PENDING
$15K PRICE DROP
111 S 38th St Omaha, NE 68131
Midtown Omaha NeighborhoodEstimated payment $2,320/month
Total Views
12,744
4
Beds
2
Baths
2,852
Sq Ft
$123
Price per Sq Ft
Highlights
- No HOA
- Porch
- Forced Air Heating and Cooling System
About This Home
OPEN HOUSE 5/20 @ 11am - 1pm & 5/23 @ 11am - 1pm! Fall in love with this absolutely adorable 2.5-story building located in the heart of vibrant Midtown—just steps away from restaurants, shops, nightlife, and more! This unique property features three distinct units: a spacious 2 bed, 2 bath; a 1 bed, 1 bath; and a studio currently furnished for short-term rental use but easily convertible to a traditional lease. Each unit offers modern updates with stainless steel appliances, beautiful hardwood floors, in-unit laundry and an abundance of natural light. The property’s distinctive floor plans and classic architectural character make it a standout for both owner-occupants and investors alike. Ample off-street parking adds convenience to this already desirable package. Don't miss this rare opportunity to own a versatile, income-generating gem in one of Omaha’s most sought-after neighborhoods!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,841
Year Built
- Built in 1905
Lot Details
- 7,515 Sq Ft Lot
- Lot Dimensions are 45 x 167
- Chain Link Fence
Home Design
- Block Foundation
- Vinyl Siding
- Stone
Interior Spaces
- 2,852 Sq Ft Home
- Walk-Out Basement
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 7 Parking Spaces
- No Garage
Schools
- Gifford Park Elementary School
- Lewis And Clark Middle School
- Central High School
Additional Features
- Porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- 2,852 Sq Ft Building
- Jerome Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 1423560000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $5,258 | $249,200 | $32,600 | $216,600 |
| 2022 | $5,319 | $249,200 | $32,600 | $216,600 |
| 2021 | $4,443 | $209,900 | $32,600 | $177,300 |
| 2020 | $4,494 | $209,900 | $32,600 | $177,300 |
| 2019 | $4,380 | $204,000 | $13,100 | $190,900 |
| 2018 | $3,258 | $151,500 | $13,100 | $138,400 |
| 2017 | $3,274 | $151,500 | $13,100 | $138,400 |
| 2016 | $3,251 | $151,500 | $13,100 | $138,400 |
| 2015 | $3,207 | $151,500 | $13,100 | $138,400 |
| 2014 | $3,207 | $151,500 | $13,100 | $138,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | Price Changed | $350,000 | -4.1% | $123 / Sq Ft |
| 05/16/2025 05/16/25 | For Sale | $365,000 | 0.0% | $128 / Sq Ft |
| 04/08/2025 04/08/25 | Rented | $1,665 | 0.0% | -- |
| 02/24/2025 02/24/25 | For Rent | $1,665 | 0.0% | -- |
| 06/15/2018 06/15/18 | Sold | $210,000 | 0.0% | $84 / Sq Ft |
| 05/14/2018 05/14/18 | Pending | -- | -- | -- |
| 05/14/2018 05/14/18 | For Sale | $210,000 | +418.5% | $84 / Sq Ft |
| 12/07/2012 12/07/12 | Sold | $40,500 | -18.8% | $18 / Sq Ft |
| 11/16/2012 11/16/12 | Pending | -- | -- | -- |
| 11/16/2012 11/16/12 | For Sale | $49,900 | -- | $22 / Sq Ft |
Source: Great Plains Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $210,000 | None Available | |
| Special Warranty Deed | $41,000 | None Available | |
| Trustee Deed | $105,300 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Closed | $206,196 | FHA |
Source: Public Records
Similar Homes in Omaha, NE
Source: Great Plains Regional MLS
MLS Number: 22513187
APN: 2356-0000-14
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information is provided by Participants of the Great Plains Regional Multiple Listing Service Inc.
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