About This Home

This 6-bedroom, 2-bathroom residential multi family at 502 S 50th Street in Omaha, NE is listed for $450,000. Built in 1942, on a N/A lot.

Key Features

  • Built in 1942
  • 6 parking spaces

Property Details

2 full
6 spaces
1942

Amenities

A/C
Listing Description

Rare opportunity to own a fully renovated, purpose-built duplex in the Happy Hollow District. Located near UNMC, the Blackstone District, The Catalyst, Dundee & Memorial Park, this turn-key property is a compelling investment. Each fully-renovated unit features three bedrooms & one bathroom.

Hardwood floors extend through first & second floor. Kitchen offers white cabinetry, granite countertops, SS appliances, a stylish backsplash & bar seating for four. Upstairs are two spacious bedrooms & a remodeled full bathroom. The basement adds a third bedroom with an egress window, along with laundry area & storage space.

Major improvements include a new roof in 2021, a comprehensive 2023 exterior renovation with new LP siding, insulation, sheathing, gutters and paint, plus new HVAC systems in both units in 2024. The upper yard is fully fenced with concrete patio & storage shed, while driveway provides off-street parking for six. Both units fully furnished. Pre-inspected!

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

502 S 50th Street

Omaha, NE 68106

Lockwood Terrace

Features & Amenities

Exterior Features

Storage Shed

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 502 S 50th Street is listed at $450,000. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942, 6 parking spaces. Exterior Features: Storage Shed.

This property is listed by Ben Smail and can be reached at 4026601174.

BS

Ben Smail

Agent at Better Homes and Gardens R.E.

(402) 660-1174

Listed by Better Homes and Gardens R.E. · View on Broker Site

MLS# 22621081· Source: listhub· 1 day on market

Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

502 S 50th Street, Omaha, NE 68106

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