Oklahoma City OK Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- 1,326
- Status:
- NEW LISTING
- Beds:
- 3
- Lot size:
- 0.24 Acres
- Year built:
- 1983
- Baths:
- 3.00
- MLS#:
- 1143347
- Subdivision:
- Eckroat Add
ADDITIONAL INFORMATION
Full duplex for sale!! This versatile property presents a lucrative opportunity for investors seeking to expand their portfolio. Currently functioning as a duplex, this property has the potential to be converted into a triplex, maximizing its rental potential. Located just south of downtown, it boasts a prime location just minutes away from Scissortail Park, offering tenants convenient access to urban amenities and recreational opportunities. The property features a total of 3 bedrooms and 3 baths, with one unit already upgraded with new paint and other enhancements making it a turnkey rental opportunity for the savvy investor. Zoned R4 so up to 4 units can be built, and there is a huge backyard. Unit A is leased for $660 a month is month to month. Unit B is leased month to month at $600. $300 deposit unit A and $400 deposit for unit B. Both tenants would like to stay. Rental rate is currently under market value and should be around $800-850 for the 2 bedroom 2 bath, and $700 for the 1 bed 1 bathroom. Hot water heaters are 2016 and 2017. Foundation repair by Trition Foundation. Plumbing updates, sewer line repair, new toilet, electrical upgrades, dry wall repairs, brand new refrigerator in one of the units. Window units are 1 year old. Whether you're looking to expand your rental income or start your real estate investment journey, this property offers a solid foundation for success. Showings allowed Tuesdays and Thursdays for Unit B. Please do not disturb the tenants. Property sold AS IS.
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Oklahoma City Real Estate
The median home value in Oklahoma City, OK is $187,700. This is lower than the county median home value of $193,400. The national median home value is $338,100. The average price of homes sold in Oklahoma City, OK is $187,700. Approximately 54% of Oklahoma City homes are owned, compared to 36.04% rented, while 9.97% are vacant. Oklahoma City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oklahoma City real estate agent to arrange a tour today!
Oklahoma City, Oklahoma 73129 has a population of 673,183. Oklahoma City 73129 is less family-centric than the surrounding county with 30.08% of the households containing married families with children. The county average for households married with children is 30.67%.
The median household income in Oklahoma City, Oklahoma 73129 is $59,679. The median household income for the surrounding county is $58,239 compared to the national median of $69,021. The median age of people living in Oklahoma City 73129 is 34.9 years.
Oklahoma City Weather
The average high temperature in July is 92.9 degrees, with an average low temperature in January of 27.1 degrees. The average rainfall is approximately 35.6 inches per year, with 5.8 inches of snow per year.