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1120 Park Avenue, Omaha, NE 68105

Omaha
Local realty services provided by:CENTURY 21 Century Real Estate
1120 Park Avenue,Omaha, NE 68105
$579,000
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  • 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

Park Ave 8 presents a rare opportunity to acquire a fully furnished, professionally managed 8-unit investment just 1.5 miles from UNMC/Nebraska Medicine in the Hanscom Park/Field Club area near I-480. Offered at approximately $72,375 per unit, the property features substantial completed improvements, including $397,434 in documented 2023 rehabilitation plus approximately $24,319 in later owner-reported updates to the roof, parking lot, driveway, plumbing, electrical, gas line, water heaters, fencing and coin laundry. Furnished units support mid- or short-term rental strategies. Additional features include 8+ off-street spaces on over 1/4 acre, front and rear access, basement shelter space and potential storage income. Seller financing is available to qualified purchasers with $300,000 down, balance amortized over 15 years, and a negotiable rate based on prevailing market conditions. See attached financials and repair history. POF or lender approval requested. Call agent for details.

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Home facts

  • Year built:1900
  • Listing ID #:22608438
  • Added:118 day(s) ago
  • Updated:July 28, 2026 at 02:38 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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