1120 Park AVE, Omaha, NE 68105
1120 Park AVE, Omaha, NE 68105
1120 Park AVE, Omaha, NE 68105
1120 Park AVE, Omaha, NE 68105
1120 Park AVE, Omaha, NE 68105
1120 Park AVE, Omaha, NE 68105
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Listed by Ted Kaasch Realty ONE Group Sterling
$ 579,000
Est. payment | /mo

7 Beds

8 Baths

0.26 Acres Lot


$ 579,000
Est. payment | /mo

7 Beds

8 Baths

0.26 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Hanscom Park,Field Club

MLS Listing ID 22608438

Style Three Or More

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1900

Annual Tax Amount $6,798

Lot Size 0.258 Acres

Acres 0.2583

Lot Dimensions 150 x 75

Property Sub-Type Multi Family

Property Description

Park Ave 8 offers seller financing + low price per unit + major completed renovation + furnishings = Win! Priced at approx $72,375 per door. PA-8 is just 1.5 miles from UNMC/Nebraska Medicine in the Hanscom Park/Field Club area just off I-480. Annualized Jan-May 2026 NOI is approx. $43,033; buyer to verify. Capital investment includes $397,434 in documented 2023 rehab plus approx. $24,319 in later owner-reported, roof, parking lot/driveway, plumbing, electrical, gas-line, water-heater, fencing & coin laundry & more. Professionally managed and furnished mid- or short-term rentals. Rare 8+parking, over 1/4 acre, front/rear access, coin laundry, basement shelter and storage-income potential. Seller financing considered for qualified buyer: $300,000 down; balance amortized over 15 yrs at a negotiable rate based on prevailing market conditions. POF/lender approval required. See attached financials and repair history. Call for details.

Location

State NE

County Douglas

Area Douglas

Direction 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

Interior

Heating Natural Gas, Forced Air

Cooling Window Unit(s)

Fireplaces Number Yes

Fireplace Yes

Appliance Washer, Dryer

Laundry Laundry Facilities

Exterior

Parking Features No Garage

Fence None

Roof Type Composition

Garage No

Building

Foundation Brick/Mortar

Lot Size Range 0.2583

Sewer Public Sewer

Water Public

Architectural Style Three Or More

Level or Stories Three Or More

Schools

Elementary Schools Field Club

Middle Schools Norris

High Schools Central

School District Omaha

Others

Ownership Fee Simple

Virtual Tour https://media.autoreelapp.com/renders/ruywkz4ip9/out.mp4

NEARBY SCHOOLS & PROPERTIES
David Rasmussen, SRES

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(406) 253-8498

david.rasmussen@nebraskarealty.com

7321 Plaza Court #201, Lincoln, NE, 68516, USA

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1120 Park AVE