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.
Listed By
Agency Name: Bailee & Co. Real Estate
Agency Phone: 405-650-1450
Agent Name: Kiera Underwood
Shown By
Agency Title: Crossland Real Estate
Agency Phone: 405-604-6800
Estimated Payment
$ 577.10 per month $411.73 Principal & Interest $111.42 Property Tax $53.96 Homeowner's Insurance



1801 E Madison Street | MLS# 1211211
This multi-family property located at 1801 E Madison Street, Oklahoma City, OK 73111 is currently listed for sale with an asking price of $185,000. E Madison Street is located within the Oklahoma City school district. Search Oklahoma City real estate on www.gocrossland.com today.