Address
1010 N 40th Street, Omaha, NE
Price
$ 599,000
Property Attributes
- ID#22620838
- TypeMulti-Family
- Listing Status ACTIVE
- CountyDouglas
- CityOmaha
- AreaDouglas
- NeighborhoodWalnut Hill Rep. 111
- Zip68131
- Style
- Year Built1958
- Taxes$ 3385
- Price$ 599,000
- Bedrooms10
- Full Bathrooms5
- Half Bathrooms0
- Lot Size0.1722 Acres
Data Source:
Great Plains Regional MLS
Property Description
Nice brick 5-plex with garages. Two bedroom units. Tenants pay heat & electric plus reimburses Owner for water. Convenient location near mid-town. Room to increase rents.
| Elementary School | Middle School | High School |
|---|---|---|
| Walnut Hill Elementary School | Lewis and Clark Middle School | Benson High School |
| Price History | |
|---|---|
| 7/22/2026 | Listed $599,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Cooling | Window Unit(s) |
| Roof | Composition |
| Appliances | Dishwasher |
| Garage Spaces | 5 |
| Year Built | 1958 |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| County | Douglas |
| Net Operating Income | 33136 |
| Insurance Expense | 9431 |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | true |
| Maintenance Expense | 2100 |
| Subdivision Name | Walnut Hill Rep. 111 |
| Garage Y/N | true |
| Total Rooms | 20 |
| Full Baths | 5 |
| Status | ACTIVE |
| Directions | Dodge Street to 40th Street, turn north 10 blocks. Property is on the West side of the Street. |
| ModificationTimestamp | 2026-07-27T06:03:02.100Z |
| High School | Benson |
| City | Omaha |
| High School District | Omaha |
| Number Of Units Total | 5 |
| MLS Area | Douglas |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7500 |
| Carport Y/N | false |
| Elementary School | Walnut Hill |
| Tax Annual Amount | 3385 |
| Middle/Junior High School | Lewis and Clark |
| Property Condition | Not New and NOT a Model |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Omaha |
| Elementary School District | Omaha |
| Total Actual Rent | 4555 |
| Legal Description | Walnut Hill Rep. 111, Lot 1, Block 0 |
Interior Features
| Basement (Y/N) | true |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Total Bedrooms | 10 |
| LivingAreaSource | Assessor |
| Total Baths | 5 |
Exterior Features
| Exterior Amenities | None |
|---|---|
| Fencing | None |
| Lot Features | Up to 1/4 Acre. |
| Water Source | Public |
| Total Parking | 5 |
| Lot Size Area | 7500 |
| Foundation Details | Other |
| Lot Dimensions | 75 x 100 |
| Lot Size Acres | 0.1722 |
| Lot Size Source | Assessor |
| Covered Spaces | 5 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 68131
Price
Taxes
Year Built
This data is from various Participants of the Great Plains REALTORS® Multiple Listing Service Inc Internet Data Exchange; is 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; the listing broker is listed on each listing; the information is deemed reliable but not guaranteed, and is copyrighted ©2026 Great Plains REALTORS® Multiple Listing Service, Inc. Information is
