1601 NW 22nd ST Active Save Request In-Person Tour Request Virtual Tour
Oklahoma City,OK 73106
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,344 sqft
Price per Sqft $108
MLS Listing ID OKC1178824
Style Traditional
Bedrooms 3
Full Baths 3
Year Built 1927
Annual Tax Amount $3,394
Lot Size 7,000 Sqft
Property Sub-Type Duplex
Property Description
This property offers a fantastic investment opportunity with 3 income-producing units located in the University Addition. The duplex features one unit rented at $925/month to a long-term Section 8 tenant who prefers to stay. The second duplex unit is currently leased at $775/month under a new 12-month agreement. The small house is rented at $650/month on a month-to-month lease, offering flexibility and the potential for a rent adjustment to align with market rates. With a total monthly income of $2,350, the current rental rates are closely aligned with market averages in University Addition, where duplex units typically rent for $900–$1,000/month, and similar small houses range from $700–$800/month. This property provides consistent cash flow with room for growth, making it an ideal addition to any investor's portfolio. Seller is willing to package this property with MLS #1178821, which includes another duplex, offering a total of 5 doors.
Location
State OK
County Oklahoma
Interior
Fireplaces Number 2
Fireplaces Type Mock
Exterior
Roof Type Composition
Building
Lot Description Corner Lot
Story 1
Foundation Conventional
Structure Type Brick
Schools
Elementary Schools Eugene Field Es
Middle Schools Douglass Ms
High Schools Douglass Hs
School District Oklahoma City