Helm Farm — Oklahoma City, OK
1138 NW 40th Street, Oklahoma City, OK 73118
3 BD · 3 BA · 2,009 sq ft · Built 1928
The details
About this home
Tour the iconic shipping container Home with prime development potential in Helm Farm at Putnam Heights! The existing home has been thoughtfully renovated, adding modern flare while preserving its historic charm. Abundant natural light highlights the thoughtful interior design. Upstairs, the primary suite features a private balcony, extensive storage, and one of the largest wet room showers in the urban core, offering a spa-like retreat in the heart of the city. The expansive back deck is prime for entertaining. For the three additional available adjacent properties, see MLS #1230826, 1230827, 1230823. All four properties are zoned SPUD, and have already been subdivided (see photos for subdivision)! Homes like this one do not come around often. Located just steps from the thriving Western District, this is a rare opportunity for homeowners, investors, or developers to secure a truly special property in one of the metro's fastest-growing neighborhoods.
Price history
History from MLS records since this home was listed.
How much to offer
Market context, not advice — your agent will help you decide.
The seller has asked that no price estimate be shown for this home. Here is how similar homes nearby sold.
How we got this
- Similar homes in ZIP 73118 sold for a median 100.0% of their final list price (40 sales).
- 57% of them sold at or above list price.
- They took a median 22 days to go under contract and close. This home has been listed 29 days.
- The range spans the middle half of how those sales closed against list price.
Source: MLSOK closed sales in ZIP 73118 with similar bedrooms and size, Jun 2026–Oct 2026 (40 sales). Sale-to-list uses each home's final list price. Condition, upgrades, terms and timing matter as much as price. This is not an appraisal or a valuation of this home.
Talk it through with an agentMonthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $375,000 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
- —
- Property taxes
- —
- Home insurance
- —
- HOA
- —
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.
What will insurance cost on this home?
Get a free homeowners insurance quote from a licensed local agent.
Liberty Link Group · licensed insurance agency
Get a free quote
Liberty Link Group is a licensed Oklahoma insurance agency. A licensed agent will contact you.
A quote is not a policy or a binder. Coverage depends on the insurance company's review.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
Get pre-approved
A local lender can tell you what you can borrow — free, and it does not commit you to anything.
Kurt Swink · Financial Concepts Mortgage
Get pre-approved
Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
This is not a loan application, a rate quote, an offer of credit or a commitment to lend. Loan approval depends on the lender's review.
Equal Housing Opportunity.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
Recently sold nearby
Sold
Sold
Sold
Sold
Sold
Sold
Listing provided courtesy of Rebekah Vezey, Copper Creek Real Estate (405-888-9902). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Jul 8, 2026, 10:58 AM 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 Jul 8, 2026, 10:58 AM CT. MLS # 1230816. Homestead & Co is a licensed Oklahoma real estate brokerage.
Speak to an agent
We got your message
An agent will reach out shortly. Prefer to talk now? Call or text (405) 509-0541.
Get alerts for homes like this
Oklahoma City · $318,000–$432,000 · 2–4 beds · 2–4 baths
We will email you new listings that match, and when one changes price. See homes like this
You are set
You’re all set
Five quick questions
So the agent who helps you already knows where you are. Every one is optional — skip anything you’d rather not say yet.
Keep browsing
See every detail on this home
Tell us who you are to keep viewing listings, photos, and price history.
Already registered? Sign in