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Listed by Stacia Ranallo • Sage Sotheby's Realty
$ 625,000
Est. payment /mo
New
440 NW 28th ST Oklahoma City, OK 73103
7 Beds
6 Baths
3,884 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type More Than 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,884 sqft
Price per Sqft $160
MLS Listing ID OKC1204476
Style Craftsman,Other
Bedrooms 7
Full Baths 5
Half Baths 1
Construction Status Brick & Frame
Year Built 1925
Annual Tax Amount $3,880
Lot Size 7,279 Sqft
Property Sub-Type More Than 4 Units
Property Description
Discover a rare investment opportunity in the vibrant Paseo District, one of Oklahoma City's most beloved and high-demand neighborhoods. This unique property includes both a single-family home and an updated four-plex, offering exceptional flexibility for investors, owner-occupants, or anyone looking to house hack in a prime location. Situated directly across from the iconic Frida restaurant, the property sits in an unbeatable spot for access, tenant appeal, and long-term appreciation. The rental income averages at $5,400 per month. The single family previously rented out at $2,050 per month and 4-plex units are currently averaging between $800-$900 per unit per month. The single family home was recently made vacant in order for the new owner to either house hack and live in the home OR rent it out for a higher amount than it was previously rented for. The 4-plex is fully occupied. The owner currently pays water, sewer, trash, and Wi-Fi for the fourplex as well as lawn care for the house. The single family home is separately metered and can pay for their own utilities.
Water/sewer/trash cost is roughly $150 per month. The property has had extensive renovations across both buildings, including new cabinets, refinished floors, fresh paint, updated drywall, new appliances, modern countertops, updated light fixtures, repaired windows, and fully remodeled bathrooms. All mini-split systems are less than three years old, with one installed within the past year. The single-family residence offers 3 bedrooms and 1.5 baths, while each unit in the four-plex features 1 bedroom and 1 bath. Turnkey, income-producing, and positioned in one of the most desirable areas of Oklahoma City, this property is a rare find with exceptional potential for both immediate returns and long-term growth. Showings can be setup between 1:30-4:30 this Thursday, December 4th.
Water/sewer/trash cost is roughly $150 per month. The property has had extensive renovations across both buildings, including new cabinets, refinished floors, fresh paint, updated drywall, new appliances, modern countertops, updated light fixtures, repaired windows, and fully remodeled bathrooms. All mini-split systems are less than three years old, with one installed within the past year. The single-family residence offers 3 bedrooms and 1.5 baths, while each unit in the four-plex features 1 bedroom and 1 bath. Turnkey, income-producing, and positioned in one of the most desirable areas of Oklahoma City, this property is a rare find with exceptional potential for both immediate returns and long-term growth. Showings can be setup between 1:30-4:30 this Thursday, December 4th.
Location
State OK
County Oklahoma
Interior
Fireplace N
Exterior
Roof Type Composition
Building
Lot Description Corner Lot
Story 2
Foundation Combination
Architectural Style Craftsman, Other
Structure Type Brick & Frame
Construction Status Brick & Frame
Schools
Elementary Schools Wilson Es
Middle Schools Moon Ms
High Schools Douglass Hs
School District Oklahoma City
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