Investment opportunity with immediate income potential! This versatile property has been thoughtfully converted into a duplex, offering two separate living spaces ideal for investors or owner-occupants looking to offset their mortgage. The main level features 2 bedrooms, 1 bathroom, a spacious living room, and a functional kitchen across approximately 880 square feet of living space. The lower-level unit offers an additional 2 non-conforming bedrooms, 1 bathroom, living room, and kitchen with approximately 700 square feet, creating a flexible setup for rental income or multi-generational living. Both units are currently tenant-occupied on month-to-month leases, providing flexibility for a new owner. Whether you're looking to expand your investment portfolio, house hack by living in one unit while renting the other, or create a cash-flowing asset, this property offers numerous possibilities. Conveniently located near schools, parks, shopping, dining, and major commuter routes.
For sale
$200,000
4518 S 17th St, Omaha, NE 68107
2beds
1,580sqft
Single Family Residence
Built in 1890
4,791 Square Feet Lot
$196,300 Zestimate®
$127/sqft
$-- HOA
What's special
- 14 days |
- 218 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Iris Lobo 402-880-5572,
BHHS Ambassador Real Estate
Source: GPRMLS,MLS#: 22618539
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Laminate Flooring
- Level: Main
Bedroom 2
- Features: Laminate Flooring
- Level: Main
Kitchen
- Features: Laminate Flooring
- Level: Main
Living room
- Features: Laminate Flooring
- Level: Main
Basement
- Area: 880
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
Features
- 2nd Kitchen
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 1,580
- Total interior livable area: 1,580 sqft
- Finished area above ground: 880
- Finished area below ground: 700
Property
Features
- Patio & porch: Enclosed Porch
- Fencing: None
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 130
- Features: Up to 1/4 Acre., City Lot
Details
- Parcel number: 1755950000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available, Sewer Available
Community & HOA
Community
- Subdivision: Missouri Ave
HOA
- Has HOA: No
Location
- Region: Omaha
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $107,800
- Annual tax amount: $1,802
- Date on market: 7/1/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$196,300
$186,000 - $206,000
$1,368/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $200,000+194.1%$127/sqft |
Source:  GPRMLS #22618539 Report a problem | ||
| 8/21/2020 | Sold | $68,000-71.7%$43/sqft |
Source: Public Record Report a problem | ||
| 6/4/2013 | Sold | $240,000$152/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,802 -3.1% | $107,800 |
| 2024 | $1,861 +29.3% | $107,800 +58.1% |
| 2023 | $1,439 +0.9% | $68,200 +2.1% |
| 2022 | $1,426 +16.8% | $66,800 +15.8% |
| 2021 | $1,221 -15.2% | $57,700 -14.3% |
| 2020 | $1,441 +26.4% | $67,300 +26.7% |
| 2019 | $1,140 +23.3% | $53,100 +23.5% |
| 2018 | $925 +0.2% | $43,000 |
| 2017 | $923 | $43,000 |
| 2016 | $923 +1.4% | $43,000 |
| 2015 | $910 | $43,000 |
| 2014 | -- | $43,000 |
| 2013 | -- | $43,000 |
| 2012 | -- | $43,000 |
| 2011 | -- | $43,000 -8.3% |
| 2009 | $962 | $46,900 |
| 2008 | -- | $46,900 -10.7% |
| 2005 | -- | $52,500 |
| 2004 | -- | $52,500 |
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
GreatSchools rating
- 5/10Gomez Heritage Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10R M Marrs Magnet Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Omaha South Magnet High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Spring Lake
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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