617 NW 88th Street Oklahoma City, OK $ 199,999
617 NW 88th Street
$ 199,999
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617 NW 88th Street

Oklahoma City, OK, 73114
$ 199,999
Bedrooms3 Baths2.0 Sq 2,136

Monthly Estimate*

$ 1,381

617 NW 88th Street, Oklahoma City, OK 73114 - Image 1
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Single Family Home for sale in Oklahoma City, OK

for $199,999 with 3 bedrooms and 2 full baths. This 2,136 square foot home was built in 1961 on a lot size of 0.241.

Unbeatable Cash-Flow Math at $199,999 At the newly slashed price of $199,999 (down from $234,999), the math on this NNN investment isn't just compelling, it's undeniable. You are buying a fully turnkey, zero-headache commercial asset generating a minimum of $36,000/year in base rent on day 1. That’s a 18% gross yield on a sub-$200k purchase price, backed by an established daycare tenant with a proven clientele and 3 years remaining on their 5-year lease. True NNN Lease: The tenant pays 100% of property taxes, property insurance, and operating expenses. Every dollar of rent goes straight to your bottom line. Built-In Growth: Features automatic annual rent escalations, guaranteeing your yield increases every single year above the current $3,000/month baseline. Day-1 Income: Instant, predictable cash flow from an experienced operator with zero ramp-up time or vacancy loss. Zero Looming Capital Expenditures: All major heavy lifting is done for you: Brand-New HVAC: Installed July 2026 New Water Heater: Replaced in 2025 New Roof: To be installed prior to closing at the seller’s expense You are securing a long-term, inflation-hedged income stream with zero major CapEx risk on the horizon for under $200k. Opportunities with this yield profile and structural protection do not last. This is for the sale of the building only. Tenant/daycare pays all expenses including property tax and property insurance, true NNN. Automatic rental escalation (meaning the rent increases each year automatically). The daycare is owned by an experienced operator. This is a established daycare that has been operating for many years with an established clientele. The new building owner will start receiving cash-flow day 1. The new HVAC system was installed July 27, 2026. The water heater was replaced in 2025. The roof will be replaced before closing. 3 years left on the 5 year lease agreement.

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Single Family Active

Price

$ 199,999

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.241

Year Built

1961

Town/City

Oklahoma City

County/Region

Oklahoma

MLS | Web ID

1253538

Features
General
Heating Natural Gas
Cooling Electric
Possession After Close
Roof Shingle
Garage Spaces 0
Architectural Style Contemporary
Construction Materials Brick
Year Built 1961
Property Subtype Single Family Residence
County Oklahoma
Property Type Residential
Total Rooms 0
Full Baths 2
Status Active
Directions The property is located east of Western on the north side of NW 88th St.
High School John Marshall HS
City Oklahoma City
Disclosures Exempt
High School District Oklahoma City
Lot Size Square Feet 10498
Elementary School Britton ES
Home Warranty Y/N N
Middle/Junior High School John Marshall MS
Standard Status Active
Tax Lot 36 THRU 38
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Interior
Total Fireplaces 0
Fireplace Features None
Half Baths 0
Total Bedrooms 3
Total Baths 2
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Exterior
Lot Features Interior Lot
Foundation Details Slab
Lot Size Acres 0.241
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Internal Only
Street Number 1 617
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* Excluded Features
List By
Soddee Knight

Listing Agent

Klc Real Estate Llc

Broker

(405) 595-0156

Phone

Affordability Calculator

$1,381
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,381
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
2528231 Elementary School
2390112 Middle School
John Marshall HS High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$199,999 Listed Price

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617 NW 88th Street, Oklahoma City, OK, 73114 is a Single Family Home for sale at $199,999 with 2,136 sqft and a lot size of 0.241. 617 NW 88th Street has 3 bedrooms, 2.0 baths, and was built in 1961. The property's zip code is 73114 which is in Oklahoma City, OK