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New
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$259,650

For Sale

4 hours ago

4640 Izard St, Omaha, NE

House

MLS® 22624863

0 Bed

0 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $4,087
Days Active 0
Lot Size 0.1722 Acres
Approx. Age 1918
MLS® Number 22624863

Property Address: 4640 Izard St, Omaha, NE, 68132-2369

Average square foot calculated using Size range provided by listing agent.

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
MLS® Number22624863
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1918
BasementWalk-Out Access
Driveway
Garage Spaces
HeatNatural Gas, Forced Air
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 28, 2026List Date
$259,650List Price
  • Commute

Commute

Starting Address
Destination Address
4640 Izard St, Omaha, NE

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