Shields So Okla City — Oklahoma City, OK
113 SE 40th Street, Oklahoma City, OK 73129
2 BD · 1 BA · 884 sq ft · Built 1930
The details
About this home
Investor special! This 1930 Craftsman bungalow in Capitol Hill, south OKC, is ready for its next chapter. Minutes to I-35, I-240, and downtown OKC via Shields Blvd, this is a full-rehab fixer-upper in a great location. It is suited to a flip, BRRRR, rental, or a handy buyer. Not reflected in the listed square footage are an enclosed back porch of approx. 154 sq ft (per county assessor), a 465 sq ft detached garage, and a detached storage shed. The property already has a functional layout with laundry hookups in the enclosed porch, a living room that opens to dining, and both bedrooms on the east side of the home. The exterior has charm: a deep covered front porch with Craftsman gable detail, fully fenced yard with driveway gate, and mature trees shading the property. Foundation is pier-and-beam with crawl space, and the lot is zoned R-2 per City of OKC zoning map (buyer to verify zoning and permitted uses). Cash or hard money only. Property is to be sold strictly as-is. Seller will make no repairs. Buyer to verify all information.
Price history
History from MLS records since this home was listed.
Monthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $40,000 price, 20% down, 30-year fixed rate at 7.24% (APR 7.24%). Includes taxes and insurance; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.
- Principal & interest
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- Property taxes
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- Home insurance
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- HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Oct 29, 2026, via FRED. An average, not a quote.
Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.
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Liberty Link Group · licensed insurance agency
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Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
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Recently sold nearby
Sold
Sold
Sold
Sold
Sold
Sold
Listing provided courtesy of Jessica Thomas, Keller Williams Realty Elite ((405) 948-7500). Status: Sold.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Nov 1, 2026, 12:34 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.
Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.
The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.
Data last updated Nov 1, 2026, 12:34 PM CT. MLS # 1253414. Homestead & Co is a licensed Oklahoma real estate brokerage.
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