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Sold for $297,000
  • $297,000

    618 N 40th St, Omaha, NE 68131

    6beds
    2,757sqft
    Multi Family
    Built in 1895
    -- sqft lot
    $315,300 Zestimate®
    $108/sqft
    $1,774 Estimated rent

    Home value

    $315,300

    $290,000 - $344,000

    $1,774/mo

    Zestimate® history
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    What's special

    Looking to start investing in real estate? Here's your rare opportunity for a turn-key short-term FULLY FURNISHED rental. 2.5 story multi family with tons of charm and character. 3 Units near UNMC, UNO, Creighton and the Blackstone neighborhood and with the right marketing you'll be up and running in no time. Unit #1 is a 2 bed, 1 bath. Unit #2 is a 3 bed, 1 bath, in-unit washer dryer. Unit #3 is a basement 1 bed, 1 bath with in-unit washer dryer and large windows. All units are updated, fully furnished and ready to get you started in the future of real estate investing. Great for short or mid term renting or potential long term furnished. Units are updated, AC new as of June 2024, exterior just repainted, NEW roof Sept 2024. 2 car parking pad, off-street parking and potential for more parking off alley. Rare opportunity to get started in short or mid term units without all of the start up costs. Just make it your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jerry Ahlvers 402-677-3020,

    Better Homes and Gardens R.E.,

    Raquel Ahlvers 402-301-7653,

    Better Homes and Gardens R.E.

    Bought with:

    Mackenzie Wiemers, 20200023

    Nebraska Realty

    Source: GPRMLS,MLS#: 22421855MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air, Window Unit(s), Other
    Appliances
    • Included: Range, Refrigerator, Microwave, Washer, Dryer
    • Laundry: Common Area
    Features
    • Basement: Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,757
    • Total interior livable area: 2,757 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    • Covered spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Porch
    • Fencing: Chain Link,Wood
    Lot
    • Size: 5,575 sqft
    • Dimensions: 50 x 111.50
    • Features: Up to 1/4 Acre., Alley
    Details
    • Parcel number: 2017640000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Brick/Mortar
    • Roof: Composition
    Condition
    • Not New and NOT a Model
    • New construction: No
    • Year built: 1895

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Omaha
    • Subdivision: Poppleton Park

    HOA & financial

    Other financial information
    • Total actual rent: 3500

    Other

    Other facts
    • Listing terms: Conventional,Cash,Seller Assistance,Other
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/15/2025Listing removed$2,750$1/sqft
    Source: Zillow Rentals Report a problem
    4/18/2025Price change$2,750-8.2%$1/sqft
    Source: Zillow Rentals Report a problem
    4/4/2025Price change$2,995-14.4%$1/sqft
    Source: Zillow Rentals Report a problem
    2/26/2025Listed for rent$3,500$1/sqft
    Source: Zillow Rentals Report a problem
    12/6/2024Sold$297,000-5.7%$108/sqft
    Source: GPRMLS #22421855 Report a problem
    11/5/2024Pending sale$315,000$114/sqft
    Source: GPRMLS #22421855 Report a problem
    10/11/2024Price change$315,000-6%$114/sqft
    Source: GPRMLS #22421855 Report a problem
    9/28/2024Price change$335,000+3.1%$122/sqft
    Source: GPRMLS #22421855 Report a problem
    9/5/2024Pending sale$325,000$118/sqft
    Source: GPRMLS #22421855 Report a problem
    8/26/2024Listed for sale$325,000-8.5%$118/sqft
    Source: GPRMLS #22421855 Report a problem
    8/25/2024Listing removed--
    Source: Owner Report a problem
    8/4/2024Price change$355,000-5.3%$129/sqft
    Source: Owner Report a problem
    7/10/2024Listed for sale$375,000+393.4%$136/sqft
    Source: Owner Report a problem
    10/3/2002Sold$76,000$28/sqft
    Source: GPRMLS #205604 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,498 +4.1%$149,400
    2024$2,399 -26.7%$149,400 -3.7%
    2023$3,274 -1.2%$155,200
    2022$3,313 +15.5%$155,200 +14.5%
    2021$2,868 -1.1%$135,500
    2020$2,901 -3.8%$135,500 -3.6%
    2019$3,017 -0.1%$140,500
    2018$3,021 +10.5%$140,500 +10.3%
    2017$2,734 $127,400
    2016$2,734 +1.4%$127,400
    2015$2,697 $127,400
    2014-- $127,400
    2013-- $127,400
    2012-- $127,400
    2011-- $127,400
    2009$2,614 $127,400
    2008-- $127,400 -4.4%
    2005-- $133,300 +77.7%
    2004-- $75,000

    Find assessor info on the county website

    Neighborhood: Joslyn Castle

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gifford Park
    • 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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    With Zillow Showcase(estimated)
    $321,606