Bought with Tiara Bollman
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1601 NW 22nd ST Oklahoma City, OK 73106
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Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,344 sqft
Price per Sqft $93
MLS Listing ID OKC1196045
Sold Date 12/23/25
Style Traditional
Bedrooms 3
Full Baths 3
Construction Status Brick
Year Built 1927
Annual Tax Amount $3,394
Lot Size 7,000 Sqft
Property Sub-Type Triplex
Property Description
Calling all investors! This well-maintained property presents a strong investment opportunity with three income-generating units located in the University Addition neighborhood in Oklahoma City. The property is currently producing a total of $2,350/month in rental income, with stable tenants and potential for increased cash flow.
The duplex includes:
• Unit 1: Rented at $925/month to a long-term tenant who has expressed interest in staying long-term.
• Unit 2: Leased at $775/month under a new 12-month agreement, providing immediate income stability.
In addition, a detached small house on the property is rented at $650/month on a month-to-month lease, offering flexibility and the opportunity to adjust rent to current market rates. With consistent cash flow, tenant stability, and room for value growth, this property is an excellent addition to any investor's portfolio.
Location
State OK
County Oklahoma
Interior
Fireplaces Number 2
Fireplaces Type Mock
Fireplace Y
Exterior
Roof Type Composition
Building
Lot Description Corner Lot
Story 1
Foundation Conventional
Architectural Style Traditional
Level or Stories One
Structure Type Brick
Construction Status Brick
Schools
Elementary Schools Eugene Field Es
Middle Schools Moon Ms
High Schools Douglass Hs
School District Oklahoma City
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