Contract Pending. Rare opportunity to own a fully renovated, purpose-built duplex in the Happy Hollow District. Located near UNMC, the Blackstone District, The Catalyst, Dundee & Memorial Park, this turn-key property is a compelling investment. Each fully-renovated unit features three bedrooms & one bathroom. Hardwood floors extend through first & second floor. Kitchen offers white cabinetry, granite countertops, SS appliances, a stylish backsplash & bar seating for four. Upstairs are two spacious bedrooms & a remodeled full bathroom. The basement adds a third bedroom with an egress window, along with laundry area & storage space. Major improvements include a new roof in 2021, a comprehensive 2023 exterior renovation with new LP siding, insulation, sheathing, gutters and paint, plus new HVAC systems in both units in 2024. The upper yard is fully fenced with concrete patio & storage shed, while driveway provides off-street parking for six. Both units fully furnished. Pre-inspected!
For sale
$450,000
502 S 50th St, Omaha, NE 68106
6beds
1,968sqft
Multi Family
Built in 1942
-- sqft lot
$439,500 Zestimate®
$229/sqft
$-- HOA
What's special
Storage shedSs appliancesGranite countertopsStylish backsplashKitchen offers white cabinetryBar seating for four
- 33 days |
- 1,202 |
- 73 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ben Smail 402-660-1174,
Better Homes and Gardens R.E.
Source: GPRMLS,MLS#: 22621081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,968
- Total interior livable area: 1,968 sqft
Property
Parking
- Total spaces: 6
- Covered spaces: 6
Features
- Levels: Two
- Fencing: Chain Link,Full
Lot
- Size: 7,588 Square Feet
- Dimensions: 138 x 55
- Features: Up to 1/4 Acre., Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: 1633490000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonite
- Foundation: Block
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lockwood Terrace
HOA
- Has HOA: No
Location
- Region: Omaha
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $286,600
- Annual tax amount: $4,792
- Date on market: 7/24/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
- Total actual rent: 0
Estimated market value
$439,500
$418,000 - $461,000
$1,947/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $450,000+12.5%$229/sqft |
Source:  GPRMLS #22621081 Report a problem | ||
| 10/19/2024 | Listing removed | $1,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2024 | Price change | $1,550-3.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/6/2024 | Listed for rent | $1,600-1.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2024 | Sold | $400,000-11.1%$203/sqft |
Source: GPRMLS #22413493 Report a problem | ||
| 6/10/2024 | Price change | $450,000-3.2%$229/sqft |
Source: GPRMLS #22413493 Report a problem | ||
| 5/31/2024 | Listed for sale | $465,000+173.5%$236/sqft |
Source: GPRMLS #22413493 Report a problem | ||
| 6/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/31/2023 | Listed for rent | $1,625+30%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/10/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/17/2021 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/25/2021 | Sold | $170,000$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,792 +106.4% | $286,600 +95.1% |
| 2024 | $2,321 -33.4% | $146,900 -11% |
| 2023 | $3,483 +1.7% | $165,100 +2.9% |
| 2022 | $3,426 +0.9% | $160,500 |
| 2021 | $3,397 -10.6% | $160,500 -9.5% |
| 2020 | $3,798 +5.4% | $177,400 +5.7% |
| 2019 | $3,603 -0.1% | $167,800 |
| 2018 | $3,608 +24.3% | $167,800 |
| 2017 | $2,903 | $167,800 +24% |
| 2016 | $2,903 +1.4% | $135,300 |
| 2015 | $2,864 | $135,300 |
| 2014 | -- | $135,300 |
| 2013 | -- | $135,300 |
| 2012 | -- | $135,300 |
| 2011 | -- | $135,300 |
| 2009 | $2,776 | $135,300 |
| 2008 | -- | $135,300 +10.3% |
| 2005 | -- | $122,700 +102.1% |
| 2004 | -- | $60,700 |
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: Dundee
Nearby schools
GreatSchools rating
- 4/10Washington Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 4/10Lewis & Clark Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Central High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Washington
- Middle: Lewis and Clark
- High: Central
- 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.
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