$200,000
3024 North Mckinley Avenue, Oklahoma City, Oklahoma 73118, United States
Historic Military Park bungalow with 2024 kitchen and ADU potential
3
Beds
2
Baths
1,400
Sq Ft
1925
Built
0.172 acres
Lot
1-car detached
Garage
This charming 1925 bungalow at 3024 N McKinley Avenue marries preserved period character with carefully executed recent upgrades. From the wide, welcoming front porch you step into an interior that retains original bungalow details and hardwood floors throughout while offering modern conveniences — a fully renovated kitchen completed in 2024 and a new HVAC system installed in 2023 reduce near-term capital needs and make everyday comfort effortless.
The home’s single-story layout is thoughtful and livable: three bedrooms and two bathrooms are arranged within approximately 1,400 square feet, with a cozy fireplace anchoring the main living area and creating a natural gathering spot. The 2024 kitchen renovation features contemporary finishes and work surfaces that respect the home’s historic lines; combined with intact period trim and flooring, the result feels authentic and updated rather than overhauled.
Outside, the property sits on a deeper-than-average 0.172-acre parcel (approximately 7,500 SF) with 50 feet of frontage on North McKinley Avenue. A level yard, mature trees and a detached 1-car garage plus driveway parking provide flexibility for gardening, outdoor entertaining, or future improvement. R-1 zoning and the detached garage present potential opportunity for an accessory dwelling unit (ADU) conversion for rental income — a strategy many buyers in Military Park are using to maximize value.
Location is a key asset: Military Park offers a compact, walkable neighborhood experience with cultural destinations close by. Oklahoma City University (about 1.2 miles), the Paseo Arts District and Midtown are all short drives, and Will Rogers Park is under two miles away for larger outdoor outings. With solid recent appreciation in the submarket and comparables in the $190k–$210k range, this property represents value for buyers seeking a move-in-ready historic home with modern systems and upside options. Buyers should confirm roof condition, review any historic overlay requirements, and verify permits for past renovations as part of standard due diligence.
Military Park blends historic residential character with easy access to Oklahoma City’s cultural corridors. Tree-lined streets and bungalow architecture are complemented by close proximity to Oklahoma City University, the Paseo Arts District’s galleries and restaurants, and Midtown’s retail. Will Rogers Park offers larger green space and recreational facilities less than two miles away. The neighborhood attracts young professionals and families seeking walkable streets, quick commutes to central neighborhoods, and a community-oriented feel while still benefiting from steady appreciation.
Military Park currently sits in a slightly seller-tilted, balanced market. Inventory is relatively tight at roughly 2.5 months supply, and homes in the neighborhood typically receive offers within about 30 days — a pace that encourages decisive buyers. Median sale prices in the area are near $195,000, with appreciation of roughly 5% over the past year and about 25% over five years. Recent bungalow sales within a half-mile show a price-per-square-foot range of roughly $136–$150 and sales between $190,000 and $210,000, which aligns with a valuation midpoint near $200,000 for a renovated 3BR/2BA of this size.
Single-family bungalows perform strongly here due to demand from young professionals, students, and small families seeking proximity to cultural districts and local parks. Turnkey homes with documented updates (like a 2024 kitchen or 2023 HVAC) tend to attract faster activity and multiple-offer scenarios. For buyers, the present market offers reasonable competition but still opportunities to secure value compared with neighboring submarkets; for sellers, properly staged and documented homes are likely to move quickly. Always confirm recent comparable sales and current inventory before submitting offers.
Wilson Elementary School
Elementary
Moon Middle School
Middle
Douglass High School
High
Very good access to parks and cultural amenities — Will Rogers Park under 2 miles, Paseo Arts District 1.5 miles, and multiple Midtown destinations and greenways within short drives for biking and walking.
3024 North Mckinley Avenue is a 3-bedroom, 2-bathroom bungalow-style home built in 1925 with 1,400 SF of living space on a 0.172-acre lot in Oklahoma City's historic Military Park neighborhood. The property features preserved original bungalow details including hardwood floors and a welcoming front porch, complemented by thoughtful modern updates.
The home received a kitchen renovation in 2024 and a new HVAC system in 2023, addressing two of the most significant capital expenditure items for a property of this age. The 1-car detached garage and generous lot size provide flexibility for additional parking or potential accessory dwelling unit (ADU) development under Oklahoma City's R-1 zoning.
From a valuation perspective, comparable sales in Military Park suggest a current fair market value of $190,000–$210,000, with a midpoint estimate of $200,000 ($143/SF). The owners purchased in 2020 for $150,000, representing approximately 33% appreciation over 6 years. The current assessed value of $170,000 appears below market, which is common in rapidly appreciating neighborhoods.
Military Park continues to be one of Oklahoma City's emerging residential submarkets, with median home values up 25% since 2020 and average days on market of just 30 days. The neighborhood's proximity to Oklahoma City University, the Paseo Arts District, and Midtown drives consistent demand from young professionals and families.
Overall, this property represents a solid value in a strong location with recent updates that reduce near-term maintenance risk. The R-1 zoning with ADU allowance provides additional upside for buyers interested in rental income potential. Key due diligence items include verifying the roof age and condition, confirming any historic overlay restrictions, and reviewing school zone assignments.
Well-maintained bungalow in emerging Oklahoma City neighborhood with recent renovations and below-assessed-value pricing. ADU potential and strong rental market create additional upside. Moderate inventory and steady demand suggest strong resale trajectory.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$190K
Midpoint
$200K
High
$210K
$143/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $170K appears below market.
As of 2026-03-06
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Military Park median home values increased 25% from 2020-2025. Strong demand from young professionals and families. Walkability Rating estimate: 65/100.
Close proximity to Oklahoma City University, Paseo Arts District, and Midtown offers cultural and dining experiences. Will Rogers Park provides recreational opportunities. Penn Square Mall offers extensive shopping options.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$107/SF
Arm's length transaction
$71/SF
Post-recession purchase
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