For sale

$239,000

4502 S 40th St, Omaha, NE 68107

2beds

1,786sqft

$1,726/mo

Get pre-qualified

Single Family Residence

Built in 1920

5,662 Square Feet Lot

$235,200 Zestimate^®

$134/sqft

$-- HOA

What's special

Fenced in backyardSpacious upstairsEnclosed porchGas range

Open House Saturday 8/29 12-2PM. PREINSPECTED!! Come and see this Diamond of South Omaha. This updated home has everything to offer. This 1.5 story offers a spacious upstairs to use to your hearts content. The large living room and enclosed porch will give you a place to unwind at the end of the day and relax on the weekend. The basement offers a 3rd nonconforming bedroom and an area perfect for a hobby shop, painting area, gaming room or whatever else you may want to do in your off time. The kitchen has updated counter tops and a gas range for those that know cooking with gas is the only way! The garage is a mechanics dream! It offers a lube/oil pit that is a rare amenity found in Omaha. Fenced in backyard and patio that will make you want to strike up the BBQ! Tucked perfectly inside the neighborhood but close by plenty of stores and shopping centers. 2020 Furnace and 2025 AC. Roof is only 7 years old. This home defines comfy and cozy. Call your agent today to set up a showing!

5 days

342

22

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Level: Main

Bedroom 2

Level: Second

Basement

Area: 600

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Oven, Refrigerator, Dishwasher, Disposal

Features

Basement: Partially Finished
Has fireplace: No

Interior area

Total structure area: 1,786
Total interior livable area: 1,786 sqft
Finished area above ground: 1,186
Finished area below ground: 600

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: One and One Half
Patio & porch: Patio, Enclosed Porch, Covered Patio
Fencing: Chain Link

Lot

Size: 5,662 Square Feet
Dimensions: 132 x 44
Features: Up to 1/4 Acre.

Details

Parcel number: 1820780000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Block

Condition

Not New and NOT a Model
New construction: No
Year built: 1920

Utilities & green energy

Water: Public, Private

Community & HOA

Community

Subdivision: MOUNT DOUGLAS 1ST ADD

HOA

Has HOA: No

Location

Region: Omaha

Financial & listing details

Price per square foot: $134/sqft
Tax assessed value: $189,700
Annual tax amount: $3,171
Date on market: 8/21/2026
Listing terms: VA Loan,FHA,Conventional,Cash
Ownership: Fee Simple

Estimated market value

$235,200

$223,000 - $247,000

$1,861/mo

Price history

Date	Event	Price
8/21/2026	Listed for sale	$239,000+97.6%$134/sqft
Source: GPRMLS #22623991 Report a problem
7/20/2017	Sold	$120,950-8.7%$68/sqft
Source: GPRMLS #21705995 Report a problem
5/30/2017	Price change	$132,500-1.9%$74/sqft
Source: BHHS Ambassador Real Estate #21705995 Report a problem
4/10/2017	Listed for sale	$135,000+35%$76/sqft
Source: BHHS Ambassador Real Estate #21705995 Report a problem
9/15/2009	Sold	$100,000-8.7%$56/sqft
Source: GPRMLS #20912774 Report a problem
7/25/2009	Listed for sale	$109,500$61/sqft
Source: Visual Tour #20912774 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,172 -0.3%	$189,700
2024	$3,181 -0.5%	$189,700 +25.2%
2023	$3,196 +0.8%	$151,500 +2%
2022	$3,172 +20.8%	$148,600 +19.7%
2021	$2,627 -1.1%	$124,100
2020	$2,657 +16.6%	$124,100 +17%
2019	$2,278 +2.9%	$106,100 +3%
2018	$2,215 +26%	$103,000 +25.8%
2017	$1,757	$81,900
2016	$1,757 +1.4%	$81,900
2015	$1,734	$81,900
2014	--	$81,900 -17.3%
2013	--	$99,000
2012	--	$99,000
2011	--	$99,000 +5.1%
2009	$1,933	$94,200
2008	--	$94,200 +65.8%
2005	--	$56,800 +8.8%
2004	--	$52,200