University — Oklahoma City, OK
1601 NW 22nd Street, Oklahoma City, OK 73106
3 BD · 2,344 sq ft · Built 1927
The details
About this home
Calling all investors! This well-maintained property presents a strong investment opportunity with three income-generating units located in the University Addition neighborhood in Oklahoma City. The property is currently producing a total of $2,350/month in rental income, with stable tenants and potential for increased cash flow. The duplex includes: • Unit 1: Rented at $925/month to a long-term tenant who has expressed interest in staying long-term. • Unit 2: Leased at $775/month under a new 12-month agreement, providing immediate income stability. In addition, a detached small house on the property is rented at $650/month on a month-to-month lease, offering flexibility and the opportunity to adjust rent to current market rates. With consistent cash flow, tenant stability, and room for value growth, this property is an excellent addition to any investor’s portfolio.
Price history
History from MLS records since this home was listed.
Monthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $220,000 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 Taylor Davis, Brick and Beam Realty (405-439-9206). Status: Sold.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Dec 29, 2025, 9:01 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 Dec 29, 2025, 9:01 PM CT. MLS # 1196045. 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.
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