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2 Beds
2 Baths
1,376 sqft

$265,000

1138 NW 42nd Street, Oklahoma City OK, 73118

Price per sqft$192.59
Built in1920
Property size1,376 sqft
Property typeMulti-family
Courtesy of Sage Sotheby's Realty, Stacia Ranallo Listing Contact: (918) 671-6450

Overview

Active

Listed Oct 7, 2026

Updated 23h ago

Great investment opportunity in a convenient central location near the Western District!This well-maintained duplex offers two 1-bedroom, 1-bath units with strong rental income already in place. The property also provides the opportunity to be purchased as a lot in the case you’d want to build new construction like many homes around it. Major improvements include a new roof in 2021, completed foundation work, new appliances, and fresh paint in various areas offering added peace of mind for the next owner. With a 2021 HVAC on one side, updated interiors, solid rental income, and easy access to many of Oklahoma City’s most popular districts, this property is a great opportunity for an investor looking to add a centrally located income-producing property to their portfolio. One side has been completely updated and is leased for $1,300/month, while the second unit has received partial updates and will be leased for $1,000/month beginning October 15th.

$1,763/mo

Est. mortgage payment based on a $265,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1252656

Interior Features

Bedrooms
2
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$2,481
Tax Frequency
Annually
Association Fee Frequency
Yearly
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Listings courtesy of MLSOK, Inc. as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:16 AM UTC on 10/10/2026. 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.

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