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About This Home
This 4-bedroom, 3-bathroom single family at 1946 NW 15th Street in Oklahoma City, OK is listed for $265,000 ($129 per sqft). Built in 1921, the home offers 2,056 sqft of living space on a 0.16 acres lot.
Not your standard MLS investor deal! This one is made of the good stuff! One block from the heart of the Plaza District, this is the kind of investment opportunity that rarely hits the market-three units, rents grounded in current market reality, and clear upside in a rapidly improving area.
The front home is a 2 bed, 1 bath with fresh paint, refinished hardwood floors, new mini-split, and brand new gas range/oven. Estimated rent ~$1,200/month. The rear duplex includes two 1 bed/1 bath units that generate $1,500-$1,800/month combined. Both are ready, functional, and rentable as-is, with additional upside through further cosmetic improvements and rent optimization.
Duplex includes storage area on bottom floor. With total projected rents around $2,700-$3,000/month, this property checks the boxes for investors targeting the 1% rule and ~10% cap potential-while still leaving room to push returns higher. This is NOT fully maximized!!! Priced with opportunity in mind. Located where demand already exists. This one works for STR, LTR, or mid term rental options.Property is being sold AS-IS.
Key Features
- Built in 1921
- 0.16 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,417/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1946 NW 15th Street
Oklahoma City, OK 73106
Features & Amenities
Exterior Features
Property Details
Construction
Cooling
Questions & Answers
This 4-bedroom, 3-bathroom single family at 1946 NW 15th Street is listed at $265,000 ($129/sqft). The estimated monthly payment is $1,148 based on 20% down at 6.5% interest.
Key features include: Built in 1921, 0.16 acre lot, Fireplace. Exterior Features: Guest Quarters.
This property is listed by Emily Frosaker and can be reached at 4056423833 or emily@ccrebrokers.com.
