3717 N Olie Avenue, Oklahoma City, OK 73118

$500,000
4
BD
2,468
SqFt

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List Price
$500,000
MLS#
1223844
Days on Market
102
Living Area
2,468
Status
ACTIVE
Type
Multifamily
Bedrooms
4
Township
12N
Neighborhood
Crown Heights Add

Property Description

Owner-occupant and/or income-producing two-unit property with brand new roof in Crown Heights generating $3,100/month with strong retention history. Extensively renovated by Brent Swift, a notable historic and mid-century restoration specialist. Each unit is a 2 bed, 1 bath with mock fireplaces, hardwood floors, and updated kitchens featuring magnificent walnut cabinetry and quartzite countertops. Systems are in good shape: downstairs unit received new HVAC, ductwork, and tankless water heater in 2024. Property has been consistently well-maintained. The units are identical in layout, with the upstairs unit distinguished by beautiful built-in shelving in the living room and a private second-floor balcony. Four off-street parking spaces behind the property — two covered garage spaces, two uncovered. Fenced yard. Located in one of OKC's more desirable urban neighborhoods, walkable to the Western Ave District. Income is in place, systems are current, and the asset is well maintained. Straightforward acquisition for an investor looking for stable cash flow with minimal near-term capital requirements or a savvy and design-conscious owner-occupant who wants to live in the soon-to-be-available upper unit while supplementing their mortgage with the rent from the lower unit.

Additional Information

Construction
Brick & Frame
Year Built
1941
School District
Oklahoma City
Elementary School
Wilson ES
Middle School
Moon MS
High School
Douglass HS
Roof
Composition
Appliances
Dishwasher, Microwave, Refrigerator, Washer/Dryer, Water Heater
Cooling
Central Elec
Heating
Gas
Lot Description
Interior Lot
Lot Size
9,300
Foundation
Conventional

Courtesy of Gary Caplinger and Verbode. 405-757-7001

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