Calling all investors! This well-maintained property presents a strong investment opportunity with three income-generating units located in the University Addition neighborhood in Oklahoma City. The property is currently producing a total of $2,350/month in rental income, with stable tenants and potential for increased cash flow.
The duplex includes:
• Unit 1: Rented at $925/month to a long-term tenant who has expressed interest in staying long-term.
• Unit 2: Leased at $775/month under a new 12-month agreement, providing immediate income stability.
In addition, a detached small house on the property is rented at $650/month on a month-to-month lease, offering flexibility and the opportunity to adjust rent to current market rates. With consistent cash flow, tenant stability, and room for value growth, this property is an excellent addition to any investor’s portfolio.
Sold for $220,000
$220,000
1601 NW 22nd St, Oklahoma City, OK 73106
3beds
2,344sqft
Triplex
Built in 1927
-- sqft lot
$263,100 Zestimate®
$94/sqft
$1,460 Estimated rent
Home value
$263,100
$208,000 - $329,000
$1,460/mo
Zestimate® history
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$1,483/mo
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Zillow last checked:
Listing updated:
Listed by:
Taylor Davis 405-435-5284,
Brick and Beam Realty,
Suzy Trimble 405-413-5709,
Brick and Beam Realty
Bought with:
Tiara Bollman, 172956
LRE Realty LLC
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1196045
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Number of fireplaces: 2
- Fireplace features: Decorative
Interior area
- Total structure area: 2,344
- Total interior livable area: 2,344 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,000 Square Feet
- Features: Corner Lot
Details
- Parcel number: 1601NW22nd73106
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Brick
- Foundation: Conventional
- Roof: Composition
Condition
- Year built: 1927
Community & HOA
Location
- Region: Oklahoma City
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $261,515
- Annual tax amount: $3,394
- Date on market: 10/16/2025
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Sold | $220,000-13.2%$94/sqft |
Source:  MLSOK/OKCMAR as distributed by MLS GRID #1196045 Report a problem | ||
| 10/27/2025 | Pending sale | $253,500$108/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1196045 Report a problem | ||
| 10/16/2025 | Listed for sale | $253,500-0.6%$108/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1196045 Report a problem | ||
| 10/9/2025 | Listing removed | $255,000$109/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1178824 Report a problem | ||
| 8/24/2025 | Price change | $255,000-7.3%$109/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1178824 Report a problem | ||
| 7/16/2025 | Price change | $275,000-8.3%$117/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1178824 Report a problem | ||
| 7/8/2025 | Listed for sale | $300,000+185.7%$128/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1178824 Report a problem | ||
| 8/1/2016 | Sold | $105,000+560.4%$45/sqft |
Source: Public Record Report a problem | ||
| 11/10/1999 | Sold | $15,900$7/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #10986 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,535 +4.2% | $28,765 +5% |
| 2024 | $3,394 +5.9% | $27,396 +5% |
| 2023 | $3,205 +6.6% | $26,092 +2% |
| 2022 | $3,008 +70.6% | $25,568 +70.7% |
| 2021 | $1,762 +3.8% | $14,974 +5% |
| 2020 | $1,698 +33.3% | $14,261 +5% |
| 2019 | $1,274 +5% | $13,582 +5% |
| 2018 | $1,214 -13.1% | $12,936 +5% |
| 2017 | $1,396 | $12,319 +30.8% |
| 2016 | $1,396 +30.7% | $9,416 +5% |
| 2015 | $1,068 +9.8% | $8,967 +5% |
| 2014 | $972 | $8,541 +5% |
| 2013 | -- | $8,134 +5% |
| 2012 | -- | $7,746 +5% |
| 2011 | -- | $7,378 +5% |
| 2010 | -- | $7,027 +5% |
| 2009 | -- | $6,693 +5% |
| 2008 | -- | $6,374 +10.3% |
| 2006 | -- | $5,781 +5% |
| 2005 | -- | $5,506 -84.4% |
| 2004 | $432 | $35,404 +809.4% |
| 2003 | -- | $3,893 -9.8% |
| 2002 | -- | $4,315 +6.8% |
| 2001 | -- | $4,040 +26.1% |
| 2000 | -- | $3,204 +9% |
| 1999 | -- | $2,940 |
Find assessor info on the county website
Neighborhood: Gatewood
Nearby homes
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Nearby schools
GreatSchools rating
- 2/10Moon Middle SchoolGrades: 5-8Distance: 0.4 mi
- 1/10Douglass High SchoolGrades: 9-12Distance: 3.7 mi
- 7/10Eugene Field Elementary SchoolGrades: PK-4Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Eugene Field ES
- Middle: Moon MS
- High: Douglass 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.
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Estimated market value
$263,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$263,100
- Oklahoma
- Oklahoma County
- Oklahoma City
- 73106
- Gatewood
- 1601 NW 22nd St
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