Investor Opportunity with Immediate Rental Income! Tenant already in place through December 2026, allowing you to start earning rental income from day one! Located in the gated Butterfly Creek community within the Edmond Public School District, this well-maintained 3 bedroom, 2 bathroom home offers a functional open-concept floor plan, timeless finishes, and excellent long-term investment potential. The spacious living, dining, and kitchen areas flow seamlessly together, creating an inviting space for everyday living. All appliances remain with the property, including the refrigerator, washer, and dryer, providing added convenience for both owner and tenant. Outside, enjoy a covered back patio and sprinkler system, offering low-maintenance outdoor living. Butterfly Creek residents enjoy outstanding neighborhood amenities just steps away, including a clubhouse with a large dining/gathering area and kitchen, oversized community below-ground storm shelter, swimming pool, walking paths, and beautiful greenbelt views. Conveniently located with easy access to the Kilpatrick Turnpike, Broadway Extension, and I-35, this property combines a desirable location, stable rental income, and strong future appreciation potential. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this turnkey opportunity is one you won't want to miss. Schedule your private showing today!
For sale
$250,000
15420 Monarch Ln, Edmond, OK 73013
3beds
2,083sqft
Duplex
Built in 2001
-- sqft lot
$244,400 Zestimate®
$120/sqft
$174/mo HOA
What's special
Sprinkler systemTimeless finishesFunctional open-concept floor planCovered back patioBeautiful greenbelt views
- 20 days |
- 918 |
- 76 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Meagan McGowen 580-220-7963,
Keller Williams Realty Elite
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1234384
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Water Heater
Features
- Number of fireplaces: 1
Interior area
- Total structure area: 2,083
- Total interior livable area: 2,083 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 3,902 Square Feet
- Features: Corner Lot
Details
- Parcel number: 15420NONEMonarch73013
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Dallas,Traditional
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick & Frame
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2001
Utilities & green energy
- Utilities for property: Cable Available, Public
Community & HOA
HOA
- Has HOA: Yes
- Services included: Gated Entry, Greenbelt, Common Area Maintenance, Pool, Recreation Facility
- HOA fee: $2,090 annually
Location
- Region: Edmond
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $272,000
- Annual tax amount: $3,600
- Date on market: 6/13/2026
- Listing terms: Cash,Conventional,Sell FHA or VA,VA
- Electric utility on property: Yes
Estimated market value
$244,400
$232,000 - $257,000
$1,679/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2026 | Listed for sale | $250,000-8.4%$120/sqft |
Source:  MLSOK/OKCMAR as distributed by MLS GRID #1234384 Report a problem | ||
| 6/9/2026 | Listing removed | $273,000$131/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1216093 Report a problem | ||
| 4/29/2026 | Price change | $273,000-0.7%$131/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1216093 Report a problem | ||
| 2/26/2026 | Listed for sale | $275,000+4.2%$132/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1216093 Report a problem | ||
| 11/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/2/2023 | Price change | $1,500-16.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/19/2023 | Price change | $1,795-1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/29/2023 | Price change | $1,825-1.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/14/2023 | Price change | $1,850-2.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2023 | Price change | $1,895-2.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/8/2023 | Listed for rent | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2023 | Sold | $264,000-2.9%$127/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1043846 Report a problem | ||
| 5/5/2023 | Pending sale | $272,000$131/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1043846 Report a problem | ||
| 1/8/2023 | Listed for sale | $272,000$131/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1043846 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,600 +2.4% | $29,920 +2.1% |
| 2024 | $3,517 +31.1% | $29,315 +30.1% |
| 2023 | $2,682 +4.1% | $22,538 +5% |
| 2022 | $2,578 +6.1% | $21,465 +5% |
| 2021 | $2,430 +3.5% | $20,443 +5% |
| 2020 | $2,349 +27.1% | $19,470 -1.1% |
| 2019 | $1,847 +2% | $19,690 +2% |
| 2018 | $1,811 -22.4% | $19,305 +0.3% |
| 2017 | $2,335 | $19,249 +2.6% |
| 2016 | $2,335 +3.1% | $18,767 +5% |
| 2015 | $2,264 +7.1% | $17,873 +2.3% |
| 2014 | $2,113 | $17,463 -1.3% |
| 2013 | -- | $17,696 -9.5% |
| 2012 | -- | $19,543 +5% |
| 2011 | -- | $18,613 +5% |
| 2010 | -- | $17,727 +5% |
| 2009 | -- | $16,883 +5% |
| 2008 | -- | $16,079 +5% |
| 2007 | -- | $15,314 +5% |
| 2006 | -- | $14,584 +5% |
| 2005 | -- | $13,889 -88.5% |
| 2004 | $1,586 | $120,268 +809.1% |
| 2003 | -- | $13,229 +5.4% |
| 2002 | -- | $12,547 +983.5% |
| 2001 | -- | $1,158 +194.7% |
| 2000 | -- | $393 |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 73013
Nearby schools
GreatSchools rating
- 8/10Charles Haskell Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 6/10Summit Middle SchoolGrades: 6-8Distance: 1.5 mi
- 9/10Santa Fe High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Charles Haskell ES
- Middle: Summit MS
- High: Santa Fe HS
Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oklahoma
- Oklahoma County
- Edmond
- 73013
- 15420 Monarch Ln
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