2320 NW 16th Street, Unit 2320
Property Description
Live in One, Rent the Other! Charming Craftsman Duplex Steps from the Plaza District! Looking for a smart investment or a way to make homeownership a little more affordable? This charming Craftsman-style duplex, built in 2010 and located in the heart of OKC's Urban Core, offers the best of both worlds! Just steps from the vibrant Plaza District, you'll love being close to some of Oklahoma City's favorite restaurants, local shops, art galleries, and entertainment. Whether you're looking to expand your investment portfolio or embrace the popular "house-hacking" lifestyle by living in one unit while renting the other, this property offers incredible flexibility! One unit features 1 bedroom and 1 bathroom, while the second offers 2 bedrooms and 1 bathroom. Both units feature stained concrete flooring, accessible design features, and their own refrigerator, washer, and dryer. Currently occupied by established tenants of approximately three years, this duplex offers immediate rental income. The 2-bedroom lease expires December 31, 2026, and the 1-bedroom lease expires January 31, 2027, with the current tenant expressing interest in staying. These upcoming lease expirations could provide an ideal opportunity for a future owner-occupant to explore living in one unit while continuing to generate rental income from the other. With its timeless Craftsman charm, newer construction, fantastic walkable location, and income-producing potential, this is a unique opportunity to enjoy the Urban Core lifestyle while making a smart real estate investment!
Broker Details
Whittington Realty LLC (405) 703-4100
MLS ID: VMCBRYDE State License Number: 156353
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $299,900 |
| Year Built: | 2010 |
| Lot Size: | 1,486.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 2 |
ID: 3yd-OCMAROK-1252982
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout