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    120 SW 22Nd St Oklahoma City, OK 73109

    For Sale
    $200,000

    Contemporary, Triplex - Oklahoma City, OK

    Type:Triplex
    Property size:
    2,684 SF
    Days on Market:
    41
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 120 SW 22Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    120SW22nd73109
    Size
    2,684 SF

    Building Details

    Year built
    1911
    Floors in Building
    1
    Number of units
    3
    Roof type
    Shingle
    Architectural style
    Contemporary

    Spearhead Realty Group, LLC (405) 558-1688 [email protected]

    Listing agent Nickalas Reynolds Tran (405) 493-8144 License #207757

    Listing date Oct 29, 2025

    MLS# 1198264 Listing URL

    Copyright © 2025 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oklahoma City Triplex Investment Opportunity

    This multifamily property in Oklahoma City presents an opportunity to own a stable-performing investment in a centralized location. The property consists of a duplex, with each unit featuring one bedroom and one bathroom, along with a standalone house offering two bedrooms and one bathroom. Situated near downtown Oklahoma City, the Wheeler district, and the upcoming Okana resort, the location provides convenient access to local attractions. One of the units has been updated with new flooring, painting, a renovated kitchen, and new appliances. Additionally, there is a bonus building that offers potential for conversion into an additional half-plex or use as storage space. The current rent roll is approximately $1290, with potential to increase to market rent values, estimated to be over $2300 per month. The units have separate electric meters, and the buildings have separate water meters. The property size is 2684 square feet. This property is fully occupied.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.515355
    Latitude
    35.442724

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    FAQs

    What type of property is this?
    Triplex - Multifamily property near downtown OKC with income potential.
    Where is this triplex located?
    The property is located at 120 SW 22Nd St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - High income potential: Current rent roll of ~$1290 with potential to increase to >$2300/mo.; - Prime location: Near downtown OKC, Wheeler district, and the Okana resort.; - Multifamily property: Includes a duplex and a standalone house.
    (405) 493-8144
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    120 SW 22Nd St Oklahoma City, OK 73109
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    Oklahoma City, OK 73109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 SW 22Nd St Oklahoma City, OK 73109
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