Sold

1320 N 40 Street

1320 N 40 Street, Omaha, NE 68131

$197,500

5 Beds · 3 Baths · 1,869 Sq.Ft. · 5,760 Sq.Ft. lot

Sold October 3, 2025

Contact Lisa

Unique Live-Work or Investment Opportunity in Growing Walnut Hill Don't miss this rare chance to own a versatile, mixed-use property in the heart of Walnut Hill. This unique 5-bedroom, 2-bath, 1.5-story home has 1869 SF and attached commercial storefront 1097 SF zoned General Commercial, offering a wide range of possibilities for both owner-occupiers and investors. The property is ideally suited for a live/work setup, small business owner, or creative professional seeking a flexible space. 4 off-street parking spaces on the west side of the house a functional layout high-visibility location with growing foot traffic and community investment.*General Commercial Zoning- Cash or commercial financing only"

5

beds

3

baths

1,869 Sq.Ft. LIVING AREA

5,760 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms3
  • full bathrooms2

Area & Lot

  • Status Sold
  • Date Sold October 3, 2025
  • Living Area1,869 Sq.Ft.
  • Total Area1,869 Sq.Ft.
  • Lot Area5,760 Sq.Ft.
  • MLS® ID22513853
  • TypeResidential
  • YEAR BUILT1890
  • NeighborhoodPottawattamie County, Iowa
  • Elementary SchoolWalnut Hill
  • Middle SchoolLewis and Clark
  • High SchoolBenson
  • School DistrictOmaha

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesElectricity Available, Natural Gas Available, Water Available, Sewer Available
  • roofComposition
  • lot featuresUp to 1/4 Acre, City Lot, Public Sidewalk
  • parkingNo Garage, Extra Parking Slab
  • HEAT TYPENatural Gas, Forced Air
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureBlock, Brick/Mortar

Financial

  • Sales Price$197,500
  • Real Estate Tax $1,245/yr

Pottawattamie County, Iowa

Its proximity to Omaha provides easy access to urban amenities while retaining a strong sense of Iowa’s natural charm, making it a vibrant, family-friendly area.

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Whether you’re buying or selling, my focus is on delivering exceptional service and guiding you through every step. With a sharp eye for staging and spotting potential, I’m here to help you get the most out of your home and make the process as smooth as possible.