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Residential Land with Home for Sale in Oklahoma City, Oklahoma

2501 N Walnut Ave, Oklahoma City, OK 73105

$549,000
2.16 acres
Active
$51k drop
Est $2,916/mo

Huge price adjustment - now offered at $549,000 for 2.16 acres in the heart of OKC.

A rare 2.16-acre tract in the heart of Oklahoma City, just blocks from the State Capitol and the growing Capitol/Medical District. Zoned R-1 single family, this property offers one of the largest remaining parcels in the area -- a unique opportunity for those seeking a site with history, scale, and future potential. The property includes a 1910 farmhouse with garage and shop, both with electricity. While the home reflects the character of a pioneer homestead, the value here lies in the land itself. With the city built up around it, the setting blends mature trees, open acreage, and proximity to the core of OKC. Recent improvements include structural work on the residence and a newer roof and upstairs HVAC. The home is not on historic preservation rolls, leaving flexibility for future vision. With direct access to major corridors and close proximity to downtown, OU Health, and the Innovation District, this site offers location, scale, and possibilities that are rarely available. Whether your vision is a private estate, a long-term investment, or a new project in one of the city's most strategic locations, this property represents a legacy opportunity. Acreage of this size in the heart of Oklahoma City is a rare find. The 1910 farmhouse remains on site, though the value is in the land itself. Please note: property condition may limit financing options.

3,528
Sq feet
5
Beds
2
Full baths
1910
Built

Location

Street address
2501 N Walnut Ave
School district
Oklahoma City
Elevation
1,212 feet
Coordinates
35.4957, -97.5082

Directions

North on N Walnut Ave. from NE 23rd St. Home is on the West side of the road.

Property details

Acreage
2.16 acres
MLS #
OCMAR 1185334
Posted

Property taxes

Recent
$2,708

Parcels

  • 2501NWalnut73105

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Keller Williams Realty

Exterior

Outdoor Spaces
Deck
Features
Corner Lot, Deck-Open

Structure

Style
New Traditional
Heating
Central, Natural Gas
Cooling
Central Air, Electric
Materials
Frame
Roof
Composition

Interior

Rooms
Bathroom x 2, Bedroom x 5
Flooring
Wood
Appliances
Range

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected

Nearby schools

NameLevelDistrictDescription
M.L. King Jr. ESElementaryOklahoma City
Classen MS of Advanced StudiesMiddleOklahoma City
Classen HS of Advanced StudiesHighOklahoma City

Listing history

DateEventPriceChangeSource
Nov 25, 2025Price drop$549,000$51,000 -8.5%OCMAR
Aug 28, 2025New listing$600,000OCMAR
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This 2.16-acre property is located at 2501 N Walnut Ave in Oklahoma City, OK 73105. The property is available for sale for $549,000. It has a 3,528 sq ft 5 bedroom, 2 bath house built in 1910.

Checked 25 mins ago — Updated

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