1416 O St, Omaha, NE, 68107
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Not New and NOT a Model
- Year built: 1920
Materials
- Foundation: Block
- Roof: Composition
- Construction materials: Masonite,Brick/Other,Asbestos
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator,Microwave,Washer,Dryer
Basement
- Has basement: Yes
- Basement: Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air,Window Unit(s)
Interior Area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Details
- Parcel number: 1628700000
Features
- Patio & porch: Porch,Patio,Covered Deck
- Fencing: Partial
Lot
- Lot size: 0.30 Acres
- Features: Over 1/4 up to 1/2 Acre
- Lot size dimensions: 100 x 130
Parking
- Total spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Strong Wind
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Nebraska Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance | $505 | $6,060 |
| Property Taxes | $550 | $6,600 |
| Electricity | $154 | $1,852 |
| Total | $3,231 | $38,772 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Price change | $425,000 |
| 2026-03-04 | Price change | $435,000 |
| 2025-12-08 | Listed for sale | $450,000 |
| 2025-11-24 | Pending sale | $450,000 |
| 2025-10-01 | Price change | $450,000 |
| 2025-09-19 | Price change | $465,000 |
| 2023-08-31 | Listed for sale | $425,000 |
| 2022-06-15 | Sold | $260,000 |
| 2022-05-04 | Pending sale | $250,000 |
| 2022-04-27 | Listed for sale | $250,000 |
| 2015-09-02 | Sold | $119,500 |
| 2015-08-20 | Pending sale | $119,500 |
| 2015-08-20 | Listed for sale | $119,500 |
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