1615 NW 1st Street, Unit 0
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.
Broker Details
405 Home Store LLC (405) 627-5236
MLS ID: 202709 State License Number: 202709
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $350,000 |
| Year Built: | 1906 |
| Lot Size: | 1,926.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-OCMAROK-1220623
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