Sounds like that 600ft charmer is just the kind of place you're talking about for low income. I don't know what you're talking about when you mention this utopian OKC where the rich live among the poor. Neighborhoods rise, and neighborhoods fall. Paseo fell for about 35 years. The arts district combined with fact that there are big plush homes kept high income families in the area while the multi-plexs and small homes deteriorated into flop houses and in the worst cases, squats, and drug/trap houses. Paseo is now on a big rise, in many cases the dirt far exceeds the value of the house, and the question being raised here is what houses can be razed, and what houses benefit more from inexpensive improvements that DO open a gap for modest incomes, and would we rather just let them rot waiting for rare opportunities for people to make less than stellar investments by fixing them out of love, nostalgia, or long term fixer-uppers. These are the same kind of people who dump money into the wrong kinds of classic cars...like a tricked out '78 4 door grand am.
Like I mentioned before there are TONS of multi family in the HP between 36th and 23rd. So many quality duplexes also. And tons of young singles occupy them and add a lot of youth and energy to the hood.
Bad duplexes: like teo's top link to the assessors site- many of the homes on my street, including mine. Were built as microscopic duplexes then converted to singles in the 60s and 70s. The bicycle tree house was actually built as 5 or 6 units. Some consisting of a single bedroom and a shared common area with bathroom for the entire floor. My house was built as mother-in-law with shared bathroom and kitchen. My neighbor's has a converted carriage house that the tennent had to shower in the big(1000ft) house, and sh** in the garage next to the washer/dryer hookups.
Despite the junky houses, the development in the core is causing the paseo properties rise. At the behest of my agent I made an offer on mine sight unseen, for $120 a foot, agent said she could have gotten $150 since it's such a big lot. It was on the market for 2 hours and had 18 showings scheduled for the next day. Not cheap, but compare it to the average price of $500 in MP, but there's an example of a neighborhood that needs the stringent HP code.
Now on to the subject of letting properties rot: the news on the block between 25-24th Dewey-Walker has gone dark for about 2 years now. Does anyone know anything? I'm so tired of looking at them like that. There's actually a gem Of a duplex on Dewey. Which after looking it up, to my surprise it's not owned by the sieber people.
http://www.oklahomacounty.org/assess...TNO=R047242975
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