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Listing provided courtesy of NP Dodge RE Sales Inc 86Dodge- MLS# 22614937MLS Provider

5051 S 40th StreetOmaha, NE 68107

Single Family · 4 Beds · 1 Full Bath · 1 Three Quarter Bath · 1,602 Sq. ft. | 0.34 Acres
$350,000 PENDING

5051 S 40th Street Overview

Time on Site:
32 days
Visits:
2

Tucked away on a quiet dead-end street, this truly one-of-a-kind property offers the perfect blend of privacy, charm, and space. Enjoy outdoor living at its finest with a wraparound covered porch and deck, plus an expansive patio complete with a fire pit-perfect for entertaining or relaxing evenings at home. Situated on a beautifully landscaped, park-like .34-acre lot, fully fenced for added seclusion and comfort. Inside, this 4-BR 2-BA home you will find thoughtful updates and features. An updated spacious eat in kitchen, living room with fireplace and dining area. Lower-level features ample family/rec room large laundry room and lots of storage. The massive oversized 32 x 40 ft garage includes a huge loft storage area, along with additional gravel parking area is a car lover's dream! This is your rare opportunity to own a private retreat with character, functionality, and exceptional outdoor living in a peaceful setting.

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5051 S 40th Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,602
  • Price/Sq.ft. $218
  • Lot 0.34 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Omaha
  • Elementary School: Indian Hill
  • Middle Or Junior School: Wilson
  • High School: Buena Vista

Building Information

  • New Construction: No
  • Year Built: 1900

Location/Region

  • Country: US
  • County Or Parish: Douglas
  • MLS Area Major: Douglas
  • Subdivision Name: Lipton Place

Tax Information

  • Tax Annual Amount: $3,640.22
  • Tax Year: 2025

General Information

  • Listing Terms: VA Loan,FHA,Conventional,Cash
  • Ownership: Fee Simple
  • Parcel Number: 1631020002
  • Property Condition: Not New and NOT a Model
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 3
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 1602
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Total: 1602
  • Building Area Units: Square Feet

General Information

  • Appliances: Range, Refrigerator, Washer, Dishwasher, Dryer, Disposal, Microwave
  • Fireplace Features: Living Room,Electric
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Wood
  • Foundation Details: Block
  • Interior Features: Ceiling Fan(s), Formal Dining Room
  • Laundry Features: Concrete Floor
  • Levels: One and One Half
  • Living Area: 1602
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Other Equipment: Sump Pump
  • Window Features: Window Covering

Exterior

Parking Information

  • Parking Features: Detached, Garage Door Opener
  • Parking Total: 3

Lot Information

  • Lot Features: Over 1/4 up to 1/2 Acre, City Lot
  • Lot Size Acres: 0.34
  • Lot Size Area: 15240
  • Lot Size Dimensions: Irregular 120 x 127
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 15240
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Cement Siding
  • Patio And Porch Features: Porch, Patio, Covered Deck, Deck
  • Property Attached: No
  • Roof: Composition

General Information

  • Carport: No
  • Covered Spaces: 3
  • Electric On Property: Yes
  • Fencing: Wood
  • Other Structures: Shed(s)
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Water Available,Sewer Available

5051 S 40th Street Neighborhood

Community

68107 (Omaha) Demographics

30
Median Age
4,298
Population Density (per sq. mile)
15%
College Educated
$48,971
Estimated Median Income
5,863
Estimated Total Home Owners
3,149
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5051 S 40th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5051 S 40th Street Market Data

Based on the last 30 days in this zip code

$215,775
Average List Price
$133
Average Price per Square Foot
13
Properties Sold
64
Average Days on Market
47
Properties for Sale
Calculations provided by Reliance Network

5051 S 40th Street History

Date Event Value Agent
6/2/2026Source: Great Plains MLS Status Change
PENDING
5/29/2026Source: Great Plains MLS Added to Database
May 29, 2026