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Listed by Bradley Boone • Keller Williams Realty Elite
$255,000
Est. payment /mo
3 Beds
3 Baths
2,344 SqFt
UPDATED:
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
Construction Status Brick
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
Fireplace Y
Exterior
Roof Type Composition
Building
Lot Description Corner Lot
Story 1
Foundation Conventional
Architectural Style Traditional
Level or Stories One
Structure Type Brick
Construction Status Brick
Schools
Elementary Schools Eugene Field Es
Middle Schools Douglass Ms
High Schools Douglass Hs
School District Oklahoma City
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