About This Home

This 4-bedroom, 4-bathroom residential multi family at 238 S Oklahoma Avenue in Shawnee, OK is listed for $128,000. Built in 1940, on a 0.16 acres lot.

Key Features

  • Built in 1940
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
4 full
1940
Listing Description

Income-Producing Quadplex Opportunity - Perfect for Investors! With the right renters and a little elbow grease, this could be your next Cash Cow! Discover an exceptional investment opportunity with this income-generating property featuring four updated 1-bedroom, 1-bathroom units-a triplex plus a separate small house all on one lot.

Each unit is fully equipped with its own kitchen and bathroom, showcasing modern upgrades, including granite countertops, updated fixtures, and contemporary finishes throughout. The small house is currently rented at $750 per month. With strong rental potential, this property is ideal for investors looking to expand their portfolio or those seeking a stable, turnkey income property.

The configuration offers flexibility-live in one unit and rent the others, or lease all four for maximum returns. Conveniently located near shops, dining, and transportation, this property is a rare find with long-term growth and cash flow potential. Don't miss this opportunity to secure a solid addition to your investment portfolio!

Monthly Cost Estimate

$685/mo

20% down · 6.5% · 30 years

Principal$93
Interest$555
Insurance$37

Estimates only. Actual payments may vary.

Location

238 S Oklahoma Avenue

Shawnee, OK 74801

Property Details

Construction

Frame

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 238 S Oklahoma Avenue is listed at $128,000. The estimated monthly payment is $684 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.16 acre lot, 2 stories.

This property is listed by Raeanne Jones.

RJ

Raeanne Jones

Agent at C21 Golden Key Realty

Listed by C21 Golden Key Realty · Broker phone: (405) 275-7030 · View on Broker Site · Broker website

MLS# 1195702· Source: MLSOK, Inc.· 384 days on PropertySimple

Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

238 S Oklahoma Avenue, Shawnee, OK 74801

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