$140,000

4542 N 40th St Omaha, NE 68111

$1,663
Closing credit¹
2 beds
1 full
1,085 sqft
0.1 acres
$129 / sqft
House

Property details

About 4542 N 40th St

Investor special! This is a unique opportunity for those looking to take on a project and build equity. This spacious 2-bedroom, 1-bathroom home presents an excellent investment prospect and would be a valuable addition to any investor's portfolio. The large layout offers ample space to maximize your returns. The property has been a reliable rental for its current owner and is now ready for your personal touch. Bring your vision to this home and unlock its true potential. Don't miss out on this chance to create something exceptional!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
(NEW)
Size1,085 sqft
Lot size0.11 Acres
Year built1955
MLS #22511056

Summary

  • Full Bathrooms: 1
  • Appliances: None
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: None
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: None
  • Exterior: Porch
  • Architectural Style: 1.0 Story/Ranch
  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • List Price: $140,000
  • Price/SqFt: $129
  • Annual Tax Amount: $1,291
  • Tax Year: 2023
  • Directions: U.S. 75 NORTH. GET OFF ON AMES STREET HEADING WEST. MAKE A RIGHT ON 4OTH STREET.
  • Year Built: 1955
  • Stories: 1
  • Living Area: 1,085 SqFt
  • Lot Size: 0.11 Acres
  • MLS Number: 22511056
  • Office Name: Nebraska Realty
  • Office Phone: (402) 713-7025
  • Listing Agent: Christopher B. Butler

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: 4/28/2025, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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single story home with a chimney and a shingled roof

$140,000

4542 N 40th St

$1,663

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$61,200$1,291
2022$59,200$637
2021$30,100$644
2020$30,100$601
2019$28,000$518
2018$24,100$341
2017$15,800$251

History based on county public records data.

Nearby schools

3

Central Park Elementary School

Public District PK-5

0.3 mi

4904 N 42nd St

3

Skinner Magnet Center

Public Magnet KG-5

0.6 mi

4304 N 33rd St

3

Druid Hill Elementary School

Public District KG-5

0.9 mi

4020 N 30th 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 $25,238. The majority of Omaha, NE residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

64%
<35k
32%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
35%
Single, with Kids
14%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
33%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4542 N 40th St

The listing price of 4542 N 40th St property is $140,000.

The property 4542 N 40th St is a house located in Omaha, Nebraska, 68111.

Active Listing: 4542 N 40th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4542 N 40th St are: Central Park Elementary School (GreatSchools Rating 3/10), Skinner Magnet Center (GreatSchools Rating 3/10), Druid Hill Elementary School (GreatSchools Rating 3/10), McMillan Magnet Middle School (GreatSchools Rating 2/10), Monroe Middle School (GreatSchools Rating 3/10), King Science & Technology Center (GreatSchools Rating 1/10), Omaha North High School (GreatSchools Rating 1/10), Benson High School (GreatSchools Rating 1/10), Central High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $1,291 (source: MLS/based on county public records data).

The property at 4542 N 40th St has 2 bedrooms and 1 bathroom.

The property 4542 N 40th St is 1,085 SqFt (source: MLS/tax record).

The year of construction for 4542 N 40th St is 1955.

This home is located at 4542 N 40th St in Omaha, NE and zip code 68111 in the North Omaha neighborhood. This 1,085 square foot home, which was built in 1955, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $140,000.

In March 2025 more than 101 listings in Omaha, NE were sold above the asking price. During the same period more than 132 listings were sold at asking price, while more than 169 were sold below. Between February and March 2025, Omaha, NE real estate market has seen increase in the number of listings by 7.2%. While the average time on the market in March 2025 was 22 days, the median list price was $275,000.

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

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