Deep Deuce

Oklahoma City, OK

Neighborhood Market Analysis

Q3 2025 Report
$519,900 (May 2025 listing); $285,000 (Feb 2025 closed sales); $517,566 (Zillow Home Value Index, Mar 2025)
Median Home Price
85-90 (Very Walkable)
Walkability Score
John Rex Charter: Above average for urban OKC; Classen SAS: Highly rated magnet. Area not known for top suburban-style schools.
School Rating

Location Overview

Neighborhood Boundaries

Generally bounded by NE 4th St (north), Walnut Ave (east), NE 2nd St (south), and N Oklahoma Ave (west). Adjacent to Bricktown and downtown core.

Zip Codes

73104

Market Data Summary

Price RangeRecent sales range from $285,000 to $875,000+ for larger townhomes/condos
Price per Sq Ft$298 (May 2025)
Inventory Levels17 homes for sale in Mar 2025 (up 70% MoM); 11 homes in Feb 2025. Inventory by bedroom: mostly 2-3 bedroom units.

Property Characteristics

Home Types & Architecture

Home Types

CondominiumsTownhomesUrban loftsSome single-family attached homes

Architectural Styles

ContemporaryModern industrialUrban loftHistoric brick (select buildings)

Property Details

Typical Lot SizesMostly zero-lot-line or small lots; multi-family/condo buildings dominate.
Home Age RangeNew construction (2010s-2020s) and renovated historic buildings (1920s-1940s)
Construction QualityGenerally high; many buildings are newer or recently renovated, with upscale finishes and amenities.

Community Profile

Demographics & Lifestyle

Demographics

Predominantly young professionals, singles, and couples; racially and culturally diverse; median age skewed younger than city average.

Community Vibe

Trendy, urban, walkable, arts-focused, and social. Strong sense of local history and revitalization.

Typical Residents

  • Young professionals
  • Empty nesters
  • Urban retirees
  • Investors
  • Some small families

Family Friendly

Moderately family-friendly, but more popular with singles and couples due to urban density and limited yard space.

Amenities & Lifestyle

Parks & Recreation

  • Deep Deuce Park
  • Bricktown Canal trails
  • Nearby Scissortail Park

Dining Options

  • Deep Deuce Grill
  • Urban Johnnie
  • Slaughter's Hall
  • Waffle Champion (nearby)

Shopping Centers

  • No major malls in Deep Deuce; walkable to Bricktown shops and downtown retail

Local Businesses

  • Leaf + Bean coffee
  • Deep Deuce Grill
  • Urban Johnnie
  • Local yoga studios
  • Boutique fitness gyms

Education & Schools

John Rex Charter: Above average for urban OKC; Classen SAS: Highly rated magnet. Area not known for top suburban-style schools.
Overall School Rating

Elementary Schools

  • John Rex Charter Elementary (downtown)

Middle Schools

  • John Rex Middle School

High Schools

  • Classen SAS High School at Northeast (magnet)

Private Schools

  • Heritage Hall (short drive)
  • Casady School (short drive)

Transportation & Accessibility

Transit & Roads

Public Transit

  • EMBARK bus lines
  • Oklahoma City Streetcar (Bricktown stop nearby)

Major Roads

  • NE 4th St
  • Walnut Ave
  • N Oklahoma Ave
  • I-235 (adjacent)

Commute & Walkability

Commute Times5-10 minutes to downtown core; 15-20 minutes to Midtown/Medical District; 20-25 minutes to suburbs.
WalkabilityExcellent for downtown/urban OKC; most errands possible on foot.
ParkingMixed—some buildings have secure parking, but street parking can be limited during events.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Medical/downtown employees
  • Investors (STR/LTR)
  • Empty nesters

Key Selling Points

  • Walkable urban core
  • Modern/updated units
  • Proximity to Bricktown, downtown, and OU Medical
  • Vibrant dining and nightlife

Pricing Considerations

Price competitively due to increased inventory and longer days on market; highlight unique features to justify premium.

Common Objections & Response Strategies

Objection: Noise and nightlife activity

Response Strategy:

Show units with soundproofing, highlight quieter buildings/locations, and emphasize vibrant community benefits.

Objection: Limited parking

Response Strategy:

Point out buildings with secure parking, discuss nearby garages, and highlight walkability/public transit.

Objection: HOA fees

Response Strategy:

Break down amenities covered, compare to suburban maintenance costs, and highlight security/maintenance benefits.

Objection: School quality

Response Strategy:

Emphasize proximity to John Rex Charter and magnet options; position as best fit for buyers prioritizing urban lifestyle.

Investment Insights

Investment Potential

Appreciation Potential

High long-term due to ongoing downtown revitalization, but short-term volatility (recent YoY price swings).

Rental Demand

Strong, especially for furnished units and short-term rentals (proximity to OU Medical, downtown employers).

Buyer Competition

Moderate—inventory up, days on market rising, but unique units still see competition.

Best For

  • Young professionals
  • Investors (rental/STR)
  • Empty nesters seeking urban lifestyle

Potential Concerns

  • Price volatility
  • HOA fees for condos
  • Limited outdoor space
  • Noise from nightlife

Professional Recommendations

1

Emphasize unique urban lifestyle and walkability in all marketing.

2

Prepare buyers for HOA fees and urban living trade-offs.

3

Stay updated on new developments and inventory shifts.

4

Network with local businesses and employers for relocation leads.

5

Stage listings to highlight modern, flexible spaces and views.

Competitive Analysis

Comparable Markets

  • Bricktown
  • Midtown
  • Automobile Alley

Market Positioning

Premium urban neighborhood for professionals and investors seeking lifestyle and convenience.

Competitive Advantages

  • Superior walkability
  • Modern housing stock
  • Proximity to major employers and entertainment

Price Comparison

Priced higher per square foot than most OKC neighborhoods, but lower than Bricktown luxury condos.

Investment Metrics

4.5-6% for long-term rentals; higher for short-term/furnished units
Cap Rates
5-7% gross annual yield typical
Rental Yields
18-22 (favorable for investors seeking appreciation and cash flow)
Price-to-Rent
Positive for well-priced units, especially furnished or short-term rentals
Cash Flow
Moderate to strong over 5+ years, with short-term volatility possible
Appreciation

Buyer Journey Insights

First-Time Buyers

Appealing for those seeking urban lifestyle and low maintenance; may be deterred by HOA fees and limited outdoor space.

Move-Up Buyers

Attractive for buyers upgrading from suburban apartments to urban condos/townhomes with amenities.

Downsizers

Popular with empty nesters seeking walkability and less maintenance; may need to adjust to smaller spaces.

Investors

Strong demand for both long-term and short-term rentals; price volatility creates entry opportunities.

Relocators

Ideal for professionals relocating to work at OU Medical, downtown firms, or tech companies.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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