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"
Sold for $197,500 on 10/03/25
$197,500
1320 N 40th St, Omaha, NE 68131
5beds
1,869sqft
Single Family Residence
Built in 1890
5,749.92 Square Feet Lot
$197,600 Zestimate®
$106/sqft
$2,375 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 07, 2025 at 12:04pm
Listed by:
Lisa Marie Pringle 402-660-9078,
Better Homes and Gardens R.E.
Bought with:
Chelsea Karlgaard, 20230013
BHHS Ambassador Real Estate
Source: GPRMLS,MLS#: 22513853

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Features: Wall/Wall Carpeting, Window Covering, Cath./Vaulted Ceiling
- Level: Second
- Area: 225.9
- Dimensions: 15.03 x 15.03
Bedroom 1
- Features: Window Covering, 9'+ Ceiling, Luxury Vinyl Plank
- Level: Main
- Area: 111.01
- Dimensions: 11.09 x 10.01
Bedroom 2
- Features: Window Covering, 9'+ Ceiling, Luxury Vinyl Plank
- Level: Main
- Area: 150.25
- Dimensions: 15.01 x 10.01
Bedroom 3
- Features: Wall/Wall Carpeting, Window Covering, Cath./Vaulted Ceiling
- Level: Second
- Area: 99.63
- Dimensions: 11.07 x 9
Bedroom 4
- Features: Wall/Wall Carpeting, Window Covering, Cath./Vaulted Ceiling
- Level: Second
- Area: 150.7
- Dimensions: 15.01 x 10.04
Kitchen
- Features: Window Covering, 9'+ Ceiling, Luxury Vinyl Plank, Exterior Door
- Level: Main
- Area: 132.72
- Dimensions: 12 x 11.06
Living room
- Features: Window Covering, 9'+ Ceiling, Luxury Vinyl Plank
- Level: Main
- Area: 225.15
- Dimensions: 15.01 x 15
Basement
- Area: 1337
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Windows: Window Coverings
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,869
- Total interior livable area: 1,869 sqft
- Finished area above ground: 1,869
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage, Extra Parking Slab
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Patio & porch: Porch
- Fencing: Wood,Full
Lot
- Size: 5,749 sqft
- Dimensions: 48 x 120
- Features: Up to 1/4 Acre., City Lot, Public Sidewalk
Details
- Parcel number: 2203350000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Block, Brick/Mortar
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available, Sewer Available
Community & neighborhood
Location
- Region: Omaha
- Subdivision: Shaws
Other
Other facts
- Listing terms: Cash,Other
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$197,600
2% more+$3,952
With Zillow Showcase(estimated)$201,552