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Blanchard, OK Multifamily Home for Sale

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    $374,900

    24600 Oklahoma 76, Blanchard, OK 73010

    Calling all investors. Triplex building in Blanchard-highway frontage. All units are currently rented (month to month). All three units are 2 bedrooms with one bathroom. Unit A -1000sf, B - 1100sf, C - 900sf. All Tile flooring throughout. One water well service all three units. Septic system. Tract 1 sits on 1.7 acres (triplex sits on this tract) and includes two storage sheds. Tract 2 sits on

    Lindsey Bunch LB Realty Group-MB of Oklahoma

    24600 Oklahoma 76, Blanchard, OK 73010

Why Live in Blanchard

Blanchard, Oklahoma, is a small community situated in the Tri-City Area southwest of Oklahoma City, sharing borders with Newcastle and Tuttle. With a population of around 9,000, Blanchard is known for its tight-knit atmosphere, where residents are welcoming to newcomers. The town is gradually expanding as people seek the benefits of living near the capital and Norman, which is 15 miles away, while Oklahoma City is a 30-mile drive. Highways 9 and 62 facilitate commutes, with Highway 62 connecting to Interstate 44 for access to Oklahoma City. The local economy is influenced by the oil industry, though many residents work in nearby urban areas. Blanchard's real estate market features new construction on large lots, with homes ranging from $200,000 to $400,000 and luxury properties in West Blanchard priced between $500,000 and $750,000. Blanchard Public Schools are highly rated, and Blanchard High School recently added the Jody Miller Performing Arts Center. Outdoor enthusiasts can enjoy parks with walking trails and athletic fields, while golfers frequent Winter Creek Golf & Social Club. The community hosts events like the May Daze Festival, Bluegrass Festival, and Mufflers on Main. Downtown Blanchard offers a quaint shopping experience at the Shops at Blanchard Town Square, with additional amenities found in nearby Newcastle. Crime rates in Blanchard are significantly lower than Oklahoma City's, though the area faces wildfire risks that affect the landscape and air quality.

Home Trends in Blanchard, OK

Housing Trends

Median Sale Price
$315,000
Median Single Family Sale Price
$340,000
Average Price Per Sq Ft
$175
Number of Homes for Sale
57
Last 12 months Home Sales
349
Months of Supply
2.00
Median List Price
$353,850
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-6%
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