4038 Hamilton Street, Omaha, NE 68131
DENNETTS · Douglas County
Key Facts
Description
Flexible three-unit building in Omaha, full of potential at $190,000. A rare value-add or owner-occupant opportunity with three distinct spaces: a vacant 2BR/1BA apartment, a versatile vacant studio with its own full kitchen and bath, ideal for a small business, live/work, or rental, and an occupied oversized 1BR/1BA with a full dining area and bonus room, leased at $800/mo. Full basement adds 1,300+ sq ft of storage, plus an attached garage. Live in one and lease the rest, run a business from the flex space while the apartments help offset costs, or lease up all three for full upside. Owner-paid utilities on shared systems leave room to separate and boost returns. Loads of 1890 character with solid bones and room to grow. Sold as-is. Buyer to verify measurements, square footage, permitted uses, zoning, and financing.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1890
Living Area
2,055 sq ft
Lot Size
0.06 acres
Lot Dimensions
25 x 105.5
Garage Spaces
1
Parking Spaces
2
Ownership
Fee Simple
MLS® Listing#
22617964
Property Features
Cooling
Heating
Parking
Fencing
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- Walnut Hill
- Middle:
- Monroe
- High:
- Benson
Financial Details
HOA
None
Annual Taxes
$1,318
Tax year 2025
Parcel Number
0922310000
Directions
Dodge St to 40th, North to Hamilton, West to property.
Affordability Calculator
$38,000
Estimated monthly payment
$1,011/mo
Principal $152,000 · Est. interest $212,054 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Omaha, NE
- $338,078
- Median Listing Price
- 26
- Median Days on Market
- 1,911
- Median Sq Ft
- $172
- Median Price / Sq Ft
- 1,147
- Active Listings
- This home’s price is 44% below the area median.
- Its price per sq ft is 46% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Omaha, NE.
Location
Points of Interest in Omaha, NE
Showing the Omaha area map.
Nearby Schools
Walnut Hill Elementary School
Elementary · 0.3 mi away
Franklin Elementary School
Elementary · 0.5 mi away
Career Center
Secondary · 0.8 mi away
Omaha Public Schools Virtual School
Secondary · 0.8 mi away
Omaha Public Schools
Secondary · 0.8 mi away
Gifford Park Elementary School
Elementary · 0.9 mi away
King Elementary School
Elementary · 1.0 mi away
Holy Name School
Secondary · 1.0 mi away
Yates Elementary School
Secondary · 1.0 mi away
Omaha Street School
Secondary · 1.0 mi away
Parrish Alternative School
School · 1.1 mi away
Harrison Elementary School
Elementary · 1.2 mi away
Dundee Elementary School
Elementary · 1.2 mi away
Accelere Program
Secondary · 1.2 mi away
Blackburn Alternative Program
Secondary · 1.2 mi away
Kennedy Elementary School
Elementary · 1.3 mi away
Benson High School
Secondary · 1.4 mi away
Brownell Talbot College Preparatory School
Secondary School · 1.4 mi away
Monroe Middle School
Secondary · 1.5 mi away
Jackson Elementary School
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2414 Larimore Avenue, Omaha, NE | $135,000 | 2 | 1 | 856 |
| 5508 Fontenelle Boulevard, Omaha, NE | $135,000 | 2 | 1 | 1,025 |
| 4309 Decatur Street, Omaha, NE | $139,000 | 3 | 1 | 1,176 |
| 8941 Miami Street 32, Omaha, NE | $139,999 | 2 | 1 | 782 |
| 6620 Seward Street, Omaha, NE | $140,000 | 3 | 1 | 984 |
| 4918 N 63rd Street, Omaha, NE | $144,900 | 3 | 1 | 1,440 |
Moving Cost Estimate
EXIT Agents in Omaha
Listing Courtesy: Better Homes and Gardens R.E. - 4029325989
Presented by: Madison Barry