Income-Producing Quadplex Opportunity – Perfect for Investors! With the right renters and a little elbow grease, this could be your next Cash Cow!
Discover an exceptional investment opportunity with this income-generating property featuring four updated 1-bedroom, 1-bathroom units—a triplex plus a separate small house all on one lot. Each unit is fully equipped with its own kitchen and bathroom, showcasing modern upgrades, including granite countertops, updated fixtures, and contemporary finishes throughout.
With strong rental potential, this property is ideal for investors looking to expand their portfolio or those seeking a stable, turnkey income property. The configuration offers flexibility—live in one unit and rent the others, or lease all four for maximum returns.
Conveniently located near shops, dining, and transportation, this property is a rare find with long-term growth and cash flow potential. Don’t miss this opportunity to secure a solid addition to your investment portfolio!
For sale
Price cut: $5K (6/19)
$130,000
238 S Oklahoma Ave, Shawnee, OK 74801
4beds
--sqft
Quadruplex
Built in 1940
-- sqft lot
$127,200 Zestimate®
$--/sqft
$-- HOA
What's special
Modern upgradesUpdated fixturesGranite countertops
- 225 days |
- 232 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
April Jones 405-623-5721,
C21/Golden Key Realty
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1195702
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has fireplace: No
Property
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 7,000 Square Feet
- Features: Zero Lot Line
Details
- Parcel number: 238SOklahoma74801
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Frame
- Foundation: Conventional
- Roof: Composition
Condition
- Year built: 1940
Community & HOA
Location
- Region: Shawnee
Financial & listing details
- Tax assessed value: $99,225
- Annual tax amount: $1,168
- Date on market: 12/4/2025
Estimated market value
$127,200
$121,000 - $134,000
$729/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $130,000-3.7% |
Source:  MLSOK/OKCMAR as distributed by MLS GRID #1195702 Report a problem | ||
| 6/1/2026 | Price change | $135,000-3.6% |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1195702 Report a problem | ||
| 5/30/2026 | Price change | $140,000-3.4% |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1195702 Report a problem | ||
| 5/4/2026 | Price change | $145,000-2% |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1195702 Report a problem | ||
| 12/28/2025 | Price change | $148,000-1.3% |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1195702 Report a problem | ||
| 12/4/2025 | Listed for sale | $150,000+66.7% |
Source: MLSOK/OKCMAR as distributed by MLS GRID #1195702 Report a problem | ||
| 3/14/2022 | Sold | $90,000 |
Source: MLSOK/OKCMAR as distributed by MLS GRID #991728 Report a problem | ||
| 1/18/2022 | Pending sale | $90,000 |
Source: MLSOK/OKCMAR as distributed by MLS GRID #991728 Report a problem | ||
| 1/16/2022 | Listed for sale | $90,000+55.2% |
Source: MLSOK/OKCMAR as distributed by MLS GRID #991728 Report a problem | ||
| 10/14/2011 | Listing removed | $58,000 |
Source: Century 21 Golden Key Realty #54355 Report a problem | ||
| 7/21/2011 | Price change | $58,000-10.8% |
Source: Century 21 Golden Key Realty #54355 Report a problem | ||
| 6/27/2011 | Price change | $65,000-9.7% |
Source: Century 21 Golden Key Realty #54355 Report a problem | ||
| 5/18/2011 | Price change | $72,000-5.3% |
Source: Century 21 Golden Key Realty #54355 Report a problem | ||
| 4/15/2011 | Listed for sale | $76,000 |
Source: Century 21 Golden Key Realty #54355 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,217 +4.2% | $11,907 +5% |
| 2024 | $1,168 +3.5% | $11,340 +5% |
| 2023 | $1,128 +49% | $10,800 +46.3% |
| 2022 | $757 +1.8% | $7,382 |
| 2021 | $744 -0.3% | $7,382 |
| 2020 | $746 -3.3% | $7,382 |
| 2019 | $771 | $7,382 +1.6% |
| 2018 | $771 +10% | $7,269 +4.6% |
| 2017 | $701 +3.8% | $6,947 +5% |
| 2016 | $675 +7.1% | $6,617 +5% |
| 2015 | $630 -10.5% | $6,302 -10.4% |
| 2014 | $704 -0.4% | $7,035 |
| 2013 | $707 -1% | $7,035 |
| 2012 | $714 -1.1% | $7,035 |
| 2011 | $722 | $7,035 |
| 2010 | -- | $7,035 |
| 2009 | -- | $7,035 |
| 2008 | -- | $7,035 |
| 2007 | -- | $7,035 |
| 2006 | -- | $7,035 +315% |
| 2005 | $163 | $1,695 |
| 2004 | $163 -0.2% | $1,695 |
| 2003 | $164 +0.8% | $1,695 |
| 2002 | $162 | $1,695 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 74801
Nearby schools
GreatSchools rating
- 4/10Horace Mann Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Shawnee Middle SchoolGrades: 6-8Distance: 3.4 mi
- 4/10Shawnee High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Horace Mann ES
- Middle: Shawnee MS
- High: Shawnee 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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A local agent can set up tours, give advice and negotiate with sellers.
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