2436 NW 16th St, Oklahoma City, OK, 73107

About This Home

Assumable loan at 4.88%! Located in the heart of OKC’s urban core, less than a mile west of the vibrant Plaza District, this beautifully updated duplex offers an incredible opportunity for both investors and owner-occupants alike. Enjoy easy access to some of Oklahoma City’s most popular restaurants, bars, shopping, and entertainment while generating strong rental income in a highly desirable location. Both units feature mirror-image layouts with restored original hardwood floors, each has two spacious bedrooms, a renovated bathroom, and an updated kitchen complete with granite countertops and newer appliances. Each side also includes convenient washer/dryer hookups, adding everyday functionality and appeal for tenants and owners alike. The property blends timeless character with modern updates, creating spaces residents love to call home. Ideal for house hacking or a turnkey investment, one side is leased through March 2027 while the other expires July 31st, offering flexibility for an owner-occupant to move in within the standard 60 day period from closing for a primary residence or future rent adjustments. Current rents are $1,200 per month per unit ($2,400 total), and tenants pay all utilities, maximizing cash flow potential. Additional highlights include a detached garage plus extra front parking with space for two vehicles, providing convenient off-street parking for tenants or owners. Don’t miss this opportunity to own a well-maintained income-producing property in one of OKC’s most sought-after urban locations! Roughly $163,000 on the loan that can be assumed. The difference would need to be via a down payment or second loan.