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Listing provided courtesy of Nebraska Realty- MLS# 22612540MLS Provider

1416 O StreetOmaha, NE 68107

Multi-Family · 6 Beds · 5 Full Baths · 2,500 Sq. ft. | 0.30 Acres
$415,000 ACTIVE

1416 O Street Overview

Time on Site:
54 days
Visits:
1

Check out this wonderful 5-Unit investment property which generates about $4,550/month in gross income. The main home has been converted into 4 Units (3 on the main floor and 1 on the second floor). Basement has additional storage, Utilities and Coin Laundry Machines. The 5th Unit is a separate cottage-style home behind the main house. The property sits on a large lot and has some additional parking spaces in front of the home. Property also has a storage shed. All units except #3 have been recently updated! Contact the listing agent or see the associated docs for additional information on financials.

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1416 O Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,500
  • Price/Sq.ft. $166
  • Lot 0.30 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Omaha
  • Elementary School: Gomez-Hertitage
  • Middle Or Junior School: Marrs
  • High School: South

Income/Expenses

  • Insurance Expense: 2950
  • Maintenance Expense: 3000
  • Net Operating Income: 37305

Building Information

  • New Construction: No
  • Year Built: 1920

Location/Region

  • Country: US
  • County Or Parish: Douglas
  • MLS Area Major: Douglas
  • Subdivision Name: Linwood Park

Tax Information

  • Tax Annual Amount: $4,409.22
  • Tax Year: 2025

General Information

  • Listing Terms: Conventional,Cash
  • Ownership: Fee Simple
  • Parcel Number: 1628700000
  • Property Condition: Not New and NOT a Model
  • Property Sub Type: Multi Family
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Total: 5
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2500
  • Building Area Units: Square Feet

General Information

  • Appliances: Range, Refrigerator, Microwave, Washer, Dryer
  • Fireplace: No
  • Foundation Details: Block
  • Living Area: 2500
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Rooms Total: 19

Exterior

Parking Information

  • Parking Features: Off Street
  • Parking Total: 3

Lot Information

  • Lot Features: Over 1/4 up to 1/2 Acre
  • Lot Size Acres: 0.2984
  • Lot Size Area: 13000
  • Lot Size Dimensions: 100 x 130
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 13000
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Masonite, Brick/Other, Asbestos
  • Patio And Porch Features: Porch, Patio, Covered Deck
  • Roof: Composition

General Information

  • Carport: No
  • Covered Spaces: 0
  • Fencing: Partial
  • Number Of Units Total: 5
  • Other Structures: Shed(s)
  • Sewer: Public Sewer

1416 O Street Neighborhood

Community

68107 (Omaha) Demographics

30
Median Age
4,298
Population Density (per sq. mile)
15%
College Educated
$48,971
Estimated Median Income
5,863
Estimated Total Home Owners
3,149
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1416 O Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1416 O Street Market Data

Based on the last 30 days in this zip code

$215,775
Average List Price
$133
Average Price per Square Foot
13
Properties Sold
64
Average Days on Market
47
Properties for Sale
Calculations provided by Reliance Network

1416 O Street History

Date Event Value Agent
6/17/2026Source: Great Plains MLS Price Reduction
$415,000 -2.4%
5/11/2026Source: Great Plains MLS Status Change
ACTIVE
5/7/2026Source: Great Plains MLS Added to Database
May 07, 2026