Situated on a rare 0.24-acre, three lot corner site marking the entrance to highly desirable Douglas Place, this property presents a truly exceptional opportunity to unlock significant value in one of the area’s most sought after neighborhoods. Currently occupied by a long-term tenant who would love to remain, the existing home offers an attractive option for investors seeking immediate rental income and long-term upside. While the property will likely require a full renovation, its potential is substantial...whether you choose to restore and reimagine the existing home, renovate to build equity, or capitalize on the oversized three lot corner site for future development. Zoned R-1 (Urban Low Intensity), with no HOA and no Historic Preservation restrictions, the property offers a level of flexibility rarely found in Douglas Place. The expansive corner lot provides an outstanding opportunity for those looking to create a custom residence or explore future construction possibilities, subject to applicable zoning and city requirements. Whether you’re an investor looking to buy and hold, a renovator searching for your next project, or a buyer envisioning a one-of-a-kind homesite, this property offers multiple paths to value creation. Rare land. Prime location. Exceptional flexibility. Significant upside. Don’t miss this opportunity to invest in the future of Douglas Place.
Based on the average sale price from the Norman, OK office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
800 Nw 49th Street Oklahoma City, OK is a Single Family Home for sale at $299900 with 1240 sqft and a lot size of 0.241 Acres Acre(s). 800 Nw 49th Street Oklahoma City has 3 bedrooms, 1 baths and was built in 1941. The property's zip code is 73118 which is in Oklahoma City, OK
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.