4640 Izard ST, Omaha, NE 68132
See all 15 photos
4640 Izard ST, Omaha, NE 68132
4640 Izard ST, Omaha, NE 68132
4640 Izard ST, Omaha, NE 68132
4640 Izard ST, Omaha, NE 68132
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Lila Dinnel, GRI

Lila Dinnel, GRI

+1(402) 709-1764
Listed by Marty Hosking Keller Williams Greater Omaha
$ 259,650
Est. payment /mo
Save
New

4640 Izard ST Omaha, NE 68132

7,501 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Walnut Hill

MLS Listing ID 22624863

HOA Y/N No

Year Built 1918

Annual Tax Amount $4,086

Lot Size 7,501 Sqft

Acres 0.1722

Lot Dimensions 50 x 150

Property Sub-Type Multi Family

Property Description

Showings start at open house 8/30 1-3pm. Turnkey 3-unit investment in Walnut Hill, steps from Dundee! Fully occupied 1918 triplex offered at $260,000 — just $86,667/door and only 6.4% over 2026 assessed value. In-place NOI delivers a 7.0% cap rate today, with a clear path to ~8.0% simply by bringing under-market Units 2 & 3 up to rent as leases turn. Recent capital work: two new garage doors, repaired exterior staircase footings, and a fully repaired common-entrance ceiling — nearly every 2022 code item now cured. Owner exposure limited to tax & insurance only; CAM/MUD is a tenant-paid surcharge. Bonus income potential: two rentable garage spaces plus shared laundry. Rear alley access, fresh landscaping, and a location minutes from UNMC's Saddle Creek Development, the $103M Saddle Creek Market redevelopment, Benson's entertainment district, and a direct run to Creighton/Eppley Airfield. Docs are in the menu and doc link at: https://listings.nextdoorphotos.com/4640izardstreet

Location

State NE

County Douglas

Area Douglas

Direction Cuming Street to 47th St - North on 47 - Quick right on Izard. Or coming from NW Radial from the north turn right at Izard St

Interior

Heating Natural Gas, Forced Air

Fireplaces Number No

Fireplace No

Exterior

Garage Spaces 2.0

Fence None

Garage Yes

Building

Foundation Block

Lot Size Range 0.1722

Sewer Public Sewer

Water Public

Schools

Elementary Schools Walnut Hill

Middle Schools Lewis And Clark

High Schools Benson

School District Omaha

Others

Ownership Fee Simple

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Lila Dinnel, GRI, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

4640 Izard ST