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4 Beds
3 Baths
1,926 sqft

$350,000

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

Price per sqft$181.72
Built in1906
Property size1,926 sqft
Property typeMulti-family
Courtesy of 405 Home Store, April Cossey Listing Contact: 405-318-0494

Overview

Active

Listed Mar 26, 2026

Updated 4 days ago

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.

$2,329/mo

Est. mortgage payment based on a $350,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1220623

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$4,441
Tax Frequency
Annually
Association Fee Frequency
Yearly
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Listings courtesy of MLSOK, Inc. as distributed by MLS GRID

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