5120 Walnut St Omaha, NE 68106
Property details
About 5120 Walnut St
Great value add opportunity! Originally built as a mixed-use building with four offices on the garden level and 12 apartments above. This brick building features eight 2-bed and four 1-bed units, with an unfinished garden level ready for your vision! Garden level improvements will provide more income. Off Street parking and adjacent park! With some updates and creativity, you'll be proud of this property! Property sold AS-IS.
Highlights
(NEW)
Summary
- Basement: Yes
- Interior: None
- Attached Garage: No
- Parking: None
- Exterior: Deck/Balcony
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $720,000
- Price/SqFt: $156
- Annual Tax Amount: $11,603
- Tax Year: 2023
- Directions: Just east of Hyvee on 51st and Center Street.
- Year Built: 1966
- Living Area: 4,600 SqFt
- MLS Number: 22513489
- Office Name: P J Morgan Real Estate
- Office Phone: (402) 397-7775
- Listing Agent: Regi Powell
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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, 9:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$720,000
5120 Walnut St
$8,550
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $550,000 | $11,603 |
2022 | $550,000 | $9,543 |
2021 | $450,900 | $9,653 |
2020 | $450,900 | $9,682 |
2019 | $450,900 | $9,695 |
2018 | $450,900 | $9,070 |
2017 | $419,800 | $9,008 |
History based on county public records data.
Nearby schools
3
Beals Elementary School
Public District PK-6
0.4 mi
•1720 S 48th St
4
Belle Ryan Elementary School
Public District PK-6
0.5 mi
•5616 L St
3
Washington Elementary School
Public District PK-6
0.6 mi
•5519 Mayberry St
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 $71,903. The most common annual income of people living in Omaha, NE is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 5120 Walnut St in Omaha, NE and zip code 68106 in the Aksarben / Elmwood neighborhood. This 4,600 square foot home was built in 1966. Features: 0 bathroom. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $720,000.
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 inventory of homes for sale in Omaha, NE between March and April 2025 increased by 8.1%. Listings spent 22 days on the market in April 2025, and had a median list price of $295,000 during the same period.