under $150,000 property in Shawnee Oklahoma
$
60,000
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Shawnee, Oklahoma
1111 N Minnesota Ave
2
Beds
2
Baths
1270
Sq Ft
1925
Built

Historic, Garage

1925 Shawnee Home with Garage, Carport, and Storm Shelter — $60,000

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%71925 build, 2 full baths, detached garage, carport, storm shelter; thin description
Condition25%5No system dates, no renovation history; as-is implied; pre-1950 AS-IS exception applied
Price / Sq Ft15%9$47/sqft vs $90 zip median — 48% below; 6 comps, directional signal only
Price vs. Market5%9$60K vs $184,920 median — 68% below; median likely skewed by varied inventory
Market Conditions5%6DOM 29, sale-to-list 96.1%, 43% price drops — clear buyer's market signal

Forty-seven dollars a square foot. That number is what stops you here. The zip median runs $90, and this 1925 house in Shawnee comes in at almost exactly half that. At $60,000 for 1,270 square feet, you are in century-old-home territory at a price that leaves room to actually do something with it.

The house is two bedrooms, two full baths, which is the thing worth pausing on. A lot of houses this age were built with one bath, so the fact that this one has two is a genuine structural advantage, whatever shape they are currently in. The primary bedroom is described as large, and based on the footprint, that tracks. A 1925 build will have a different kind of room proportion than anything built in the last forty years, taller ceilings, thicker walls, the kind of layout where rooms feel like rooms.

Outside, there is a detached garage plus a covered carport, which gives you covered parking for two vehicles and additional storage or workspace. There is also an outdoor storm shelter, which in Oklahoma is a practical feature, not a selling point someone invented.

Now the part you need to hear plainly: there are no system dates, no renovation history, and nothing in the listing suggests this has been updated recently. A house built in 1925 that sells at this price almost certainly needs work. Electrical, plumbing, roof, HVAC, foundation inspection, all of it is a question mark. You would be buying a project, and you should go in budgeting like one. The listing is thin, which means the seller is not hiding behind a long list of upgrades, because there probably are not any.

What $60,000 buys here is the shell of something with genuine age and character, a two-bath layout that was never guaranteed in a house from this era, a practical outdoor setup, and enough room in the price to absorb renovation costs without ending up underwater. That is what makes this worth looking at.

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