427 SE 17th St Oklahoma City, OK 73129
Property details
About 427 SE 17th St
Full duplex for sale!! This versatile property presents a lucrative opportunity for investors seeking to expand their portfolio. Currently functioning as a duplex, this property has the potential to be converted into a triplex, maximizing its rental potential. Located just south of downtown, it boasts a prime location just minutes away from Scissortail Park, offering tenants convenient access to urban amenities and recreational opportunities. The property features a total of 3 bedrooms and 3 baths, with one unit already upgraded with new paint and other enhancements making it a turnkey rental opportunity for the savvy investor. Zoned R4 so up to 4 units can be built, and there is a huge backyard. Unit A is leased for $660 a month is month to month. Unit B is leased month to month at $600. $300 deposit unit A and $400 deposit for unit B. Both tenants would like to stay. Rental rate is currently under market value and should be around $800-850 for the 2 bedroom 2 bath, and $700 for the 1 bed 1 bathroom. Hot water heaters are 2016 and 2017. Foundation repair by Trition Foundation. Plumbing updates, sewer line repair, new toilet, electrical upgrades, dry wall repairs, brand new refrigerator in one of the units. Window units are 1 year old. Whether you're looking to expand your rental income or start your real estate investment journey, this property offers a solid foundation for success. Showings allowed Tuesdays and Thursdays for Unit B. Please do not disturb the tenants. Property sold AS IS.
Highlights
Virtual tour
Summary
- MLS Number: 1143347
- MLS Name: MLSOK
- Office Name: Whittington Realty
- Office Phone: (405) 703-4100
- Listing Agent: Victory Reneau Razavi
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Last updated on: 3/15/2025, 10:14:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$164,900
427 SE 17th St
$1,958
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 24, 2022 | Home Sold | $170,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $17,985 | $2,128 |
2022 | $5,139 | $579 |
2021 | $4,895 | $579 |
2020 | $4,950 | $549 |
2019 | $5,060 | $380 |
2017 | $3,200 | $362 |
History based on county public records data.
Nearby schools
3
Shidler Elementary School
Public District PK-4
0.2 mi
•1415 S Byers Ave
4
Adelaide Lee Elementary School
Public District PK-4
1.3 mi
•424 SW 29th St
3
Cesar Chavez Elementary School
Public District PK-4
1.4 mi
•600 SE Grand Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,889. The majority of Oklahoma City, OK residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
This home is located at 427 SE 17th St in Oklahoma City, OK and zip code 73129 in the Central Oklahoma City neighborhood. This 1,326 square foot home was built in 1983. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $164,900.
While more than 96 listings in Oklahoma City, OK in February 2025 were sold above asking price, there were more than 209 listings sold at asking price, and more than 314 were sold below. The number of homes for sale in Oklahoma City, OK increased by 4.4% between January and February 2025. In February 2025 median list price was $255,037 and the average listing age was 54 days.