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4502 S 40 StreetOmaha, NE 68107

New
Open House

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Mallory Lyons
NP Dodge Real Estate
REALTOR®
402.515.2298
Connect With a Local Expert
2BEDROOMS 2TOTAL BATHS 1,786SQUARE FEET Active STATUS

Open House Saturday 8/22 11-1PM. PREINSPECTED!! Come and see this Diamond of South Omaha. This updated home has everything to offer. This 1.5 story offers a spacious upstairs to use to your hearts content. The large living room and enclosed porch will give you a place to unwind at the end of the day and relax on the weekend. The basement offers a 3rd nonconforming bedroom and an area perfect for a hobby shop, painting area, gaming room or whatever else you may want to do in your off time. The kitchen has updated counter tops and a gas range for those that know cooking with gas is the only way! The garage is a mechanics dream! It offers a lube/oil pit that is a rare amenity found in Omaha. Fenced in backyard and patio that will make you want to strike up the BBQ! Tucked perfectly inside the neighborhood but close by plenty of stores and shopping centers. 2020 Furnace and 2025 AC. Roof is only 7 years old. This home defines comfy and cozy. Call your agent today to set up a showing!

4502 S 40 Street | MLS# 22623991

This single family home located at 4502 S 40 Street, Omaha, NE 68107 is currently listed for sale with an asking price of $239,000. This property was built in 1920 and has 2 bedrooms with 1786 sq. ft. S 40 Street is located in the MOUNT DOUGLAS 1ST ADD subdivision within the Omaha school district. Search MOUNT DOUGLAS 1ST ADD real estate on mallorylyons.npdodge.com today.

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Open Houses

Date & Time
Saturday, August 22nd
11:00am-1:00pm

Details

Property Type
Residential - Single Family Residence
Status
New
MLS
22623991
Home Style
1.5 Story
Subdivision
MOUNT DOUGLAS 1ST ADD
County
Douglas
Garage Spaces
2
Year Built
1920
Original Price
$239,000
DIRECTIONS TO PROPERTY
East on I80 and get off at 42nd. Head south and turn onto east onto J street. head 2 blocks and turn right onto 40th.

Schools

School District
Omaha
Elementary
Ashland Park/Robbins
Middle / Junior
Norris
Senior / High
South

Exterior

Lot Dimensions
132 x 44
Garage Type
Detached
Fence
Chain Link

Interior

Basement
Yes
Basement
Partially Finished
Total SqFt
1,786
Main Floor SqFt
1,186
Total Below Grade Finished SqFt
600
Appliances Included
Oven, Refrigerator, Dishwasher, Disposal

Dimensions & Layout

Room
Dimensions (FT)
Level
Description
Primary Bedroom
Main Floor
Bedroom 2
2nd Floor
Laundry Room
Basement

Bathrooms

Level
Full
3/4
1/2
1/4
Rough-in
Total
Main Floor
Full: 1
3/4: 0
1/2: 0
1/4: 0
Rough-in: 0
Total: 1
Below Grade
Full: 0
3/4: 1
1/2: 0
1/4: 0
Rough-in: 0
Total: 1
All Levels
Total Full: 1
Total 3/4: 1
Total 1/2:
Total 1/4:
Total Rough-in:
Total: 2

Utilities

Cooling
Central Air
Heating
Natural Gas, Forced Air
Fuel Type
Gas
Water
Public, Private

Taxes & Fees

Tax Amount
$3, 171
Financing Terms
VA Loan, FHA, Conventional, Cash

Area Information

Omaha

Omaha, NE is a bustling city in the heart of the Midwest, offering a unique blend of urban amenities and Midwestern charm. Founded in 1854, it lies along the western banks of the Missouri River. As the largest city in Nebraska, Omaha is a vibrant economic hub with a diverse range of industries driving its growth. Home to several Fortune 500 companies, including Berkshire Hathaway and Mutual of Omaha, the city boasts a robust financial sector alongside a thriving healthcare industry, with institutions like the University of Nebraska Medical Center leading the way in medical research and innovation.

Culturally, Omaha is a haven for arts and entertainment enthusiasts. The historic Old Market District in downtown Omaha is a vibrant hub of activity, featuring art galleries, boutiques shops, and acclaimed restaurants. Museums like The Durham Museum and the Joslyn Art Museum showcase the city’s artistic and historical heritage, while the Steelhouse Omaha and the Omaha Performing Art Center host a variety of world-class performances throughout the year.

Sports fans also have plenty to cheer about in Omaha, with the city hosting events like the College World Series at the Charles Schwab Field Omaha, drawing baseball fans from around the country and is home to the Creighton Bluejays, member of NCAA Division I and Big East Conference. Additionally, Omaha’s parks and outdoor spaces, including the renowned Henry Doorly Zoo and Aquarium and the Heartland of America Park, provide ample opportunities for recreation and exploration.

With its strong economy, rich cultural scene, and welcoming community, Omaha offers something for everyone, making it an ideal destination to live, work and play.

If you are ready to start your home buying or selling journey, browse the latest real estate listings in Omaha, NE. You can also contact us—we are here to help!

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Demographics

Mortgage Calculator

ESTIMATED MONTHLY PRICE: $1,966.04
=
blank Principal Taxes INS / PMI Other Total
Monthly $1,435.11 $264.25 $266.68 $0.00 $1,966.04
Yearly $17,221.32 $3,171.00 $3,200.16 $0.00 $23,592.48
Total $516,639.60 $95,130.00 $65,036.68 $0.00 $676,806.28
Results from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

We have mortgage solutions for your homeownership aspirations. When you're ready to look or buy, or possibly refinance, I'll put my expertise to work and be with you every step of the journey.

Count on a personalized and seamless experience—all the way to closing. Start the pre-qualification process by using our easy online application!

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Loan Officer Image
Stephanie Reinhardt NMLS# 623803 Mortgage Loan Officer
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 08/22/2026. The listing information on this page last changed on 08/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/22/2026 12:20:45 AM EST) or Omaha MLS (last updated Sat 08/22/2026 12:17:31 AM EST) or SWIAOR MLS (last updated Sat 08/22/2026 12:04:35 AM EST). Real estate listings held by brokerage firms other than NP Dodge Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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