Lincoln Terrace — Oklahoma City, OK
801 East Drive, Oklahoma City, OK 73105
15 BD · 7,188 sq ft · Built 1927
The details
About this home
Incredible opportunity to purchase an occupied and stabilized, 13 unit (13th unit renovation needs to be completed) multi-family property in the heart of Lincoln Terrace Just minutes from the Medical District and State Capitol. 12 units have been tastefully remodeled/updated (approx 250k spent over the last 7 years) and are ready for turn-key operation. There are so many updates it’s hard to list them all: Updated plumbing in 98% of the building, Most electrical panels updated, New Windows in 80% of building, New insulation in attic, New fencing around property, All AC’s except for 2 have been updated, front porches updated with new concrete and fence, New hot water tanks and Remodeled laundry room. The laundry room is an additional income stream to the property. The complex consists of ten 1 bed/1 bath units and two 2 bed/1 bath units. This complex has been nicely modernized while leaving many original features that accentuate its historic charm. Don't miss your chance to add this turn key, income producing property to your portfolio! FINANCIALS AND RENT ROLL AVAILABLE in the supplements. This is a wonderful opportunity, move quickly!
Price history
History from MLS records since this home was listed.
Monthly cost
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Principal, interest, taxes, insurance, and HOA.
Assumes a $1,011,926 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.
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Liberty Link Group · licensed insurance agency
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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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Equal Housing Opportunity.
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Recently sold nearby
Sold
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Sold
Listing provided courtesy of Brian Rush, Bailee & Co. Real Estate (405-650-1450). Status: Sold.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Jun 5, 2026, 10:01 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.
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Data last updated Jun 5, 2026, 10:01 PM CT. MLS # 1214304. Homestead & Co is a licensed Oklahoma real estate brokerage.
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