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Listed by Sabrina Adams • Arrived OKC
$225,000
Est. payment /mo
3 Beds
2 Baths
1,472 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,472 sqft
Price per Sqft $152
MLS Listing ID OKC1170299
Style Traditional
Bedrooms 3
Full Baths 2
Construction Status Frame,Vinyl
Year Built 1940
Annual Tax Amount $2,263
Lot Size 6,970 Sqft
Property Sub-Type Duplex
Property Description
Two Homes, One Investment—Near OU!
This unique opportunity includes two updated homes on one lot—623 Dakota and 620 W Acres—positioned back-to-back with separate street access and private yards. Perfect for investors, house-hackers, or multi-generational living, both homes are tenant-occupied and generating $2,025/month in combined rent, offering a solid ~10% cap rate based on current taxes.
623 Dakota is a 2-bedroom, 1-bath home leased at $1,150/month through April 2026. 620 W Acres features 1 bedroom and 1 bath, leased at $875/month through May 2026. Recent updates to both homes include new roofs (2023), foundation repairs, granite countertops, new flooring and paint, and modern finishes throughout.
Located just minutes from the University of Oklahoma and I-35, this is a rare opportunity to own two income-producing properties on one lot. Whether you plan to live in one and rent the other or keep both as long-term rentals, this property offers flexibility and strong returns. Do not disturb tenants. Showings available only after an accepted offer. Homes are sold together and cannot be purchased separately.
This unique opportunity includes two updated homes on one lot—623 Dakota and 620 W Acres—positioned back-to-back with separate street access and private yards. Perfect for investors, house-hackers, or multi-generational living, both homes are tenant-occupied and generating $2,025/month in combined rent, offering a solid ~10% cap rate based on current taxes.
623 Dakota is a 2-bedroom, 1-bath home leased at $1,150/month through April 2026. 620 W Acres features 1 bedroom and 1 bath, leased at $875/month through May 2026. Recent updates to both homes include new roofs (2023), foundation repairs, granite countertops, new flooring and paint, and modern finishes throughout.
Located just minutes from the University of Oklahoma and I-35, this is a rare opportunity to own two income-producing properties on one lot. Whether you plan to live in one and rent the other or keep both as long-term rentals, this property offers flexibility and strong returns. Do not disturb tenants. Showings available only after an accepted offer. Homes are sold together and cannot be purchased separately.
Location
State OK
County Cleveland
Interior
Fireplace N
Exterior
Roof Type Composition
Building
Lot Description Interior Lot
Foundation Conventional
Architectural Style Traditional
Structure Type Frame,Vinyl
Construction Status Frame,Vinyl
Schools
Elementary Schools Adams Es
Middle Schools Whittier Ms
High Schools Norman Hs
School District Norman
Others
Acceptable Financing Cash, Conventional, Seller will Finance
Listing Terms Cash, Conventional, Seller will Finance
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