1615 NW 1st Street Unit A & B, Oklahoma City, OK 73106

$350,000
4
BD
1,926
SqFt

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List Price
$350,000
MLS#
1220623
Days on Market
125
Living Area
1,926
Status
ACTIVE
Type
Multifamily
Bedrooms
4
Township
T12N
Neighborhood
Carle & Colcord Add

Property Description

Why settle for one income stream when you can have two—with the potential for a third? This fully leased, income-producing duplex offers immediate cash flow from day one, plus the rare advantage of SPUD approval for an additional single-family home on the property, creating an exceptional value-add opportunity for future expansion. Whether you’re growing your investment portfolio, completing a 1031 exchange, or looking to house hack by living in one unit while renting the other, this property offers flexibility that’s hard to find. Both units have been thoughtfully updated and feature private entrances and in-unit laundry. The lower unit offers 2 bedrooms and 2 bathrooms, while the upper unit includes 2 bedrooms and 1 bathroom. With established tenants already in place, you can begin collecting rental income immediately without the hassle of finding occupants. Conveniently located near Downtown Oklahoma City, the Historic Farmers Market District, major highways, dining, and entertainment, this property is well positioned in an area experiencing continued growth and strong rental demand. Immediate income. Future expansion. Multiple paths to build wealth. Tenant occupied. Please do not disturb tenants. Showings by appointment only.

Additional Information

Construction
Frame
Year Built
1906
School District
Oklahoma City
Elementary School
Mark Twain ES
Middle School
Taft MS
High School
Northeast HS
Roof
Shingle
Appliances
Dishwasher, Dryer, Refrigerator, Washer
Cooling
Central Elec
Heating
Electric
Lot Description
Other
Lot Size
7,000
Acres
0.16
Foundation
Slab

Courtesy of April Cossey and 405 Home Store. 405-627-5236

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