Douglas Place — Oklahoma City, OK
800 NW 49th Street, Oklahoma City, OK 73118
3 BD · 1 BA · 1,240 sq ft · Built 1941
The details
About this home
Situated on a rare 0.24-acre, three lot corner site marking the entrance to highly desirable Douglas Place, this property presents a truly exceptional opportunity to unlock significant value in one of the area’s most sought after neighborhoods. Currently occupied by a long-term tenant who would love to remain, the existing home offers an attractive option for investors seeking immediate rental income and long-term upside. While the property will likely require a full renovation, its potential is substantial...whether you choose to restore and reimagine the existing home, renovate to build equity, or capitalize on the oversized three lot corner site for future development. Zoned R-1 (Urban Low Intensity), with no HOA and no Historic Preservation restrictions, the property offers a level of flexibility rarely found in Douglas Place. The expansive corner lot provides an outstanding opportunity for those looking to create a custom residence or explore future construction possibilities, subject to applicable zoning and city requirements. Whether you’re an investor looking to buy and hold, a renovator searching for your next project, or a buyer envisioning a one-of-a-kind homesite, this property offers multiple paths to value creation. Rare land. Prime location. Exceptional flexibility. Significant upside. Don’t miss this opportunity to invest in the future of Douglas Place.
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.
If this home sells the way similar homes here did
$267,000 – $297,000
89.1% – 99.0% of the $299,900 list price
How we got this
- Similar homes in ZIP 73118 sold for a median 99.0% of their final list price (40 sales).
- 50% of them sold at or above list price.
- They took a median 11 days to go under contract and close. This home has been listed 36 days.
- The price has been reduced once (3.3% 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 $299,900 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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- 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 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?
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Liberty Link Group · licensed insurance agency
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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.
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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
Sold
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Listing provided courtesy of Julie Hoff, KG Realty LLC ((405) 883-1203). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 17, 2026, 11:31 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 Sep 17, 2026, 11:31 PM CT. MLS # 1244124. Homestead & Co is a licensed Oklahoma real estate brokerage.
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