Putnam Heights — Oklahoma City, OK
1138 NW 42nd Street, Oklahoma City, OK 73118
2 BD · 1,376 sq ft · Built 1920
The details
About this home
Great investment opportunity in a convenient central location near the Western District!This well-maintained duplex offers two 1-bedroom, 1-bath units with strong rental income already in place. The property also provides the opportunity to be purchased as a lot in the case you’d want to build new construction like many homes around it. Major improvements include a new roof in 2021, completed foundation work, new appliances, and fresh paint in various areas offering added peace of mind for the next owner. With a 2021 HVAC on one side, updated interiors, solid rental income, and easy access to many of Oklahoma City’s most popular districts, this property is a great opportunity for an investor looking to add a centrally located income-producing property to their portfolio. One side has been completely updated and is leased for $1,300/month, while the second unit has received partial updates and will be leased for $1,000/month beginning October 15th.
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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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.
Recently sold nearby
Sold
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Listing provided courtesy of Stacia Ranallo, Sage Sotheby's Realty ((405) 748-0405). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Oct 8, 2026, 10:03 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 Oct 8, 2026, 10:03 PM CT. MLS # 1252656. Homestead & Co is a licensed Oklahoma real estate brokerage.
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