Baumans — Oklahoma City, OK
1946 NW 15th Street, Oklahoma City, OK 73106
4 BD · 3 BA · 2,056 sq ft · Built 1921
The details
About this home
Not your standard MLS investor deal! This one is made of the good stuff! One block from the heart of the Plaza District, this is the kind of investment opportunity that rarely hits the market—three units, rents grounded in current market reality, and clear upside in a rapidly improving area. The front home is a 2 bed, 1 bath with fresh paint, refinished hardwood floors, new mini-split, and brand new gas range/oven. Estimated rent ~$1,200/month. The rear duplex includes two 1 bed/1 bath units that generate $1,500–$1,800/month combined. Both are ready, functional, and rentable as-is, with additional upside through further cosmetic improvements and rent optimization. Duplex includes storage area on bottom floor. With total projected rents around $2,700–$3,000/month, this property checks the boxes for investors targeting the 1% rule and ~10% cap potential—while still leaving room to push returns higher. This is NOT fully maximized!!! Priced with opportunity in mind. Located where demand already exists. This one works for STR, LTR, or mid term rental options.Property is being sold AS-IS.
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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An estimate, not a quote. Rates vary by lender and credit.
Recently sold nearby
Sold
Sold
Sold
Sold
Sold 
Listing provided courtesy of Emily Frosaker, Copper Creek Real Estate (405-888-9902). Status: Sold.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Jun 1, 2026, 10:02 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.
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Data last updated Jun 1, 2026, 10:02 PM CT. MLS # 1224363. Homestead & Co is a licensed Oklahoma real estate brokerage.
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