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    1615 NW 16Th St Oklahoma City, OK 73106

    For Sale
    $500,000

    Traditional, Duplex - Oklahoma City, OK

    Type:Duplex
    Property size:
    2,974 SF
    Days on Market:
    13
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 1615 NW 16Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    4
    APN
    1615NW16th73106
    Appliances
    Dishwasher, Garbage Disposer, Refrigerator, Washer
    Size
    2,974 SF

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2008
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick, Frame
    Roof type
    Composition
    Architectural style
    New Traditional

    Welcome Home Management Services, LLC (405) 231-2119 x302 [email protected]

    Listing agent Lori Honeycutt (405) 849-9998 License #128641

    Listing date Nov 24, 2025

    MLS# 1192856 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 Duplex Investment

    This income-producing duplex, constructed in 2008, is located steps from the Plaza District. Each unit features 1487 square feet of living space, including 2 bedrooms, 2 bathrooms, and a 2-car attached garage. Garage access is available through an alleyway. Both sides of the duplex are currently rented through 2026 and 2027. A new roof was installed in 2025. The property has a strong rental history with existing tenants, offering an opportunity for immediate cash flow upon closing. The property size is 2974 square feet, and the lot size is 0 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -97.537438
    Latitude
    35.486271

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex near Plaza District with long-term tenants.
    Where is this duplex located?
    The property is located at 1615 NW 16Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Income-producing duplex in a desirable location near the Plaza District.; - Both units are currently rented through 2026/2027, providing immediate cash flow.; - Each unit features **2 beds, 2 baths, and a 2-car attached garage** with alley access.
    (405) 849-9998
    Request Owner's contact information
    1615 NW 16Th St Oklahoma City, OK 73106
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    Oklahoma City, OK 73106
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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
    1615 NW 16Th St Oklahoma City, OK 73106
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