2 months on rocket

1101 Bancroft St Unit 1-3, Omaha, NE, 68108

$259,998

Home List Price

$3,087*

Closing Credit

0 Baths
3,120 SqFt
$83/SqFt
Multi

Location

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1101 Bancroft St Unit 1-3, Omaha$259,998

Buyer Closing Credits

$3,087*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1900
HeatingElectric, Forced Air
CoolingWindow Unit(s)
BasementYes
MLS #22423232
StatusActive
(ACTIVE)

About 1101 Bancroft St Unit 1-3

Fantastic investment opportunity! This fully rented triplex brings in $995, $850, and $750 in rent, plus a $100 utility reimbursement from each tenant. Tenants pay their own electricity, and each unit features electric heat and window AC units. The property has seen over $96,000 in updates, including a complete rebuild of the bottom unit, three new electric furnaces installed in May 2023, new flooring and paint throughout in early 2022, $8,000 in electrical upgrades, and plumbing brought up to code. The exterior features a rebuilt retaining wall and new fencing. This turnkey property is a great addition to any portfolio! Sold as is, Cash.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 3,120 SqFt

Listing Office:

  • Office Name: Realty ONE Group Sterling
  • Office Phone: (402) 934-0074
  • Listing Agent: Ted Kaasch Jr

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Bancroft East till 11th. Parking on the South side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,998
  • Price Per SqFt: $83/SqFt
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Housing Market Comparison

See how this home compares to others in Omaha, NE.

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Omaha, NE

City

Med. Sold Price

$290K

Med. Price/SqFt

$155

Avg. Days On Market

19

# of Sold Homes

487

1101 Bancroft St Unit 1-3 vs Omaha

64 DAYS ON ROCKET

+45 Days

$259,998

-$30K Less

$83/SqFt

-$73 Less

KEY TAKEAWAY

This property is $30K less than the Median Sold Price and $73/SqFt less than other homes in Omaha, NE.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #22423232

Listing Office:

  • Office Name: Realty ONE Group Sterling
  • Office Phone: (402) 934-0074
  • Listing Agent: Ted Kaasch Jr

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-77215
2
/10

  • Bancroft Elementary School

  • 2724 Riverview Blvd

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-77216
3
/10

  • Castelar Elementary School

  • 2316 S 18th St

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-77217
1
/10

  • Spring Lake Elementary School

  • 4215 S 20th St

  • 1.24 miles

  • Public Magnet Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,607. Most Omaha, NE residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Nebraska›Douglas County›Omaha›68108›1101 Bancroft St Unit 1-3

This home is located at 1101 Bancroft St Unit 1-3 in Omaha, NE and zip code 68108 in the South Omaha neighborhood. This 3,120 square foot home was built in 1900. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $259,998.

In October 2024 more than 110 listings in Omaha, NE were sold above the asking price. During the same period more than 141 listings were sold at asking price, while more than 205 were sold below. The inventory of homes for sale in Omaha, NE between September 2024 and October 2024 increased by 5.2%. Listings spent 19 days on the market in October 2024, and had a median list price of $290,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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