$350,000

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

4 beds |
3 baths |
1,926 sqft

Duplex
Built in 1906
7,000sqft lot
—— car garage
$182/sqft
Listed 4 months ago

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.

Listing Status:: Active
Data Last Updated:: August 6, 2026 at 12:21AM
Listing Office:: 405 Home Store : 405-627-5236
Listing Agent:: April Cossey : 405-318-0494
MLS ID:: 1220623

Appliances: DishwasherDryerRefrigeratorWasher
A/C: Central Elec
Heating: Electric
Fireplace: Fireplaces: 0

Style: Craftsman
Parking: Parking spaces: 4

Roofing: Shingle
General: FrameTwoSlab

HOA Amenities: 0.0
Originating MLS: mlsok
School District: Oklahoma City
County: Oklahoma

Zoning: 1615NW1stA&B73106

Source: mlsok

This listing courtesy of April Cossey , 405 Home Store

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.