Oklahoma City, OK 73127
1129 N Purdue Avenue, Oklahoma City, OK 73127
4 BD · Built 1935
The details
About this home
Excellent opportunity to own a 100% occupied four-unit investment property generating $2,938 per month ($35,256 annually) in gross rental income. This well-maintained property offers immediate cash flow with a desirable mix of lease stability and flexibility. Current lease structure includes one lease in place through March 1, 2027, while the remaining three units are on month-to-month agreements, providing a new owner the opportunity to adjust rents to market over time. Property highlights include: 100% occupied Gross monthly income: $2,938 Annual gross income: $35,256 Three month-to-month tenants One lease through 3/1/2027 Storage income included in current rents Convenient location with easy access to shopping, dining, schools, and major highways Perfect opportunity for investors looking for immediate cash flow with future upside. Please note that there is a 24-hour notice needed for showings.
Price history
History from MLS records since this home was listed.
Monthly cost
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Principal, interest, taxes, insurance, and HOA.
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An estimate, not a quote. Rates vary by lender and credit.
Recently sold nearby
Sold
Sold
Sold
Sold
Sold
Sold 
Listing provided courtesy of Jeremy Dugas, Modern Abode Realty ((405) 657-2525). Status: Sold.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Aug 13, 2026, 10:02 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Data last updated Aug 13, 2026, 10:02 PM CT. MLS # 1237345. Homestead & Co is a licensed Oklahoma real estate brokerage.
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