Full of timeless charm in the Aksarben area, this 1941 home beautifully blends original character with modern updates. Gorgeous wood floors span the main level, adding warmth and classic appeal. Enjoy peace of mind with vinyl siding and a brand-new roof installed in 2026. The spacious, level backyard is perfect for entertaining, gardening, or relaxing, complete with a patio for outdoor gatherings. Downstairs, you'll find a large recreation room that offers flexible living space, PLUS abundant storage to keep everything organized. Ideally located near UNO, UNMC, restaurants, shopping, parks and local amenities, this home delivers the perfect combination of location and opportunities. Whether you are looking for a primary residence or an investment opportunity, this property offers a combination of location, space, and value. This charming home is ready for its next chapter! Seller paid home warranty included!
Aksarben-Elmwood Park, located between Elmwood Park and the University of Nebraska at Omaha, is a residential and mixed-use Omaha neighborhood with leafy parkland and a walkable entertainment district. The neighborhood’s character concentrates around 67th Street and Center Street at Aksarben Village, where patios, coffee counters, and small storefronts line the sidewalks. Film Streams at Ruth Sokolof Theater, Inner Rail Food Hall, and Stinson Park act as local pillars for screenings, casual dining, and outdoor gatherings. Early-20th-century houses sit on shaded streets near Elmwood Park’s trails and lagoon. Newer apartments and offices cluster closer to the Aksarben core. The setting links campus energy with long park edges and bike-friendly routes.
Provided by Walk Score and Local Logic
Market insights
5116 Rees St · $185,000
DAYS ON MARKET
3 days
The average home goes pending in 14 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
LIST PRICE
$185,000
Median sale price in this area is $339,099. (83% higher than this home)
PRICE DROP
0 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Partially finished basement
Vinyl flooring in rec room
No fireplace
Bedrooms
Primary bedroom on the main floor with wood flooring (approx. 13 x 8.6)
Second bedroom on the main floor with wood flooring (approx. 9.1 x 8.1)
Bathrooms
One full bathroom on the main floor
Kitchen
Range
Refrigerator
Disposal
Microwave
Laundry & utility
Washer
Dryer
Flooring
Wood floors in living room and bedrooms
Vinyl floors in kitchen and rec room
Heating & cooling
Electric forced-air heating
Central air conditioning
Exterior features
Porch
Patio
Chain-link fencing
City lot (up to 1/4 acre)
Home design
Single-family residence
Residential property
Not new / not a model
Parking
Detached/attached covered garage space for 1 vehicle (1 covered parking total)
Construction
Built in 1941
Composition roof
Block foundation
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Midtown home in solid shape. Level, fenced yard. Newer furnace, a/c, roof, plumbing, vinyl siding and water heater. Charming home ready for some new colors. Quiet street. Garage and off street parking. Full basement.
Year
Property tax
Land + Additions
Assessment*
2025
$2,734 (+22.2%)
$21,600 + $141,900
$163,500
2024
$2,236 (−23.4%)
$21,600 + $141,900
$163,500
2023
$2,918 (+20.5%)
$21,600 + $116,700
$138,300
2022
$2,421 (+0.9%)
$21,600 + $116,700
$138,300
2021
$2,400 (+6.3%)
$18,100 + $95,300
$113,400
2020
$2,259 (−0.3%)
$18,100 + $95,300
$113,400
2019
$2,265 (+11.5%)
$18,100 + $87,400
$105,500
2018
$2,032 (+14.7%)
$18,100 + $87,400
$105,500
2017
$1,772 (+18.2%)
$18,100 + $63,900
$82,000
2016
$1,499 (+0.4%)
$18,100 + $63,900
$82,000
2015
$1,493 (+72.2%)
$6,000 + $63,900
$69,900
2014
$867
$6,000 + $63,900
$69,900
Public record
Public record
Permits
Beds
2
Baths
1
Stories
1
Lot width
58 ft.
Lot depth
94 ft.
Lot size
5,452 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
883
Unfinished Sq. Ft.
—
Total Sq. Ft.
883
Year built
1941
Style
Single Family Residential
County
Douglas County
APN
1715830000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
May 22, 2026 • Active
Re-roof
Roofing
Mar 2, 2009 • Active
Re-side
Work on vinyl.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Omaha, NE • 68106
Average low and high temperatures (°F)
34
15
42
20
61
35
65
45
76
53
85
66
88
69
85
66
83
60
72
50
51
34
41
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5116 Rees St
$186,527
$1,527 over list price of $185K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $248K.