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1801 E Madison Street, Oklahoma City, OK 73111

$185,000
  • 1801 E Madison Street, Oklahoma City, OK 73111 Main Photo

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Active
BEDS5 BATHS3 full SQUARE FEET2,016 MLS#1211211
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLOklahoma City

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Heating: Zoned Electric
Home Style: Traditional
Lot Size: 0.15 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,337
Year Built: 1930

Feature Descriptions

Appliances: Refrigerator, Washer/Dryer
Days on Site: 39
Exterior: Brick & Frame
Fireplace: None
Lot: Corner Lot
Miscellaneous: Fencing, Tenant Pays Utils
Parking: Concrete

Local Schools

High School: Douglass HS
Middle School: Douglass MS
Elementary School: F.D. Moon ES
School District: Oklahoma City

Listed By / Shown By

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

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Estimate Your Payment

Estimated Payment

$ 577.10 per month $411.73 Principal & Interest $111.42 Property Tax $53.96 Homeowner's Insurance

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