Investors looking for that special gem- this corner lot gem is it! Located in South Omaha, this 2 story home is loaded with all the charm and craftsmanship of 1909. Large rooms, original woodwork and timeless floorpan make this home your perfect remodel. With 1008 SQFT. This is the home of your dreams just waiting for you to make it a reality. Come see all the potential it has to offer! Home is being sold as is. AMA ADDITIONAL PICTURES
For sale
$125,000
5101 S 40th St, Omaha, NE 68107
3beds
1,008sqft
Single Family Residence
Built in 1909
4,791 Square Feet Lot
$181,800 Zestimate®
$124/sqft
$-- HOA
What's special
Original woodworkCorner lotLarge rooms
- 3 days
- 564
- 27
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Martha Barrera 402-216-7986,
Nebraska Realty,
Yeily Barrera 531-222-6172,
Nebraska Realty
Source: GPRMLS,MLS#: 22629876
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Primary bathroom
- Features: Full
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Basement
- Area: 748
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Central Vacuum
- Flooring: Carpet, Concrete
- Basement: Walk-Up Access
- Has fireplace: No
Interior area
- Total structure area: 1,008
- Total interior livable area: 1,008 sqft
- Finished area above ground: 1,008
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One and One Half
- Patio & porch: Enclosed Porch
- Fencing: None
Lot
- Size: 4,791 Square Feet
- Dimensions: 120 x 40
- Features: Up to 1/4 Acre., City Lot, Subdivided, Public Sidewalk, Alley
Details
- Additional structures: Shed(s)
- Parcel number: 1630870000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Tile
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available, Sewer Available
Community & HOA
Community
- Subdivision: Lipton Place
HOA
- Has HOA: No
Location
- Region: Omaha
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $134,000
- Annual tax amount: $2,240
- Date on market: 10/16/2026
- Listing terms: Private Financing Available,Conventional,Cash
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$181,800
$165,000 - $196,000
$1,476/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $125,000-7.4%$124/sqft |
Source:  GPRMLS #22629876 Report a problem | ||
| 5/5/2023 | Sold | $135,000-6.7%$134/sqft |
Source: GPRMLS #22307672 Report a problem | ||
| 4/24/2023 | Pending sale | $144,711$144/sqft |
Source: GPRMLS #22307672 Report a problem | ||
| 4/17/2023 | Listed for sale | $144,711+31.6%$144/sqft |
Source: GPRMLS #22307672 Report a problem | ||
| 1/8/2021 | Listing removed | -- |
Source: NP Dodge Real Estate Report a problem | ||
| 1/5/2021 | Listed for sale | $110,000+84.9%$109/sqft |
Source: NP Dodge RE Sales Inc Co Bluff #22031062 Report a problem | ||
| 3/12/2010 | Sold | $59,500-14.9%$59/sqft |
Source: GPRMLS #21000689 Report a problem | ||
| 1/18/2010 | Listed for sale | $69,900+62.2%$69/sqft |
Source: CBSHOME #21000689 Report a problem | ||
| 7/17/2009 | Sold | $43,100$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,241 +10.3% | $134,000 +6.7% |
| 2024 | $2,031 -23.4% | $125,600 |
| 2023 | $2,650 +43.8% | $125,600 +45.5% |
| 2022 | $1,842 +0.9% | $86,300 |
| 2021 | $1,827 -2.8% | $86,300 -1.7% |
| 2020 | $1,880 -0.3% | $87,800 |
| 2019 | $1,885 +7.5% | $87,800 +7.6% |
| 2018 | $1,755 +36.3% | $81,600 +36% |
| 2017 | $1,287 | $60,000 |
| 2016 | $1,287 +1.4% | $60,000 |
| 2015 | $1,270 | $60,000 |
| 2014 | -- | $60,000 -16.7% |
| 2013 | -- | $72,000 |
| 2012 | -- | $72,000 |
| 2011 | -- | $72,000 |
| 2009 | $1,477 | $72,000 |
| 2008 | -- | $72,000 +46.3% |
| 2005 | -- | $49,200 +9.1% |
| 2004 | -- | $45,100 |
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: Wiercrest
Nearby schools
Schools provided by the listing agent
- Elementary: Gateway
- Middle: Bryan
- High: Bryan
- District: Omaha
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $150,0003 bd2 ba910 sqft1406 B St, Omaha, NE 68108For Sale
MLS ID #22629920, Jan Nicola, Nebraska Realty. GPRMLS - $135,0002 bd1 ba711 sqft1003 S 22nd St, Omaha, NE 68108For Sale
MLS ID #22629956, Alexandra Nilges, BHHS Ambassador Real Estate. GPRMLS - $134,9003 bd2 ba884 sqft2409 B St, Omaha, NE 68105For Sale
MLS ID #22628523, Blaine Villafuerte, Nebraska Realty. GPRMLS - $125,0003 bd1 ba1.1k sqft3328 N 40th St, Omaha, NE 68111For Sale
MLS ID #22629375, Tyler Trelles, BHHS Ambassador Real Estate. GPRMLS - $105,0002 bd1 ba828 sqft1811 Missouri Ave, Omaha, NE 68107For SaleMLS ID #22628084, Brett Haney, BHHS Ambassador Real Estate. GPRMLS
- $134,9002 bd1 ba616 sqft3046 S 19th St, Omaha, NE 68108For SaleMLS ID #22628714, Max Honaker, Max W Honaker Broker. GPRMLS
- $129,0002 bd1 ba808 sqft2701 Hickory St, Omaha, NE 68105For SaleMLS ID #22628381, Kevin Stocklin, NP Dodge RE Sales Inc 148Dodge. GPRMLS
- $124,9003 bd1 ba836 sqft3822 Decatur St, Omaha, NE 68111For SaleMLS ID #22626607, Greg Hanson, Trelora Realty, Inc. GPRMLS
- $129,0001 bd1 ba616 sqft3042 S 19th St, Omaha, NE 68108For SaleMLS ID #22628739, Max Honaker, Max W Honaker Broker. GPRMLS
- $145,0002 bd1 ba1k sqft7085 Franklin St, Omaha, NE 68104For SaleMLS ID #22629775, Ben Smail, Better Homes and Gardens R.E.. GPRMLS
- $134,0003 bd1 ba1.1k sqft4309 Decatur St, Omaha, NE 68111For SaleMLS ID #22621469, Levi Boyd, BHHS Ambassador Real Estate. GPRMLS
- $175,0003 bd1 ba1.2k sqft6242 S 36th Ave, Omaha, NE 68107For SaleMLS ID #22626037, Steve Scherich, BHHS Ambassador Real Estate. GPRMLS
- $158,0002 bd1 ba707 sqft6631 Franklin St, Omaha, NE 68104For SaleMLS ID #22629858, Crystal Parker, Keller Williams Greater Omaha. GPRMLS
- $130,0001 bd1 ba804 sqft105 N 31st Ave APT 801, Omaha, NE 68131For SaleMLS ID #22629890, Nic Wiens, BHHS Ambassador Real Estate. GPRMLS
- $175,0002 bd1 ba824 sqft5425 S 23rd St, Omaha, NE 68107For SaleMLS ID #22621964, Matt Rasmussen, Campbell Dana Living. GPRMLS
- $144,9002 bd2 ba1k sqft1444 S 16th St, Omaha, NE 68108For SaleMLS ID #22626927, Chase Collier, BHHS Ambassador Real Estate. GPRMLS
- $150,0002 bd1 ba804 sqft4101 Ohio St, Omaha, NE 68111For SaleMLS ID #22629181, Tiffany Hodge, BHHS Ambassador Real Estate. GPRMLS
- $174,9003 bd1 ba1.2k sqft2531 N 65th St, Omaha, NE 68104For SaleMLS ID #22629701, Greg Hanson, Trelora Realty, Inc. GPRMLS
- $125,0005 bd3 ba1.4k sqft4647 Izard St, Omaha, NE 68132For SaleMLS ID #22623510, Shawn Prouse, BHHS Ambassador Real Estate. GPRMLS
