$275,000

1601 NW 22nd Street, Oklahoma City, OK 73106

  • 3 beds |
  • 3 baths |
  • 2,344 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $117/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
July 8, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Elite : 405-948-7500
Listing Agent:
Bradley Boone : 405-657-8944
MLS ID:
1178824
  • Fireplace: DecorativeFireplaceFireplaces: 2

This listing courtesy of Bradley Boone, Keller Williams Realty Elite

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Classen Middle School of Advanced Studies

1901 N Ellison Ave, Oklahoma City, OK, 73106

Grades 5-8

0.38 miles away

C

Classen Middle School of Advanced Studies

1901 N Ellison Ave, Oklahoma City, OK, 73106

Grades 5-8

0.38 miles away

P

Putnam Heights Academy High School

1601 NW 36th St, Oklahoma City, OK, 73118

Grades 9-12

1.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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