$ 179,000
-
$179,000
Price -
5
Bed -
3
Bath -
2,016
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing BCRE01 - 180019
Multifamily investment opportunity just two miles from OU Medical in the growing Northeast Oklahoma City area. This property includes a duplex plus a separate single-family home on one lot, offering multiple income streams in a strong rental demand location. The duplex consists of two 1 bedroom, 1 bathroom units totaling 1,176 square feet. One unit is occupied by a long-term tenant on a month-to-month lease at $725 per month, providing immediate income and flexibility. The second duplex unit is currently vacant. The detached single-family home offers 3 bedrooms, 1 bathroom, and 840 square feet of living space. It was updated in 2022 and includes washer and dryer. Both vacant units will be income-producing after a make-ready, giving the opportunity to quickly lease at market rents. Recent improvements include a new roof in 2022 and a privacy fence. Parking includes a two-car driveway plus street parking. Owner currently covers water and lawn care, while tenants pay remaining utilities. Two units (1801 and 1801 1/2) are vacant and available for showings. The occupied unit may be shown after accepted contract. Great opportunity for investors seeking steady income with long-term appreciation potential near major employers.
Listing Highlights
Status
Active
Days on Site
63
Property Type
Multi-Family
MLS ®
1211211
Year Built
1930
Total Square Footage
2,016
Lot/Acreage
0.15
County
Oklahoma
School District
Oklahoma City
Elementary School
F.D. Moon ES
Middle School
Douglass MS
High School
Douglass High School
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: Refrigerator, Washer/Dryer
- Air Cond: Window Unit(s)
- Heating: Zoned
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer:
- Parking Features: Concrete
Financial Details
- Tax Amount: $1,337
- Taxes w/Assessments: N/A
- Tax/Property ID: 1801EMadison73111
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1801 E Madison St Oklahoma City, OK 73111
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
