Central Park — Oklahoma City, OK
500 NW 33rd Street, Oklahoma City, OK 73118
3 BD · 1 BA · 1,612 sq ft · Built 1920
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The details
About this home
ATTENTION INVESTORS! Now offered at $294,900 with a $5,000 seller credit with an acceptable offer! This Central Park investment opportunity offers two income producing units in a highly desirable central OKC location near Paseo Arts District, Western Avenue and Edgemere Park. Main house offers approx. 1,600 square feet (mol) with 3 beds and 1 bath, and is currently leased through January 31, 2027. Detached garage apartment adds a separate 1 bed, 1 bath unit (approx. 580 sq ft mol), currently leased with a long term tenant on a month to month lease. Washer, dryer, and refrigerator included in both units, reducing upfront costs. Updated garage apartment provides added flexibility. Together, the two units generate $2,600 in monthly rental income, giving an investor immediate cash flow from day one. With established tenants in place, multiple income streams and a new price plus seller credit, this is an opportunity worth another look! Property is occupied — do not disturb tenants.
Price history
History from MLS records since this home was listed.
How much to offer
Market context, not advice — your agent will help you decide.
The seller has asked that no price estimate be shown for this home. Here is how similar homes nearby sold.
How we got this
- Similar homes in ZIP 73118 sold for a median 98.8% of their final list price (40 sales).
- 45% of them sold at or above list price.
- They took a median 20 days to go under contract and close. This home has been listed 195 days.
- The price has been reduced 2 times (16.1% below its original price).
- Homes that sit longer or take price cuts have often sold below list here, so the range leans lower.
Source: MLSOK closed sales in ZIP 73118 with similar bedrooms and size, Jul 2026–Nov 2026 (40 sales). Sale-to-list uses each home's final list price. Condition, upgrades, terms and timing matter as much as price. This is not an appraisal or a valuation of this home.
Talk it through with an agentMonthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $259,900 price, 20% down, 30-year fixed rate at 7.11% (APR 7.11%). 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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- Property taxes
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- Home insurance
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- 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.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Nov 12, 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?
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Liberty Link Group · licensed insurance agency
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A quote is not a policy or a binder. Coverage depends on the insurance company's review.
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Kurt Swink · Financial Concepts Mortgage
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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
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Listing provided courtesy of Kelly D Blundell, Senemar & Associates (405-724-7003). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Nov 9, 2026, 5:13 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 9, 2026, 5:13 PM CT. MLS # 1217083. Homestead & Co is a licensed Oklahoma real estate brokerage.
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