21 photos coming soon
Carle Colcord — Oklahoma City, OK
1615 NW 1st Street A & B, Oklahoma City, OK 73106
4 BD · 1,926 sq ft · Built 1906
The details
About this home
Why settle for one income stream when you can have two—with the potential for a third? This fully leased, income-producing duplex offers immediate cash flow from day one, plus the rare advantage of SPUD approval for an additional single-family home on the property, creating an exceptional value-add opportunity for future expansion. Whether you’re growing your investment portfolio, completing a 1031 exchange, or looking to house hack by living in one unit while renting the other, this property offers flexibility that’s hard to find. Both units have been thoughtfully updated and feature private entrances and in-unit laundry. The lower unit offers 2 bedrooms and 2 bathrooms, while the upper unit includes 2 bedrooms and 1 bathroom. With established tenants already in place, you can begin collecting rental income immediately without the hassle of finding occupants. Conveniently located near Downtown Oklahoma City, the Historic Farmers Market District, major highways, dining, and entertainment, this property is well positioned in an area experiencing continued growth and strong rental demand. Immediate income. Future expansion. Multiple paths to build wealth. Tenant occupied. Please do not disturb tenants. Showings by appointment only.
Price history
History from MLS records since this home was listed.
Monthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
- Principal & interest
- —
- Property taxes
- —
- Home insurance
- —
- HOA
- —
An estimate, not a quote. Rates vary by lender and credit.
Recently sold nearby
Listing provided courtesy of April Cossey, 405 Home Store (405-627-5236). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Jul 20, 2026, 3:54 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 Jul 20, 2026, 3:54 PM CT. MLS # 1220623. 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.