2509 NW 22nd St · Oklahoma City, OK 73107

$161,333

3 bd · 1.0 ba · 1,233 sqft · SingleFamily public records · 540 Days on market

Built 1934 7,000 sqft lot $131/sqft · 29% below area Est $226k · 29% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +9.9/30.0
• Rent growth +4.3/5.0
• Livability +4.0/5.0
• DSCR +2.8/10.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

Key facts

• Large yard
• Hardwood floors
• Vintage trim

Tags

• ORIGINAL ARCHITECTURAL DETAILS
• HARDWOOD FLOORS
• VINTAGE TRIM
• LARGE YARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $161k.

Deal economics

• At list price, monthly cash flow is $-101 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $144k (11.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $124k (22.9% below list).
• Recommended offer: $124k (22.9% below list) — sets the bar for 1% rule.
• Cap rate 5.5% vs local median 3.7% in Oklahoma City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#3 in OK, #1,635 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F.
• Oklahoma City (urban): math 7% / reading 10% proficiency, ranked #254 of 270 in OK (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+7.3%/yr); 221 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Oklahoma County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 540 days — a 12% lower offer ($142k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 23y ago; this cycle's ask is 12807% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1934 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $124,313 (22.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 540 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. Built in 1934 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 5.54%
• Cash-on-cash: -2.68%
• DSCR: 0.88
• GRM: 10.8

CMA / ARV

• ARV (median comp): $226,279
• List price: $161,333
• Delta: -28.70%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2321 N Youngs Blvd	0.26mi	2/1.0 (-1)	1,216 (-1%)	1mo	$179,000	$147	80
2543 NW 18th St	0.30mi	3/1.0	1,141 (-8%)	3mo	$200,000	$175	71
2560 NW 23rd St	0.13mi	3/1.0	1,407 (+14%)	0mo	$180,000	$128	70
2408 NW 19th St	0.27mi	2/1.0 (-1)	1,340 (+9%)	2mo	$190,000	$142	67
2501 NW 24th St	0.13mi	2/1.0 (-1)	1,071 (-13%)	3mo	$325,000	$303	64
2929 NW 18th St	0.62mi	3/2.0	1,298 (+5%)	0mo	$185,000	$143	58
2921 Cummings Dr	0.48mi	3/1.0	1,382 (+12%)	2mo	$289,000	$209	56
2537 NW 31st St	0.70mi	2/1.0 (-1)	1,197 (-3%)	3mo	$172,000	$144	55
2857 NW 21st St	0.47mi	3/2.0	1,385 (+12%)	1mo	$244,000	$176	52
2244 NW 20th St	0.35mi	2/1.0 (-1)	1,052 (-15%)	2mo	$176,000	$167	52
2600 N Cashion Pl	0.61mi	3/2.0	1,360 (+10%)	3mo	$205,000	$151	48
2316 Cashion Pl	0.65mi	2/1.0 (-1)	1,056 (-14%)	2mo	$110,000	$104	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.29% rent growth · sell at horizon

5-year hold

• IRR: -16.2%
• Equity multiple: 0.40×
• Total profit: $-26,963
• Equity at exit: $24,055

10-year hold

• IRR: -1.8%
• Equity multiple: 0.85×
• Total profit: $-6,647
• Equity at exit: $13,949

Cash invested: $45,173 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 73107

• Rents YoY: 7.3%
• Active inventory: 221
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,243 high
• Mortgage (P&I): −$846
• Tax from tax record: −$170 /mo · $2,035/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $-101

Break-even live

Break-even rent $1,371

Max offer price $143,535

Occupancy floor —

Sensitivity live

Price	-10% $-9	-5% $-55	+0% $-101	+5% $-146	+10% $-192
Rent	-10% $-199	-5% $-150	+0% $-101	+5% $-52	+10% $-3
Rate	-1.0pp $-20	-0.5pp $-60	base $-101	+0.5pp $-143	+1.0pp $-185

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $40,333
• Closing costs: $4,840
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2605 NW 24th St Oklahoma City, OK	2.0	1.0	1300	$1,525	$1.17	3d	1	0.20mi
2748 NW 22nd St Oklahoma City, OK	2.0	1.0	1066	$1,500	$1.41	3d	1	0.27mi
2504 NW 27th St Oklahoma City, OK	2.0	1.0	1303	$1,450	$1.11	45d	1	0.32mi
2236 NW 22nd St Oklahoma City, OK	2.0	1.0	1200	$950	$0.79	22d	1	0.32mi
2502 NW 16th St Oklahoma City, OK	2.0	1.0	780	$1,100	$1.41	45d	1	0.43mi
2854 NW 19th St Unit 2854 Oklahoma City, OK	2.0	1.0	811	$1,280	$1.58	4d	1	0.52mi
2400 NW 30th St Oklahoma City, OK	1.0–2.0	1.0–2.0	801	$1,279	$1.60	3d	11	0.54mi
2400 NW 30th St Oklahoma City, OK	2.0	2.0	1078	$1,289	$1.20	45d	1	0.56mi
2042 NW 25th St Unit 17E Oklahoma City, OK	2.0	1.0	725	$750	$1.03	45d	1	0.58mi
2030 NW 25th St Unit 4 Oklahoma City, OK	2.0	1.0	725	$750	$1.03	45d	1	0.59mi
2030 NW 25th St Unit 17 Oklahoma City, OK	2.0	1.0	725	$750	$1.03	5d	1	0.59mi
2030 NW 25th St Unit 1 Oklahoma City, OK	2.0	1.0	725	$750	$1.03	45d	1	0.59mi
3003 NW 20th St Oklahoma City, OK	2.0	1.0	909	$999	$1.10	45d	1	0.64mi
2024 NW 26th St Oklahoma City, OK	2.0	1.0	947	$1,099	$1.16	45d	1	0.64mi
2132 NW 29th St Unit 2134 Oklahoma City, OK	2.0	1.0	850	$1,000	$1.18	15d	1	0.66mi
2924 Pioneer St Oklahoma City, OK	2.0	1.0	806	$1,125	$1.40	45d	1	0.67mi
1403 N Miller Blvd Oklahoma City, OK	2.0	1.0	1200	$1,100	$0.92	5d	1	0.68mi
3000 NW 27th St Oklahoma City, OK	2.0	1.0	967	$1,095	$1.13	13d	1	0.70mi
3000 NW 27th St Oklahoma City, OK	2.0	1.0	967	$1,095	$1.13	5d	1	0.70mi
2937 Pioneer St Oklahoma City, OK	4.0	2.5	1479	$1,575	$1.06	24d	1	0.71mi
2325 NW 12th St Unit C Oklahoma City, OK	2.0	1.0	736	$899	$1.22	18d	1	0.71mi
2325 NW 12th St Unit D Oklahoma City, OK	2.0	1.0	836	$899	$1.08	45d	1	0.71mi
2319 NW 12th St Unit A Oklahoma City, OK	2.0	1.0	874	$925	$1.06	45d	1	0.72mi
2112 N Drexel Blvd Oklahoma City, OK	4.0	2.0	1443	$1,695	$1.17	45d	1	0.73mi
2004 NW 28th St Oklahoma City, OK	2.0	1.0	1425	$1,195	$0.84	45d	1	0.76mi
2525 NW 11th St Oklahoma City, OK	3.0	2.0	1415	$1,550	$1.10	45d	1	0.77mi
2212 NW 31st St Oklahoma City, OK	2.0	1.0	810	$1,024	$1.26	15d	1	0.77mi
2916 NW 14th St Oklahoma City, OK	2.0	4.0	800	$900	$1.12	3d	1	0.77mi
3109 NW 23rd St Oklahoma City, OK	2.0	1.0	1006	$925	$0.92	45d	1	0.78mi
2004 NW 15th St Oklahoma City, OK	2.0	1.0	982	$975	$0.99	45d	1	0.79mi
2220 NW 32nd St Oklahoma City, OK	2.0	1.0	850	$1,300	$1.53	22d	1	0.82mi
3045 Pioneer St Oklahoma City, OK	2.0	1.0	857	$1,050	$1.23	18d	1	0.83mi
1207 N Ross Ave Unit 1 Oklahoma City, OK	2.0	1.0	850	$880	$1.04	5d	1	0.84mi
2801 NW 11th St Oklahoma City, OK	2.0	1.0	1100	$1,150	$1.05	15d	1	0.85mi
3044 NW 28th St Oklahoma City, OK	3.0	1.0	1030	$1,150	$1.12	3d	1	0.85mi
2136 NW 32nd St Oklahoma City, OK	2.0	1.0	806	$925	$1.15	22d	1	0.86mi
2109 NW 31st St Oklahoma City, OK	3.0	1.0	1289	$1,350	$1.05	3d	1	0.86mi
3024 NW 14th St Oklahoma City, OK	2.0	1.0	924	$895	$0.97	17d	1	0.88mi
3021 NW 13th St Oklahoma City, OK	3.0	1.0	1072	$995	$0.93	24d	1	0.89mi
2100 NW 33rd St Oklahoma City, OK	2.0	1.0	1004	$1,245	$1.24	3d	1	0.96mi

Listing history 44 events

1. 2026-06-21
   days on market $161,333 Active 540 DOM
2. 2026-06-18
   days on market $161,333 Active 537 DOM
3. 2026-06-17
   days on market $161,333 Active 536 DOM
4. 2026-06-16
   days on market $161,333 Active 535 DOM
5. 2026-06-15
   days on market $161,333 Active 534 DOM
6. 2026-06-13
   days on market $161,333 Active 532 DOM
7. 2026-06-09
   days on market $161,333 Active 528 DOM
8. 2026-06-08
   days on market $161,333 Active 527 DOM
9. 2026-06-07
   days on market $161,333 Active 526 DOM
10. 2026-06-05
    days on market $161,333 Active 523 DOM
11. 2026-06-03
    days on market $161,333 Active 522 DOM
12. 2026-06-02
    days on market $161,333 Active 521 DOM
13. 2026-06-01
    days on market $161,333 Active 520 DOM
14. 2026-05-31
    days on market $161,333 Active 519 DOM
15. 2026-05-18
    listed $1,250
16. 2026-04-25
    historical $1,250
17. 2026-04-11
    price $1,250
18. 2026-02-09
    price $1,350
19. 2025-12-29
    status Active 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

20. 2025-12-05
    status Pending 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

21. 2025-11-07
    price $161,333 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

22. 2025-09-01
    listed $2,508
23. 2025-05-02
    price $168,333 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

24. 2025-03-29
    status Active 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

25. 2025-02-20
    price $161,333 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

26. 2025-02-11
    price $163,333 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

27. 2025-01-23
    historical $1,275
28. 2024-12-12
    price $165,333 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

29. 2024-11-25
    listed $169,333 Active 1262-char remark

    Show marketing remark (1262 chars)

    Welcome to this hidden gem in the heart of Oklahoma City! This historic home offers a rare opportunity for buyers with a vision. With tons of built-in equity, this property is ready for someone who wants to roll up their sleeves and restore its timeless charm to its full potential. Featuring original architectural details and character throughout, including hardwood floors, and vintage trim, this home exudes the craftsmanship of a bygone era. The spacious rooms and inviting layout provide the perfect canvas for updating and customizing to your taste. Whether you’re looking to renovate the kitchen, refresh the bathrooms, or modernize the interior, the potential is limitless. Set in a desirable neighborhood with strong property values and a rich history, this home is a fantastic investment for someone looking to gain substantial equity while adding their personal touch. The property also offers a large yard, perfect for outdoor living or expansion. With a little TLC, this historic beauty can become a standout property in the area, making it an ideal project for buyers seeking both a home and an investment. Don’t miss out on this opportunity to turn this diamond in the rough into your dream home! Schedule your showing today!

30. 2024-09-19
    price $1,275
31. 2024-06-25
    listed $1,300
32. 2024-06-15
    historical $1,300
33. 2024-06-12
    listed $1,300
34. 2024-05-26
    historical $1,300
35. 2024-05-21
    listed $1,300
36. 2024-05-09
    historical $1,300
37. 2024-04-23
    listed $1,300
38. 2022-05-10
    soldstatus $142,500
39. 2007-12-19
    historical
40. 2003-09-03
    listed $69,900
41. 2003-05-19
    soldstatus $36,000
42. 2003-04-28
    listed $37,500
43. 1989-10-23
    soldstatus $18,643
44. 1989-07-31
    soldstatus $18,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OK · Resets to sale price

• Current annual tax: $2,035 · $170/mo
• Projected year-2 tax: $2,035 · $170/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,918
• − Mortgage interest: −$9,037
• − Property taxes: −$2,035
• − Insurance: −$807
• − Repairs & maintenance: −$1,193
• − Management: −$1,193
• − Depreciation: −$4,693
• Taxable loss: −$4,041
• Est. tax savings @ 24.0%: +$970
• After-tax cash flow: $-239/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Oklahoma City
• NCES district ID: 4022770
• Math proficiency: 7% ▼ -5.00%
• Reading proficiency: 10% ▼ -6.00%
• Median HH income: $35,606
• Composite: 7.0/100
• National rank: #9970
• State rank: #254 of 270 in OK

Livability — Oklahoma City

• Score: 80/100
• State rank: #3
• US rank: #1635

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment C Housing A+ Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Oklahoma City, OK
• County: Oklahoma County · 771,644 people
• City population: 498,656
• Metro: Oklahoma City, OK
• Population (ZIP): 25,791
• Household income: $56,873
• Rent vs Own: 45.5% rent · 54.5% own
• Severe rent burden: 1210.0

Population outlook (Oklahoma County) Hauer SSP2

• Today (2025): 911,875 people
• By 2030: 982,413 · +7.7%
• By 2040: 1,130,468 · +24.0%
• By 2050: 1,288,422 · +41.3%
• By 2075: 1,711,482 · +87.7%
• By 2100: 2,088,448 · +129.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 47% Hispanic / Latino 37% Two or more races 13% Native American 6% Black 5% Asian 2%
• Hispanic origin (detail): Mexican 22%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 19% · Canada, Vietnam
• Languages at home: 67% English-only · Spanish 30% Vietnamese 1%

Political lean MEDSL · Oklahoma

• 2024 margin: Toss-up / Even · D 48.0% · R 49.7% · Other 2.3%
• 2008→2024 swing: +15.1pp toward D · 2008: -16.8pp · 2024: -1.7pp
• All cycles: 2024: R+1.7 2020: R+1.1 2016: R+10.5 2012: R+16.7 2008: R+16.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -245.03%
• Current HPI: 274.7844
• Rent YoY: ▲ 7.29%
• Metro: Oklahoma City, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Price history

-93.2% since first listed

30 events — show timeline

• 2026-05-18 Listed for Rent $1,250 APPFOLIO
• 2026-04-25 Rental Removed $1,250 APPFOLIO
• 2026-04-11 Price Changed $1,250 APPFOLIO
• 2026-02-09 Price Changed $1,350 APPFOLIO
• 2025-12-29 Relisted — MLSOK
• 2025-12-05 Pending — MLSOK
• 2025-11-07 Price Changed $161,333 MLSOK
• 2025-09-01 Listed for Rent $2,508 APPFOLIO
• 2025-05-02 Price Changed $168,333 MLSOK
• 2025-03-29 Relisted — MLSOK
• 2025-02-20 Price Changed $161,333 MLSOK
• 2025-02-11 Price Changed $163,333 MLSOK
• 2025-01-23 Rental Removed $1,275 APPFOLIO
• 2024-12-12 Price Changed $165,333 MLSOK
• 2024-11-25 Listed $169,333 MLSOK
• 2024-09-19 Price Changed $1,275 APPFOLIO
• 2024-06-25 Listed for Rent $1,300 APPFOLIO
• 2024-06-15 Rental Removed $1,300 APPFOLIO
• 2024-06-12 Listed for Rent $1,300 APPFOLIO
• 2024-05-26 Rental Removed $1,300 APPFOLIO
• 2024-05-21 Listed for Rent $1,300 APPFOLIO
• 2024-05-09 Rental Removed $1,300 APPFOLIO
• 2024-04-23 Listed for Rent $1,300 APPFOLIO
• 2022-05-10 Sold (Public Records) $142,500 Public Records
• 2007-12-19 Listing Removed — MLSOK
• 2003-09-03 Listed $69,900 MLSOK
• 2003-05-19 Sold (MLS) $36,000 MLSOK
• 2003-04-28 Listed $37,500 MLSOK
• 1989-10-23 Sold (Public Records) $18,643 Public Records
• 1989-07-31 Sold (Public Records) $18,500 Public Records

Property tax history

+8.6%/yr

Latest (2025): $2,035 · +3.7% YoY. Source: county tax records.