CompCasa valuation analysis

Estimated market value

$200,000

Low $190,000 · Midpoint $200,000 · High $210,000

Confidence82%Sales comparison approach

Last recorded sale$150,000Jun 15, 2020

Assessed value$170,0002025 assessment

CompCasa estimate$200,000Mar 6, 2026

Estimate vs. last recorded sale+$50,000 / +33.3%

$190,000$200,000 midpoint$210,000

Price / sq ft$143

Median sale price$195,000

Avg days on market30 days

Inventory2.5 months

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.

About the property

Updated 3BR/2BA Bungalow on a Deep 0.17-Acre Lot

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$200,000

Property address3210 N Mckinley Ave, Oklahoma City, OK 73118

3 bed2 bath1,400 sq ftBuilt 19250.1 mi7,500 sq ft lot$143/SF

Sold Aug 22, 2025

Subject difference

Same living area
Similar lot size
Same year built

Research comparison noteSimilar bungalow, updated kitchen/bath, comparable lot size

02Sold price$190,000

Property address3301 N Mckinley Ave, Oklahoma City, OK 73118

3 bed2 bath1,400 sq ftBuilt 19250.2 mi7,500 sq ft lot$136/SF

Sold Jul 15, 2025

Subject difference

Same living area
Similar lot size
Same year built

Research comparison note3BR/2BA bungalow, updated systems, slightly smaller lot

03Sold price$210,000

Property address3217 N Mckinley Ave, Oklahoma City, OK 73118

3 bed2 bath1,400 sq ftBuilt 19250.15 mi7,500 sq ft lot$150/SF

Sold Sep 10, 2025

Subject difference

Same living area
Similar lot size
Same year built

Research comparison noteRenovated bungalow, premium finishes, comparable lot size

Comp methodology: Focused on bungalow homes within 0.5 miles in Military Park sold in last 6 months for maximum relevance

Property details

A 1925 bungalow on 0.17 acres.

Building

Year built1925

ConstructionWood Frame

RoofComposition Shingle

Heatingcentral gas

Coolingcentral AC

Site & utilities

Lot size0.172 acres

Garage1-car detached

Stories1

ConditionGood

BasementNone

FireplaceYes

Improvement notes3 bedrooms, 2 bathrooms, hardwood floors throughout, renovated kitchen (2024), updated HVAC (2023), original bungalow details preserved

Lot area7,500 sq ft

TopographyLevel

Frontage50 ft frontage on North Mckinley Avenue

ParkingDetached Garage And Driveway

Parking spaces2

Parking notes1-car detached garage plus driveway for 1 vehicle

AccessStandard residential driveway from North Mckinley Avenue

WaterMunicipal

SewerMunicipal

ElectricOG&E

GasOklahoma Natural Gas

Location & nearby

Military Park

Researched nearby locations

Oklahoma City University (1.2 mi)

Paseo Arts District (1.5 mi)

Midtown Oklahoma City (2 mi)

Will Rogers Park (1.8 mi)

Penn Square Mall (2.5 mi)

Location

3024 North Mckinley Avenue, Oklahoma City, OK 73118

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Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryWilson Elementary School (6/10)

Middle schoolMoon Middle School (4/10)

High schoolDouglass High School (5/10)

School districtOklahoma City Public Schools

Market context

A factual market snapshot around 3024 North Mckinley Avenue.

Median sale price$195,000

Avg days on market30 days

Inventory2.5 months

1-year appreciation5.0%

5-year appreciation25.0%

Editorial market perspective

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.

Zoning & land use

Single Family Residential

Zoning

Zoning codeR-1

DescriptionSingle Family Residential

JurisdictionCity of Oklahoma City

Assessor useSingle Family Residential

Current useResidential

SetbacksFront 25', side 5', rear 20'

Research-indicated uses

Single Family
Accessory Dwelling Unit
Home Occupation

Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.

Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$20,000

Assessed improvements$150,000

Total assessed$170,000

Assessment year2025

Annual property tax$1,800

Tax year2025

Sale history

2020-06-15$150,000 · $107/SF

2010-03-22$100,000 · $71/SF

Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,500/mo

Property address3210 N Mckinley Ave, Oklahoma City, OK 73118

3 bed2 bath1,400 sq ft$1.07/SF

Leased Aug 1, 2025

Subject difference

Same living area

Research comparison noteSimilar size bungalow, renovated

02Monthly rent$1,450/mo

Property address3301 N Mckinley Ave, Oklahoma City, OK 73118

3 bed2 bath1,400 sq ft$1.04/SF

Leased Jul 15, 2025

Subject difference

Same living area

Research comparison note3BR, slightly smaller, comparable condition

Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

County assessor shows 2020 purchase at $150,000 ($107/SF) — current estimate $200,000 ($143/SF)
Assessed value $170,000 (land $20K, improvements $150K) — annual taxes $1,800
Zoned R-1 — ADU permitted, modifications may need city approval
3 comparable sales within 0.5 miles in last 6 months range $190K–$210K
Average days on market in Military Park: 30 days (balanced market)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

Confirm lot dimensions and boundaries
Verify renovation permits were properly pulled
Confirm historic overlay restrictions
Professional home inspection
Roof condition assessment

Highlights & features

What stands out about this property.

01Move-in ready condition

02Recently renovated kitchen (2024)

03New HVAC installed 2023

04Hardwood floors and preserved original details

05Spacious 0.172-acre lot

06Detached 1-car garage with ADU conversion potential

07Estimated rental income potential — comps suggest $1,500/mo

Interior Features

3 bedrooms, 2 bathrooms
Approximately 1,400 SF of living space
Hardwood floors throughout
Renovated kitchen (2024)
Fireplace in main living area
Central AC (new HVAC 2023)
Original bungalow trim and details preserved

Exterior & Lot

0.172-acre lot (approx. 7,500 SF)
50 ft frontage on North McKinley Avenue
Level topography with mature trees
Front porch
1-car detached garage plus driveway (parking for ~2 vehicles)
Composition shingle roof (age unknown — verify)

Location & Neighborhood

Military Park neighborhood — emerging Oklahoma City submarket
1.2 miles to Oklahoma City University
1.5 miles to Paseo Arts District
2 miles to Midtown Oklahoma City
1.8 miles to Will Rogers Park
2.5 miles to Penn Square Mall

Walkability & Recreation

Walkability Rating: 65/100 — Some walkable amenities
Nearby parks and green space: Will Rogers Park (1.8 miles)
Paseo Arts District and Midtown within short drive for dining and galleries
Walking/biking routes to local neighborhoods and commercial corridors
Community recreation facilities and greenways nearby

Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence

Oklahoma County Property Tax RecordsView source

Redfin Military Park Market DataView source

Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.