4038 Hamilton Street, Omaha, NE 68131 (MLS # 22617964)
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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.
| LAST UPDATED | 6/25/2026 | TRACT | DENNETTS |
|---|---|---|---|
| YEAR BUILT | 1890 | COMMUNITY | Douglas |
| GARAGE SPACES | 1.0 | COUNTY | Douglas |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Walnut Hill |
|---|---|
| Jr. High School | Monroe |
| High School | Benson |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Douglas |
| BASEMENT | Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 2635 sq ft |
| LOT DIMENSIONS | 25 x 105.5 |
| PARKING | Detached |
| SEWER | Public Sewer |
| SUBDIVISION | DENNETTS |
| TAXES | 1317.62 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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