For Sale
Single family home for sale at 617 NW 88th Street, Oklahoma City, OK 73114 | MLS# 1253538 | Listing updated on 2026-10-14
Photo 1 of Single family home for sale at 617 NW 88th Street, Oklahoma City, OK 73114 | MLS# 1253538 | Listing updated on 2026-10-14
Photo 2 of Single family home for sale at 617 NW 88th Street, Oklahoma City, OK 73114 | MLS# 1253538 | Listing updated on 2026-10-14
Photo 3 of Single family home for sale at 617 NW 88th Street, Oklahoma City, OK 73114 | MLS# 1253538 | Listing updated on 2026-10-14
Photo 4 of Single family home for sale at 617 NW 88th Street, Oklahoma City, OK 73114 | MLS# 1253538 | Listing updated on 2026-10-14
14+
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Street View

$199,999

Monthly Est:$995

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,136sqft

617 NW 88th Street, Oklahoma City, OK 73114

$995/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 1961

  • $-- HOA

  • 10,498 sqft lot

  • $94/sq.ft

Description

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.

  • Houzeo last checked: 1 hour ago
  • Listing updated: October 14, 2026 at 3:03 am
  • Listing Provided by: Soddee Knight (405) 595-0156 | KLC Real Estate LLC (405) 595-0156
  • Source: MLSOK-OK | MLS#: 1253538 MLSOK-OK

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Oklahoma County

  • City

    Oklahoma City

  • Neighborhood

    --

  • Year Built

    1961

  • HOA Fees

    -

  • Finished Area

    2,136 sqft

  • Lot Size

    10,498 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MLSOK

  • MLS Number

    1253538

  • MLS Status

    Active

  • Days on Market

    7

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Cooling

    Electric

  • Heating

    Natural Gas

Construction

  • Year Built

    Year Built: 1961

  • Home type

    Single Family Residence

  • Architectural Style

    Contemporary

  • Construction Materials

    Brick

  • Foundation Details

    Slab

  • Roof

    Shingle

Utilities & Energy

  • Fireplace Features

    None

Other Features

  • Lot Features

    Interior Lot

  • Disclosures

    Exempt

  • Patio And Porch Features

    Porch

Price History

DateEventPrice

07/30/2026

Source: mls_logoMLSOK-OK #OKC1241864

Listed for Sale

$234,999 +17.50%

$110/sqft

07/30/2026

Source: mls_logoMLSOK-OK #OKC1241864

Price Increased

$199,999 +135.29%

$94/sqft

03/20/2024

Source: mls_logoMLSOK-OK #OKC169980

Sold

$85,000

$40/sqft

Nearby Homes

Based on information from the MLSOK through Oct 20, 2026, 09:19AM. This information is not verified for authenticity or accuracy, is not guaranteed, and may not reflect all real estate activity in the market.

This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. We do not attempt to verify the currency, completeness, accuracy, or authenticity of the data contained herein. Information is subject to transcription and transmission errors and is provided “as is”. All information, including but not limited to property square footage and lot size, zoning, and fitness for a particular purpose is subject to inaccuracies and should be independently verified through personal inspection and/or consultation with appropriate professionals. The listing information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective purchasers. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Information last updated on Oct 20, 2026, 09:19AM. © 2026 MLSOK, Inc. All rights reserved.

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