Limited-time price reduction! This wooded property is walking distance to the Zoo, Lauritzen Gardens and 13th & I-80. This triplex has 1 occupied unit covering his own heating electric bill & a $100 utility reimbursement. The property has undergone over $96K in updates, including a complete rebuild, three new electric furnaces (May 2023), and $8K in electrical upgrades. Unit 2 requires plumbing work PVC-to-cast-iron pipe replacement per city code citations, rail, utility door. Read the attached Plumbing City Citation Doc's & City Pictures. The City allows new owner six months to bring property to rental compliance. Seller requests seasoned investors & agents with the understanding of City Citations. You don’t want to miss out on this income investment BRRRR opportunity. Pro-Forma-$3,600.00 Per Month. Add Pet Rent and Storage. Sold as-is. Investors know anything can be fixed with the exception of, LOCATION! Follow the money to the HOT 68108-South "O" Area. Will NOT LAST LONG!
Sold for $200,000 on 04/02/25
$200,000
1101 Bancroft St #1-2-3, Omaha, NE 68108
4beds
3,120sqft
Multi Family
Built in 1900
-- sqft lot
$203,700 Zestimate®
$64/sqft
$1,353 Estimated rent
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Home value
$203,700
$187,000 - $220,000
$1,353/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 03, 2025 at 03:39am
Listed by:
Mo Albers 402-609-9495,
Realty ONE Group Sterling,
Ted Kaasch 402-990-9976,
Realty ONE Group Sterling
Bought with:
Renae Lade, 20190716
Nebraska Realty
Source: GPRMLS,MLS#: 22501529
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
Heating
- Electric, Forced Air
Cooling
- Window Unit(s)
Features
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
Property
Parking
- Total spaces: 3
- Parking features: No Garage
- Covered spaces: 3
Features
- Fencing: Other
Lot
- Size: 8,886 sqft
- Dimensions: 132 x 67.33
- Features: Up to 1/4 Acre.
Details
- Parcel number: 2033720002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Omaha
- Subdivision: QUINNS ADD BLK 3
HOA & financial
Other financial information
- Total actual rent: 3395
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2025 | Sold | $200,000$64/sqft |
Source:  GPRMLS #22501529 | ||
| 4/1/2025 | Pending sale | $200,000-11.1%$64/sqft |
Source: GPRMLS #22501529 | ||
| 3/14/2025 | Listed for sale | $225,000$72/sqft |
Source: GPRMLS #22501529 | ||
| 3/4/2025 | Pending sale | $225,000$72/sqft |
Source: GPRMLS #22501529 | ||
| 1/15/2025 | Listed for sale | $225,000$72/sqft |
Source: GPRMLS #22501529 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Deer Park
Nearby schools
GreatSchools rating
- 5/10Bancroft Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10R M Marrs Magnet Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Omaha South Magnet High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Bancroft
- Middle: Norris
- 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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