Crocker Young — Oklahoma City, OK
3809 SW 40th Place, Oklahoma City, OK 73119
2 BD · 1 BA · 1,004 sq ft · Built 1955
The details
About this home
Priced for Profit: 2-Bedroom in SW Oklahoma City - 3809 SW 40th Place presents a rare combination—major systems already updated with instant equity opportunity still priced in. This 1,004 square foot home on 0.15-acre lot near OCCC and Will Rogers Airport. Critical Systems Already Completed: New sewer plumbing line installed in backyard. Water supply line updated. Electrical system updated throughout. Heater and complete ductwork installed. Water lines under house replaced. These are the big-ticket items that typically kill deals—already done. Property Details: 2 bedrooms, 1 bathroom, 1,004 square feet. Single-story layout built 1955. Partially converted garage provides additional flexible space (bedroom, workshop, office, storage, or potential living area). Roof replaced 2016. 0.15-acre lot (6,534 square feet). What's Reflected in the Price: Cosmetic updates needed throughout. Interior finishes, flooring, paint. Buyer to verify all systems and roof condition. Selling strictly as-is. Location & Access: SW Oklahoma City near South Penn corridor. Minutes from Oklahoma City Community College (OCCC). Quick access to Will Rogers World Airport. Near I-240 and I-44 for commuter convenience. Established neighborhood with solid rental demand. The Opportunity: Major infrastructure investment already completed means your renovation budget goes toward value-add improvements, not foundation problems with the exception of the AC which is not working at this time. The expensive work is done—plumbing, electrical, Heater replaced. Now add your finishes, force equity, rent or flip. Investment Metrics: Sold as-is to qualified buyers ready to capitalize.
Price history
History from MLS records since this home was listed.
Monthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $70,000 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
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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.
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.
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Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
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Listing provided courtesy of Shannon Stiger-Monahan, KW Summit (405-691-2556). Status: Sold.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Nov 25, 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 Nov 25, 2025, 9:01 PM CT. MLS # 1201152. Homestead & Co is a licensed Oklahoma real estate brokerage.
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