For Sale

Listed by Ted Kaasch from Realty ONE Group Sterling | Omaha

Source: Great Plains Regional MLS #22608438

1120 Park Avenue, Omaha, NE, 68105

$579,000

7
5
0.26 ac.

MultiFam

30+ days on the market

What's around 1120 Park Avenue

About this property

Park Ave 8 offers seller financing + low price per unit + major completed renovation + furnishings = Win! Priced at approx $72,375 per door. PA-8 is just 1.5 miles from UNMC/Nebraska Medicine in the Hanscom Park/Field Club area just off I-480. Annualized Jan-May 2026 NOI is approx. $43,033; buyer to verify. Capital investment includes $397,434 in documented 2023 rehab plus approx. $24,319 in later owner-reported, roof, parking lot/driveway, plumbing, electrical, gas-line, water-heater, fencing & coin laundry & more. Professionally managed and furnished mid- or short-term rentals. Rare 8+parking, over 1/4 acre, front/rear access, coin laundry, basement shelter and storage-income potential. Seller financing considered for qualified buyer: $300,000 down; balance amortized over 15 yrs at a negotiable rate based on prevailing market conditions. POF/lender approval required. See attached financials and repair history. Call for details.

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