Check out this wonderful 5-Unit investment property which generates about $4,550/month in gross income. The main home has been converted into 4 Units (3 on the main floor and 1 on the second floor). Basement has additional storage, Utilities and Coin Laundry Machines. The 5th Unit is a separate cottage-style home behind the main house. The property sits on a large lot and has some additional parking spaces in front of the home. Property also has a storage shed. All units except #3 have been recently updated! Contact the listing agent or see the associated docs for additional information on financials.
For sale
Price cut: $10K (8/19)
$390,000
1416 O St, Omaha, NE 68107
6beds
2,500sqft
Multi Family
Built in 1920
-- sqft lot
$384,600 Zestimate®
$156/sqft
$-- HOA
What's special
Large lotStorage shed
- 115 days
- 505
- 15
Zillow last checked:
Listing updated:
Listed by:
Chad Blythe 402-578-9822,
Nebraska Realty
Source: GPRMLS,MLS#: 22612540
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Range, Refrigerator, Microwave, Washer, Dryer
Features
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 3
- Covered spaces: 3
Features
- Patio & porch: Porch, Patio, Covered Deck
- Fencing: Partial
Lot
- Size: 0.3 Acres
- Dimensions: 100 x 130
- Features: Over 1/4 up to 1/2 Acre
Details
- Additional structures: Shed(s)
- Parcel number: 1628700000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonite, Brick/Other, Asbestos
- Foundation: Block
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Linwood Park
HOA
- Has HOA: No
Location
- Region: Omaha
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $263,700
- Annual tax amount: $4,409
- Date on market: 5/7/2026
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
- Total actual rent: 4505
Estimated market value
$384,600
$365,000 - $404,000
$1,162/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $390,000-2.5%$156/sqft |
Source:  GPRMLS #22612540 Report a problem | ||
| 8/2/2026 | Price change | $400,000-3.6%$160/sqft |
Source: GPRMLS #22612540 Report a problem | ||
| 6/17/2026 | Price change | $415,000-2.4%$166/sqft |
Source: GPRMLS #22612540 Report a problem | ||
| 5/7/2026 | Price change | $425,000-2.3%$170/sqft |
Source: GPRMLS #22612540 Report a problem | ||
| 3/4/2026 | Price change | $435,000-3.3%$174/sqft |
Source: GPRMLS #22602084 Report a problem | ||
| 12/8/2025 | Listed for sale | $450,000$180/sqft |
Source: GPRMLS #22526736 Report a problem | ||
| 11/24/2025 | Pending sale | $450,000$180/sqft |
Source: GPRMLS #22526736 Report a problem | ||
| 10/1/2025 | Price change | $450,000-3.2%$180/sqft |
Source: GPRMLS #22526736 Report a problem | ||
| 9/19/2025 | Price change | $465,000+9.4%$186/sqft |
Source: GPRMLS #22526736 Report a problem | ||
| 8/31/2023 | Listed for sale | $425,000+63.5%$170/sqft |
Source: GPRMLS #22320041 Report a problem | ||
| 6/15/2022 | Sold | $260,000+4%$104/sqft |
Source: GPRMLS #22209069 Report a problem | ||
| 5/4/2022 | Pending sale | $250,000$100/sqft |
Source: GPRMLS #22209069 Report a problem | ||
| 4/27/2022 | Listed for sale | $250,000+109.2%$100/sqft |
Source: GPRMLS #22209069 Report a problem | ||
| 9/2/2015 | Sold | $119,500$48/sqft |
Source: GPRMLS #21515697 Report a problem | ||
| 8/20/2015 | Pending sale | $119,500$48/sqft |
Source: BHHS Ambassador Real Estate #21515697 Report a problem | ||
| 8/20/2015 | Listed for sale | $119,500$48/sqft |
Source: BHHS Ambassador Real Estate #21515697 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,409 -1.3% | $263,700 |
| 2024 | $4,469 +8.7% | $263,700 +35.4% |
| 2023 | $4,110 +3.8% | $194,800 +5% |
| 2022 | $3,960 +0.9% | $185,500 |
| 2021 | $3,926 +12% | $185,500 +13.3% |
| 2020 | $3,505 +35.6% | $163,700 +36% |
| 2019 | $2,585 +0.6% | $120,400 +0.8% |
| 2018 | $2,569 +348.5% | $119,500 +307.8% |
| 2017 | $573 | $29,300 +9.7% |
| 2016 | $573 +1.4% | $26,700 |
| 2015 | $565 | $26,700 |
| 2014 | -- | $26,700 |
| 2013 | -- | $26,700 |
| 2012 | -- | $26,700 -80.4% |
| 2009 | $2,797 | $136,300 |
| 2008 | -- | $136,300 +23.9% |
| 2005 | -- | $110,000 +89% |
| 2004 | -- | $58,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Spring Lake
Nearby schools
Schools provided by the listing agent
- Elementary: Gomez-Hertitage
- Middle: Marrs
- High: South
- 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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