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2701 NW 16th St, Oklahoma City, OK, 73107

5beds
4baths
2,940sqft
$475,000
$162price/sqft
$3,742/moest. monthly cost
$149,680/yrincome needed

About This Home

Fantastic investment opportunity featuring two duplexes right in the heart of Oklahoma City’s burgeoning urban core! This property includes two duplexes, one facing 16th and one facing Linn. The units on Linn are each one bedroom, one bath. These units were both taken to the studs and fully renovated including new plumbing, electrical, framing, drywall, cabinetry, appliances, fully remodeled bathrooms and flooring! The units on 16th are each two bedroom, one bath and also have numerous upgrades including new central HVAC, kitchen countertops and sinks, flooring, paint, attic insulation and more! Both properties have new roofs as of 2024. See full list of upgrades in supplements. As of April 1st, the gross rental income is $4,295 per month. The two bedroom units are slightly under market rent, and one of them is on month-to-month. The owner currently pays water, sewer, trash, which averages approximately $200/month. Recent financials available in supplements. Annual financials available upon request. Turnkey and income-producing, this property is a great opportunity for immediate returns, long-term growth, and potential value-add on the two bedroom units. Showings can be set up with 72 hours notice.

Getting Around

63
WalkingSomewhat Walkable
44
TransitSome Transit
62
BikeBikeable

Schools

5/10
2/10
Taft Middle SchoolGrades 5-80.7 mi
1/10

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Conventional
  • Roof: Composition
  • Construction materials: Brick & Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Bungalow,Historic
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Number of fireplaces: 2
  • Fireplace features: Decorative
  • Fireplace: Yes

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 2,940
  • Total interior livable area: 2,940 sqft

Property

Details

  • Parcel number: 2701NW16th73107
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8,999 sqft
  • Features: Interior Lot

Parking

  • Parking features: Permeable Surface