Contract Pending. On the market for back up offers. Investor Alert! This Conversion Duplex is an excellent opportunity to add to your rental portfolio. The duplex features 2-bedroom, 1 bath units. Both units are tenant occupied with current yearly leases in place. Unit 1 has a lease through 10/31/2026. Unit 2 has a lease through 6/1/2026. Great investment opportunity with rental income. Both units have access to a dedicated shared laundry area in the basement. This property features a newer driveway (2020). The downstairs unit features a cozy fireplace. Both units include central heating and comes equipped with window units for cooling-these will convey with the sale. Both units have their own seperate entrances.
Sold for $202,551
$202,551
1112 N 40th St, Omaha, NE 68131
4beds
1,808sqft
Duplex
Built in 1895
-- sqft lot
$204,900 Zestimate®
$112/sqft
$1,562 Estimated rent
Home value
$204,900
$191,000 - $221,000
$1,562/mo
Zestimate® history
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$1,470/mo
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Window units for coolingCentral heating
Zillow last checked:
Listing updated:
Listed by:
Chloe Daeges 402-764-0825,
Better Homes and Gardens R.E.
Bought with:
Ken Bartholomew, 20220786
BHHS Ambassador Real Estate
Jennifer Torczon, 20130554
BHHS Ambassador Real Estate
Source: GPRMLS,MLS#: 22531945
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
Basement
- Area: 1058
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 1,808
- Total interior livable area: 1,808 sqft
- Finished area above ground: 1,808
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Patio & porch: Porch
- Exterior features: Separate Entrance
- Fencing: None
Lot
- Size: 3,920 sqft
- Dimensions: 40 x 100 lot
- Features: Up to 1/4 Acre.
Details
- Parcel number: 240680001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Foundation: Block
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Omaha
- Subdivision: Walnut Hill
Other
Other facts
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $202,551-3.1%$112/sqft |
Source:  GPRMLS #22531945 Report a problem | ||
| 1/12/2026 | Pending sale | $209,000$116/sqft |
Source: GPRMLS #22531945 Report a problem | ||
| 12/2/2025 | Price change | $209,000-2.8%$116/sqft |
Source: GPRMLS #22531945 Report a problem | ||
| 11/6/2025 | Listed for sale | $215,000+22.9%$119/sqft |
Source: GPRMLS #22531945 Report a problem | ||
| 9/9/2025 | Listing removed | $850 |
Source: Zillow Rentals Report a problem | ||
| 8/15/2025 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
| 7/25/2025 | Listing removed | $850 |
Source: Zillow Rentals Report a problem | ||
| 7/21/2025 | Listed for rent | $850+6.3% |
Source: Zillow Rentals Report a problem | ||
| 5/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/28/2024 | Price change | $800-11.1% |
Source: Zillow Rentals Report a problem | ||
| 3/29/2024 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 6/21/2019 | Sold | $175,000$97/sqft |
Source: GPRMLS #21906842 Report a problem | ||
| 5/17/2019 | Price change | $175,000-5.4%$97/sqft |
Source: DVG Realty LLC #21906842 Report a problem | ||
| 5/3/2019 | Price change | $185,000-2.6%$102/sqft |
Source: DVG Realty LLC #21906842 Report a problem | ||
| 4/20/2019 | Listed for sale | $190,000+100%$105/sqft |
Source: DVG Realty LLC #21906842 Report a problem | ||
| 9/6/2018 | Sold | $95,000-13.6%$53/sqft |
Source: Agent Provided Report a problem | ||
| 7/27/2018 | Listed for sale | $110,000+61.8%$61/sqft |
Source: Liberty Core Real Estate #21813635 Report a problem | ||
| 7/7/2003 | Sold | $68,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,632 +2% | $157,400 |
| 2024 | $2,580 -16.1% | $157,400 +8% |
| 2023 | $3,074 -1.2% | $145,700 |
| 2022 | $3,110 +0.9% | $145,700 |
| 2021 | $3,084 +45.6% | $145,700 +47.3% |
| 2020 | $2,117 -0.3% | $98,900 |
| 2019 | $2,124 -0.1% | $98,900 |
| 2018 | $2,127 +54.1% | $98,900 +53.8% |
| 2017 | $1,380 | $64,300 |
| 2016 | $1,380 +1.4% | $64,300 |
| 2015 | $1,361 | $64,300 |
| 2014 | -- | $64,300 |
| 2013 | -- | $64,300 |
| 2012 | -- | $64,300 |
| 2011 | -- | $64,300 -16.7% |
| 2009 | $1,584 | $77,200 |
| 2008 | -- | $77,200 +86.9% |
| 2005 | -- | $41,300 |
| 2004 | -- | $41,300 |
Find assessor info on the county website
Neighborhood: Walnut Hill
Nearby schools
GreatSchools rating
- 3/10Walnut Hill Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Lewis & Clark Middle SchoolGrades: 6-8Distance: 2.6 mi
- 1/10Benson Magnet High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Walnut Hill
- Middle: Lewis and Clark
- High: Benson
- District: Omaha
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Nebraska
- Douglas County
- Omaha
- 68131
- Walnut Hill
- 1112 N 40th St
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