1946 NW 15th Street, Oklahoma City, OK 73106

$263,000
4
BD
3
BA
2,056
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$263,000
List Price
$265,000
MLS#
1224363
Days on Market
7
Closing Date
May 29, 2026
Living Area
2,056
Status
CLOSED
Type
Multifamily
Bedrooms
4
Full Bathrooms
3
Neighborhood
Baumans Add

Property Description

Not your standard MLS investor deal! This one is made of the good stuff! One block from the heart of the Plaza District, this is the kind of investment opportunity that rarely hits the market—three units, rents grounded in current market reality, and clear upside in a rapidly improving area. The front home is a 2 bed, 1 bath with fresh paint, refinished hardwood floors, new mini-split, and brand new gas range/oven. Estimated rent ~$1,200/month. The rear duplex includes two 1 bed/1 bath units that generate $1,500–$1,800/month combined. Both are ready, functional, and rentable as-is, with additional upside through further cosmetic improvements and rent optimization. Duplex includes storage area on bottom floor. With total projected rents around $2,700–$3,000/month, this property checks the boxes for investors targeting the 1% rule and ~10% cap potential—while still leaving room to push returns higher. This is NOT fully maximized!!! Priced with opportunity in mind. Located where demand already exists. This one works for STR, LTR, or mid term rental options.Property is being sold AS-IS.

Additional Information

Construction
Frame
Year Built
1921
School District
Oklahoma City
Elementary School
Eugene Field ES
Middle School
Moon MS
High School
Douglass HS
Roof
Composition
Cooling
Window Unit(s)
Heating
Other
Lot Description
Interior Lot
Lot Size
7,000
Foundation
Combination

Courtesy of Emily Frosaker and Copper Creek Real Estate. 405-888-9902

Selling Office: Modern Abode Realty.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Copyright © 2026 MLSOK, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. The listing information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Information last updated on .