238 S Oak Ave, Shawnee, OK, 74801
About This Home
Investment Opportunity – 2 Bed, 2 Bath Corner Lot Home! Well-maintained 2 bedroom, 2 bathroom home situated on a desirable corner lot, offering a great opportunity for investors seeking immediate rental income. The property is currently tenant-occupied with a lease in place through August 31, 2026 at $1,300 per month, providing stable cash flow from day one. Inside, the home features durable luxury vinyl plank (LVP) flooring, granite countertops, and a functional layout designed for comfortable living. The home is all-electric and includes all appliances, making it a convenient and efficient setup for tenants or future occupants. Exterior highlights include a partially fenced yard and the added space and accessibility that comes with a corner lot location. Please note: Due to tenant occupancy, no showings will be allowed without lender pre-approval. A minimum 48-hour notice is required for all approved showings. This is a solid turnkey rental property with reliable income already in place. *Buyer to verify schools & taxes.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Frame,Other
Other
- Builder name: BIG
Type & Style
- Home type: SingleFamily
- Architectural style: Modern,Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Refrigerator,Washer/Dryer,Water Heater,Free-Standing Electric Oven,Free-Standing Electric Range
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Paint Woodwork
- Window features: Double Pane,Vinyl Frame
- Flooring: Carpet,Laminate
- Fireplace features: None
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 864
- Total interior livable area: 864 sqft
Property
Details
- Parcel number: 238SOak74801
- Special condition: Leased
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Fencing: Wood
Lot
- Lot size: 0.30 Acres
- Features: Corner Lot
Parking
- Parking features: Gravel
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Tornado
- Cold Wave
- Hail
- Heat Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Pottawatomie County and Oklahoma
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $783 | $9,396 |
| Home Insurance | $331 | $3,972 |
| Property Taxes | $80 | $960 |
| Electricity | $144 | $1,732 |
| Total | $1,338 | $16,056 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-05 | Listed for sale | $155,000 |
| 2025-07-30 | Listing removed | $1,275 |
| 2025-07-17 | Listed for rent | $1,275 |
| 2024-10-26 | Listing removed | $1,250 |
| 2024-10-03 | Price change | $1,250 |
| 2024-09-25 | Listed for rent | $1,350 |
| 2024-08-19 | Sold | $138,000 |
| 2023-12-01 | Sold | $10,000 |
| 2023-10-26 | Sold | $7,500 |
| 2022-10-24 | Listing removed | -- |
| 2022-10-22 | Listed for sale | $10,900 |
| 2022-09-12 | Listing removed | -- |
| 2022-09-10 | Listed for sale | $10,900 |
| 2022-07-18 | Listing removed | -- |
| 2022-06-25 | Listed for sale | $10,900 |
| 2016-12-13 | Sold | $4,000 |
| 2016-10-17 | Price change | $11,000 |
| 2016-09-26 | Price change | $16,000 |
| 2016-09-14 | Pending sale | $25,000 |
| 2016-09-02 | Listed for sale | $25,000 |
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