazda

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 1124 N 40th St in Omaha, NE and zip code 68131 in the Walnut Hill neighborhood. This 2,816 square foot home was built in 1895. Features: 0 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $325,000.

Omaha, NE housing market in March 2025 saw over 101 listings sold above listed price, more than 132 sold at listed price and over 169 sold below. The number of homes for sale in Omaha, NE increased by 7.2% between February and March 2025. In March 2025 median list price was $275,000 and the average listing age was 22 days.

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

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