1120 Park Avenue, Omaha, NE 68105

Omaha
Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
1120 Park Avenue,Omaha, NE 68105
$579,000
  • 7 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ted kaasch, monica p. albers
Office: realty one group sterling
MLS#:22608438
Source:NE_OABR

Price summary

  • Price:$579,000

About this home

Repositioned at $579,000 Fully renovated, fully furnished Park Ave Eight — 8-unit multifamily investment property, 4 minutes -1.5 miles to UNMC/Nebraska Medicine. In Omaha’s historic Hanscom Park / Field Club area near Midtown, Downtown & I-480. This is a strong demand driver for furnished mid-term rental housing. 100% rented with current gross rents of $8,700/month; buyer to verify income, expenses, & lease terms. Professionally managed turnkey asset with each unit furnished for mid or short-term rental use. Rare for this area: large tenant parking lot with 10+ off-street spaces, sitting on over a 1/4-acre lot. Features include; new driveway & parking lot, updated roof, front/rear unit access, laundry facilities, basement shelter area & potential basement storage income. Rent Roll & T-17 available. Seller requests, serious buyers only please, POF or lender approval requested. Call Agent for details. $72,375 per door, 5.55 GRM, 18.03% gross rent-to-price ratio before expenses & debts

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Home facts

  • Year built:1900
  • Listing ID #:22608438
  • Added:51 day(s) ago
  • Updated:May 22, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:8
  • Full bathrooms:5
  • Rooms Total:6

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1900
  • Lot Features:Over 1/4 up to 1/2 Acre
  • Construction Materials:Stucco
  • Foundation Description:Brick/Mortar
  • Levels:3+ Stories

Schools

  • High school:Central
  • Middle school:Norris
  • Elementary school:Field Club

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$579,000
  • Tax amount:$6,798 (2025)

Features and amenities

  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:10
  • Parking description:No Garage

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