427 SE 17th St Oklahoma City, OK 73129
Shidler-Wheeler NeighborhoodEstimated payment $1,053/month
Total Views
6,271
3
Beds
3
Baths
1,326
Sq Ft
$121
Price per Sq Ft
Highlights
- Interior Lot
- Fenced
- 1-Story Property
- Bungalow
- Back Yard
- 4-minute walk to Rotary Playground Park
About This Home
Investor Special – Full Duplex with R4 Zoning & Expansion Potential!
Fantastic opportunity just minutes south of Downtown OKC and Scissortail Park! This income-producing full duplex features a total of 3 bedrooms and 3 bathrooms, with strong current cash flow and major value-add potential. Zoned R4 with a large backyard, offering the opportunity to convert into a triplex or fourplex.
Unit A (1 bed, 1 bath) is leased month-to-month at $600/month.
Unit B (2 bed, 2 bath) is leased month-to-month at $660/month.
Both tenants wish to stay, providing built-in stability. Current rents are below market, with upside potential to $700 for Unit A and $850 for Unit B.
One unit has been updated with fresh paint and modern touches—ideal for rental or short-term use.
Recent updates include:
Foundation repair by Triton Foundation
Sewer line and plumbing improvements
Electrical upgrades
New toilet and drywall repairs
Brand-new refrigerator in one unit
Window units (1 year old)
Hot water heaters (2016 & 2017)
Property sold AS IS. Showings for Unit B on Tuesdays and Thursdays only. Please do not disturb tenants. Excellent opportunity for investors seeking cash flow, portfolio expansion, or development in a rapidly growing area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,128
Year Built
- Built in 1983
Lot Details
- 10,498 Sq Ft Lot
- Fenced
- Interior Lot
- Back Yard
Home Design
- Duplex
- Bungalow
- Slab Foundation
- Brick Frame
- Composition Roof
Interior Spaces
- 1,326 Sq Ft Home
- 1-Story Property
- Shelving
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Parking Spaces
- Driveway
Schools
- Cesar Chavez Elementary School
- Capitol Hill Middle School
- Capitol Hill High School
Utilities
- Window Unit Cooling System
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 0004
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,128 | $18,535 | $1,282 | $17,253 |
| 2023 | $2,128 | $17,985 | $1,282 | $16,703 |
| 2022 | $579 | $5,139 | $1,015 | $4,124 |
| 2021 | $550 | $4,895 | $1,282 | $3,613 |
| 2020 | $561 | $4,950 | $1,282 | $3,668 |
| 2019 | $571 | $5,060 | $1,282 | $3,778 |
| 2018 | $381 | $3,362 | $0 | $0 |
| 2017 | $362 | $3,200 | $1,113 | $2,087 |
| 2016 | $345 | $3,048 | $1,060 | $1,988 |
| 2015 | $332 | $2,903 | $1,007 | $1,896 |
| 2014 | $314 | $2,765 | $963 | $1,802 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Price Changed | $159,900 | -3.1% | $121 / Sq Ft |
| 06/24/2025 06/24/25 | For Sale | $165,000 | -2.9% | $124 / Sq Ft |
| 05/11/2022 05/11/22 | Sold | $170,000 | +3.0% | $133 / Sq Ft |
| 04/23/2022 04/23/22 | Pending | -- | -- | -- |
| 04/20/2022 04/20/22 | For Sale | $165,000 | -- | $129 / Sq Ft |
Source: MLSOK
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $170,000 | American Eagle | |
| Warranty Deed | $170,000 | American Eagle | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $45,000 | American Eagle Title Group | |
| Warranty Deed | $24,000 | Capitol Abstract & Title Co | |
| Corporate Deed | -- | Oklahoma Title & Closing Co | |
| Sheriffs Deed | -- | American Guaranty Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $136,000 | New Conventional | |
| Closed | $136,000 | New Conventional | |
| Previous Owner | $83,603 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $36,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $24,275 | Purchase Money Mortgage | |
| Previous Owner | $16,332 | Unknown | |
| Previous Owner | $19,520 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Oklahoma City, OK
Source: MLSOK
MLS Number: 1177291
APN: 098331985
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