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1946 NW 15th Street, 
Oklahoma City, OK 73106

$265,000


4

Beds


3

Baths


2,056

Sq Ft


Multi-Family

Pending

Listed by

Emily Frosaker

Copper Creek Real Estate

405-888-9902

Last updated:

April 24, 2026, 07:33 AM

MLS#

1224363

Source:

OK OKC

About This Home

1946 NW 15th Street

Not your standard MLS investor deal! This one is made of the good stuff! One block from the heart of the Plaza District, this is the kind of investment opportunity that rarely hits the market—three units, rents grounded in current market reality, and clear upside in a rapidly improving area. The front home is a 2 bed, 1 bath with fresh paint, refinished hardwood floors, new mini-split, and brand new gas range/oven. Estimated rent ~$1,200/month. The rear duplex includes two 1 bed/1 bath units that generate $1,500–$1,800/month combined. Both are ready, functional, and rentable as-is, with additional upside through further cosmetic improvements and rent optimization. Duplex includes storage area on bottom floor. With total projected rents around $2,700–$3,000/month, this property checks the boxes for investors targeting the 1% rule and ~10% cap potential—while still leaving room to push returns higher. This is NOT fully maximized!!! Priced with opportunity in mind. Located where demand already exists. This one works for STR, LTR, or mid term rental options.Property is being sold AS-IS.

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1921

Price Summary

265,000

$128 per Sq. Ft.

MLS #:

1224363

Last Updated:

April 24, 2026, 07:33 AM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,056 Sq. Ft.


Structure

Structure

Architectural Style:

Bungalow, Ranch

Building Area:

2,056 Sq. Ft.

Year Built:

1921


Lot

Lot Size (Sq. Ft):

7,000


Finances & Disclosures

Finances

Price:

$265,000

Price per Sq. Ft:

$128 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.