$720,000

5120 Walnut St Omaha, NE 68106

$8,550
Closing credit¹
4,600 sqft
$157 / sqft
Multi-Family

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

Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
(NEW)
CoolingCentral Air
Size4,600 sqft
BasementYes
Year built1966
MLS #22513489

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

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, 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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5120 Walnut St, Omaha, NE 68106 - view of building exterior featuring covered parking

$720,000

5120 Walnut St

$8,550

closing credit¹

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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$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.

All data from GreatSchools

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.

How much money do the neighbors make?

15%
<35k
60%
35k-100k
23%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

54%
Single, No Kids
10%
Single, with Kids
24%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
32%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Mexican League SoccerMexican League Soccer
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Books-a-MillionBooks-a-Million
  • Chico'sChico's

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • Church's ChickenChurch's Chicken
  • Bob EvansBob Evans

What do the neighbors drive?

  • HyundaiHyundai
  • ToyotaToyota
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Adult HitsAdult Hits
  • NewsNews
All data provided by Home Junction and Claritas

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.

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

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