9 months on rocket

1316 NW 2nd St, Oklahoma City, OK, 73106

$95,000

0.16 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Lot
MLS #1103837
Lot Size0.16 Acres
StatusActive

About 1316 NW 2nd St

FIVE LOTS NEAR DOWNTOWN!!! Welcome to the future of investment in the vibrant heart of Oklahoma City! Presenting a unique opportunity to own not just one, but five lots in the coveted Iron Work District. Ideally positioned just west of Downtown OKC, and south of Midtown, these lots offer a canvas for your investment dreams. Selling all 5 lots as a portfolio package to include MLS ##1103827, #1103835, #1103837, #1103838 and #1103843; price is per lot. Four of the lots are vacant and cleared, and one lot has an existing home. While the home has been given no value due to its dilapidated condition, it presents a unique advantage. The current long-term renter, on a month-to-month lease, expresses a desire to stay, providing an immediate cash flow rental of $480 per month. This arrangement allows you the flexibility to make plans for the property while enjoying a steady income stream. Imagine the possibilities as you step into the rapidly developing Iron Work District, recognized as one of the last frontiers for expansion from Downtown. Downtown OKC is experiencing a surge in transformation, and this property is perfectly positioned to benefit from the surrounding entertainment hubs, including Beer City Music Hall, Fair Weather Friends Brewery & Taproom, Sunshine Brewery, Jones Assembly, 21c Museum Hotel, West Village, Stonecloud Brewing Company, and more. This is not just an investment; it's a chance to be part of the up-and-coming downtown scene. If you're an astute investor eyeing a strategic location, these vacant lots hold the key to unlocking the full potential of the Iron Work District. Act now and secure your stake in this dynamic and evolving neighborhood.

Property Details

Property Features

Listing Office:

  • Office Name: Chinowth & Cohen
  • Office Phone: (405) 330-0031
  • Listing Agent: Wenona R Jones

Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.16 Acres

Other

Directions Information:

  • Directions: Lot is located on the South side of NW 2nd St just east of intersection of NW 2nd St and McKinley Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000

Tax Information:

  • Annual Amount: $616
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Oklahoma City, OK.

Med. Sold Price

$253.6K

Med. Price/SqFt

$152

Avg. Days On Market

38

# of Sold Homes

646

1316 NW 2nd St vs Oklahoma City

282 DAYS ON ROCKET

+244 Days

$95,000

-$158.6K Less

KEY TAKEAWAY

This property is $158.6K less than the Median Sold Price in Oklahoma City, OK.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLSOK
  • MLS Number: #1103837

Listing Office:

  • Office Name: Chinowth & Cohen
  • Office Phone: (405) 330-0031
  • Listing Agent: Wenona R Jones

IDX Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 3:14:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2019Home Sold
$47,000
Apr 23, 2018Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2020$616$5,170
2019$88$778
2017$88$778

History based on county public records data.

Payment Calculator

$542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1003431
3
/10
  • Eugene Field Elementary School

  • 1515 N Klein Ave

  • 1.02 miles

  • Public District Grades PK-4

school-card-donut-1003432
6
/10
  • Mark Twain Elementary School

  • 2451 W Main St

  • 1.17 miles

  • Public District Grades PK-4

school-card-donut-1003433
4
/10
  • Hawthorne Elementary School

  • 2300 NW 15th St

  • 1.43 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,438. The majority of Oklahoma City, OK residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1316 NW 2nd St

What is the listing price of this property?

The listing price of 1316 NW 2nd St property is $95,000.

What type of property is this?

The property 1316 NW 2nd St is land located in Oklahoma City, Oklahoma, 73106.

Is this property for sale now?

Active Listing: 1316 NW 2nd St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $616 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 19, 2019 for $47,000. (source: MLS/tax record).

How much acreage is this property?

The property 1316 NW 2nd St is 0.16 acres.
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Rocket Homes›Oklahoma›Oklahoma County›Oklahoma City›73106›1316 NW 2nd St

This home is located at 1316 NW 2nd St in Oklahoma City, OK and zip code 73106 in the Central Oklahoma City neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $95,000.

In November 2024 more than 101 listings in Oklahoma City, OK were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 308 were sold below. The number of homes for sale in Oklahoma City, OK decreased by 1.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $253,613.

From Rocket Homes Real Estate and based on county public records data.

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