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Listed by Emily Frosaker • Copper Creek Real Estate

$265,000

Est. payment - /mo

4 Beds

3 Baths

2,056 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,056 sqft

Price per Sqft $128

MLS Listing ID OKC1224362

Style Ranch

Bedrooms 4

Full Baths 3

Construction Status Frame

Year Built 1921

Annual Tax Amount $2,727

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Single Family Residence

Property Description

Not your standard MLS investor deal! This one is made of the good stuff! One block from the heart of the Plaza District, this is the kind of investment opportunity that rarely hits the market—three units, rents grounded in current market reality, and clear upside in a rapidly improving area. The front home is a 2 bed, 1 bath with fresh paint, refinished hardwood floors, new mini-split, and brand new gas range/oven. Estimated rent ~$1,200/month. The rear duplex includes two 1 bed/1 bath units that generate $1,500–$1,800/month combined. Both are ready, functional, and rentable as-is, with additional upside through further cosmetic improvements and rent optimization. Duplex includes storage area on bottom floor. With total projected rents around $2,700–$3,000/month, this property checks the boxes for investors targeting the 1% rule and ~10% cap potential—while still leaving room to push returns higher. This is NOT fully maximized!!! Priced with opportunity in mind. Located where demand already exists. This one works for STR, LTR, or mid term rental options.Property is being sold AS-IS.

Location

State OK

County Oklahoma

Interior

Heating Other

Cooling Window Unit(s)

Fireplaces Type Mock

Fireplace N

Exterior

Exterior Feature Guest Quarters

Roof Type Composition

Private Pool false

Building

Lot Description Interior Lot

Foundation Combination

Architectural Style Ranch

Level or Stories Other

Structure Type Frame

Construction Status Frame

Schools

Elementary Schools Eugene Field Es

Middle Schools Moon Ms

High Schools Douglass Hs

School District Oklahoma City

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Multiple Listing Service of Oklahoma (MLSOK)

NEARBY SCHOOL & BUSINESS

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Michael Gregory

+1(405) 245-0482

Agent | License ID: 200592

Agent License ID: 200592

1946 NW 15th ST Oklahoma City, OK 73106