$495,000
NEW CONSTRUCTION $5K PRICE DROP

Estimated payment $3,232/month

Total Views 107,635
4 Beds
6 Baths
2,242 Sq Ft
$221 Price per Sq Ft

Highlights

  • New Construction
  • Corner Lot
  • Central Heating and Cooling System
  • Contemporary Architecture

About This Home

Fully Leased Newer Construction Duplex Near OU Health & Downtown OKC

This fully leased newer construction duplex generates $3,540/month in rental income ($1,770 per unit) with long-term tenants in place, offering immediate cash flow and strong investment stability. Located just steps from Lincoln Terrace, and within close proximity to OU Health, the downtown medical district, and the emerging Innovation District, this property is positioned in one of Oklahoma City’s fastest-growing areas.

Each unit features 2 bedrooms, 2.5 bathrooms, and a private one-car garage. Thoughtfully constructed with high-end finishes, the interiors showcase oversized quartz countertops, stainless steel appliances, and designer black-and-gold fixtures throughout. Tankless water heaters provide energy efficiency and modern convenience.

The south-facing unit offers scenic views of Devon Tower and the OKC skyline, enhancing its appeal to renters who want both style and location. Situated on a large corner lot, there is potential to add an additional unit or expand, subject to city approval.

With multiple new builds and remodels taking place nearby, this property presents a rare opportunity to own a turnkey, income-producing asset in a rapidly appreciating part of the city.

Listing Agent

Benjamin Tubbs

Keller Williams Realty Elite Listed on: 05/24/2025

Keller Williams Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,485

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Corner Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Thelma R. Parks Elementary School
  • Northeast Middle School
  • Douglass High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 25 & 26 / 005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,485

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Contemporary
  • Property Sub Type: Duplex
  • Land Dimensions: 50 x 140
  • Legal Addition: Gast Heights
  • Property Level: Multi
  • School Junior High: Northeast MS
  • Stories: 2.0000
  • Third Party Comments: Yes
  • Year Built: 2022
  • HistoricalDesignationYN: No
  • PropertyBuildSTATUS: New Home
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Sq Ft: 2242

Exterior Features

  • Construction: Frame
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Total Parking: 2
  • Parking: Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Schools

  • Elementary School: Thelma R. Parks ES
  • High School: Douglass HS

Lot Info

  • Acres: 0.1600
  • Land Sq Ft: 7000
  • Lot Description: Corner

Multi Family

  • Number Of Units: 2

Tax Info

  • Tax Block: 005
  • Tax Lot: 25 & 26

MLS Schools

  • School District: Oklahoma City

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,485 $49,775 $1,270 $48,505
2023 $6,485 $52,800 $1,270 $51,530
2022 $149 $1,270 $1,270 $0
2021 $149 $1,270 $1,270 $0
2020 $241 $2,021 $577 $1,444
2019 $229 $1,925 $785 $1,140
2018 $147 $1,294 $0 $0
2017 $147 $1,293 $758 $535
2016 $140 $1,231 $392 $839
2015 $141 $1,231 $392 $839
2014 $137 $1,200 $392 $808
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $495,000 -0.8% $221 / Sq Ft
06/26/2025 06/26/25 Price Changed $499,000 -0.2% $223 / Sq Ft
05/24/2025 05/24/25 For Sale $500,000 +4.4% $223 / Sq Ft
07/11/2022 07/11/22 Sold $478,900 +0.4% $214 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $476,900 -- $213 / Sq Ft
Source: MLSOK

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- --
Warranty Deed $479,000 Firstitle & Abstract Services
Warranty Deed $355,500 American Eagle
Warranty Deed $355,500 American Eagle
Deed $7,400 None Available
Warranty Deed $10,000 Capitol Abstract & Title Co
Warranty Deed $8,000 American Guaranty Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $359,175 New Conventional
Previous Owner $362,000 Construction
Previous Owner $200,000 Commercial
Previous Owner $9,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Benjamin Tubbs

Keller Williams Realty Elite

(405) 461-5781

Section Image

Benjamin Tubbs is a proud veteran and real estate agent with Keller Williams Realty Elite who services the Choctaw, Nicholas Hills, Oklahoma City, Yukon areas. He provides homebuyers and sellers with professional, responsive, and attentive real estate services. He is an agent who will really listen to what his clients want in a home and knows how to effectively market your home so it sells.

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Source: MLSOK

MLS Number: 1170582

MLSOK

APN: 030192240