Listing provided courtesy of Wheeler Realty LLCOklahoma City MLSMLS# 1223385MLS ProviderContact Information: 405-697-0206
  • 80 days on site
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Looking for a home and a long-term investment? This unique Wheeler District property offers the best of both worlds, featuring a fully equipped downstairs apartment paired with a beautifully designed main home above. This setup is perfect for generating rental income, hosting guests, or creating a flexible live-work arrangement. Located among Oklahoma City’s iconic Rainbow Terrace Homes, this property stands out with its charming, colorful streetscape and one-of-a-kind curb appeal, instantly recognizable and loved within the Wheeler community. The upper residence is filled with natural light and thoughtful design, offering an open-concept living space that feels both elevated and inviting. The kitchen shines with ample countertop space and storage, seamlessly connecting to the dining and living areas. Spacious bedrooms and well-appointed bathrooms provide comfort and privacy, while stylish finishes throughout reflect the signature quality you expect in a Wheeler home. Downstairs, the private apartment has its own entrance, making it an incredible opportunity for long-term rental income, short-term stays, or even a home office or studio. Whether you're offsetting your mortgage or building your investment portfolio, this setup gives you options. Located in the heart of Wheeler District, you’re surrounded by parks, walking trails, local shops, and one of OKC’s most active communities. It’s the kind of place where lifestyle and opportunity come together effortlessly. VA Assumable at 2.37% interest rate. Assumption subject to lender approval, buyer qualification, and VA guidelines.

Source: Oklahoma City MLS, MLS#: 1223385

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  • Property Type
    Residential
  • Lot
    0.02 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1837 Wheeler Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/31/2026Source: Oklahoma City MLS Price Reduction
$625,000 -4.6%
4/13/2026Source: Oklahoma City MLS Price Increase
$655,000 7.4%
4/10/2026Source: Oklahoma City MLS Added to Database
April 10, 2026
6/23/2025Source: Oklahoma City MLS Added to Database
June 23, 2025