Great investment property that has long time tenant with good pay history. 20% down will give 20% ROI and net $300 mn. Raised ranch 3 bed, 1 3/4 bath, 1 car, finished basement w/walkout in desirable District 66.
Single-familyProperty Type
1955Year Built
6,000 sq ftLot Size
$172Est. Price/Sq.Ft.
1 car garageParking
Listed by Gayla Leathers• BHHS Ambassador Real Estate
Listed by • BHHS Ambassador Real Estate
Bought with Fred Tichauer• BHHS Ambassador Real Estate
Source:GPRMLS #21304764
Redfin Estimate
$262,716
$43K since sold in May 2026$4,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.6% higher than the average sale price ($251K) of 6 comparable homes.
Great investment property that has long time tenant with good pay history. 20% down will give 20% ROI and net $300 mn. Raised ranch 3 bed, 1 3/4 bath, 1 car, finished basement w/walkout in desirable District 66.
Public Records
Oct 14, 2002
Sold
$105,000
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,168 (−2.2%)
$19,200 + $173,100
$192,300
2024
$3,238 (−0.8%)
$19,200 + $173,100
$192,300
2023
$3,263 (−6.8%)
$19,200 + $173,100
$192,300
2022
$3,502 (+15.6%)
$19,200 + $140,800
$160,000
2021
$3,030 (−1.7%)
$19,200 + $140,800
$160,000
2020
$3,083 (+9.5%)
$19,200 + $117,400
$136,600
2019
$2,815 (+0.6%)
$19,200 + $117,400
$136,600
2018
$2,798 (+2.3%)
$19,200 + $104,100
$123,300
2017
$2,736 (+9.3%)
$19,200 + $103,000
$122,200
2016
$2,503 (+9.3%)
$19,200 + $103,000
$122,200
2015
$2,290 (−0.7%)
$6,700 + $105,800
$112,500
2014
$2,307
$6,300 + $98,900
$105,200
Tax history for 7518 Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$3,168 (−2.2%)
$19,200 + $173,100
$192,300
2024
$3,238 (−0.8%)
$19,200 + $173,100
$192,300
2023
$3,263 (−6.8%)
$19,200 + $173,100
$192,300
2022
$3,502 (+15.6%)
$19,200 + $140,800
$160,000
2021
$3,030 (−1.7%)
$19,200 + $140,800
$160,000
2020
$3,083 (+9.5%)
$19,200 + $117,400
$136,600
2019
$2,815 (+0.6%)
$19,200 + $117,400
$136,600
2018
$2,798 (+2.3%)
$19,200 + $104,100
$123,300
2017
$2,736 (+9.3%)
$19,200 + $103,000
$122,200
2016
$2,503 (+9.3%)
$19,200 + $103,000
$122,200
2015
$2,290 (−0.7%)
$6,700 + $105,800
$112,500
2014
$2,307
$6,300 + $98,900
$105,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Dec 3, 2025 • Active
Residential plumbing
Perform repairs on a sewer system.
Plumbing
Jan 24, 2017 • Active
Residential air conditioning air distribution systems
Install a new furnace, air conditioner, coil, and humidifier.
HVAC
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.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,124
Basement Finish: Finished
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Block
Building Construction Quality: Average
Exterior Wall: Frame Siding
Roof Shape Type: Gable/Hip
Building Type: Ranch
Property Information
Subdivision Name: WESTGATE ADD
Living Sq. Ft: 1,524
Building Sq. Ft: 2,248
# of Units: 1
# of Stories: 1
Legal Description: WESTGATE ADD LOT 160 BLOCK 0 60 X 100
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Basement Garage
Garage / Carport Type: Basement
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,000
Legal Lot Number: 160
Acres: 0.1377
Depth Footage: 100
Front Footage: 60
Zoning Code: R4(35)
County Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,524
Stories: 1.0
Lot Size: 6,000 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: —
County: Douglas County
APN: 2504160000
Home facts updated by county records on Aug 14, 2026
Around this home
Schools
Westgate Elementary School
Public PreK-6 • Assigned • 0.3mi
7/10
Westside Middle School
Public 7-8 • Assigned • 0.9mi
7/10
Westside High School
Public 9-12 • Assigned • 1.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 105° 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 • 68124
Average low and high temperatures (°F)
34
15
41
20
61
34
65
45
75
53
84
65
86
69
82
66
82
59
71
49
51
34
40
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.4 hours in
June and 4.3 hours in December, which is comparable to the
U.S. average for solar exposure.
10.4 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$250,000 – $303,000
Sell confidently with a local market expert in Omaha. 3 minutes to get started.