For sale
  • Price cut: $25K (7/16)
    $275,000

    1601 NW 22nd St, Oklahoma City, OK 73106

    3beds
    2,344sqft
    : 
    Duplex
    Built in 1927
    -- sqft lot
    $257,600 Zestimate®
    $117/sqft
    $-- HOA

    What's special

    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.
    32 days
    on Zillow
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    790
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    74
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