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Norman, OK Multifamily Homes & Duplexes for Sale

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  • /24

    $1,390,000

    • 2 Beds
    • 2 Baths
    • 1,170 Sq Ft

    204 E Lindsey St Unit 204, 206, Norman, OK 73069

    Unique/PRIME investment opportunity! 1170 sq ft. / Lot size 6098 sq. Ft. /Two bedroom duplex needs work or rebuild. Closest house to the stadium. One block from Jenkins and Lindsey intersection. Behind Headington Hall diagonally across from the stadium! Airbnb approved.

    Courtney Arnold Ariston Realty LLC

    204 E Lindsey St Unit 204, 206, Norman, OK 73069
  • /5

    $250,000

    • 3 Beds
    • 3 Baths
    • 1,056 Sq Ft

    623 W Acres St, Norman, OK 73069

    Excellent investment property! Or live in one unit and rent out the other two! Excellent cash flow. Two one-bedroom apartments and one studio apartment. Roof replaced in 2023. Windows replaced in 2024. Low maintenance units in good condition. Vinyl siding exterior. Units are easy to rent and have high lease retention. Property is in a desirable part of town, close to shopping and other

    Madanjit Singh Singh Realty

    623 W Acres St, Norman, OK 73069
  • /36

    $485,000

    • 8 Beds
    • 4 Baths
    • 3,792 Sq Ft

    336 Chalmette Dr, Norman, OK 73071

    Rare opportunity to own a well maintained 4 plex which is 100% occupied. Each unit has 2 bedrooms, 1 bath, fireplace, central heat and air, all kitchen appliances, and a large utility room. This is a 2 story building on a large lot. OU is approx 2.5 miles away. Listing broker is the owner of the LLC that owns this home with real estate license #071687. Many more buildings available...see

    Rudy Hymer RJH Realty Investments

    336 Chalmette Dr, Norman, OK 73071
  • /36

    $485,000

    • 8 Beds
    • 4 Baths
    • 3,792 Sq Ft

    1900 Dover St, Norman, OK 73071

    Rare opportunity to own a well maintained 4 plex which is 100% occupied. Each unit has 2 bedrooms, 1 bath, fireplace, central heat and air, all kitchen appliances, and a large utility room. This is a 2 story building on a large lot. OU is approx 2.5 miles away. Listing broker is the owner of the LLC that owns this home with real estate license #071687. Many more buildings available...see

    Rudy Hymer RJH Realty Investments

    1900 Dover St, Norman, OK 73071
  • /21

    $278,000

    • 4 Beds
    • 4 Baths
    • 2,312 Sq Ft

    500 Sinclair Dr Unit 502, Norman, OK 73071

    Great investment opportunity or future owner-occupant property! This well-maintained duplex is tucked away in a quiet cul-de-sac in Norman, OK. Each side features 2 spacious bedrooms and 1.5 bathrooms, offering comfortable living. Enjoy the easy upkeep of no carpet throughout the home, plus the added character of beautiful wooden stairs. Step outside to a private, fenced backyard—perfect for

    Susan Draper Draper Realty LLC

    500 Sinclair Dr Unit 502, Norman, OK 73071
  • /38

    $365,000

    • 4 Beds
    • 3 Baths
    • 1,719 Sq Ft

    306 E Hughbert St Unit 12, Norman, OK 73069

    All units are leased! Prime Investment in Norman’s Old Silk-Stocking Neighborhood! These newly updated multi-family properties feature three rentals. A charming, 2-bed/1-bath cottage and a two-level ADU (Accessory Dwelling Unit) with two spacious studio apartments. The upstairs studio has a wraparound balcony! Four designated parking spaces in back! Walk to downtown Norman’s great restaurants,

    Mark Calhoun RE/MAX First

    306 E Hughbert St Unit 12, Norman, OK 73069
  • /37

    $450,000

    • 8 Beds
    • 8 Baths
    • 4,288 Sq Ft

    2129 Beaumont Dr Unit ABCD, Norman, OK 73071

    Investor Opportunity! Turnkey Rental Property Generating Immediate Income. Well-maintained and recently updated, this rental property is an ideal investment for any portfolio. The spacious layout includes a living room with fireplace, kitchen, dining area, laundry, and a half bath on the main level, with all bedrooms and a full bath located upstairs. The master also features its own fireplace.

    Marcela Guerrero Copper Creek Real Estate

    2129 Beaumont Dr Unit ABCD, Norman, OK 73071
  • /33

    $398,000

    • 5 Beds
    • 3 Baths
    • 1,824 Sq Ft

    414 Ferrill St Unit 416, Norman, OK 73071

    Price improvement!!!INVESTOR ALERT! Triplex Opportunity in Norman, OK 414 Ferrill St, #416, Norman, OK 73071 1,824 sqft | 5 Beds | 3 Baths | 6,098 sqft Lot Multi-Family Home – Three income-generating units under one roof!Strong Rental Potential – Ideal for investors or owner-occupants looking for cash flow.Spacious Living – 1,824 sqft with a large 6,098 sqft lot—plenty

    Runming Lin Black Label Realty

    414 Ferrill St Unit 416, Norman, OK 73071
  • /51

    $2,400,000

    • 15 Beds
    • 15 Baths
    • 8,648 Sq Ft

    207 W Apache St, Norman, OK 73069

    This is a great investment opportunity3-4 blocks from the University of Oklahoma. This beautiful complex boasts five 3 bedroom, 3 full bath, units. Each bedroom is individually leased from August 1st to July 25th each year. The renewal rate for 2025-2026 is $1,050 a bedroom. This investment is a mixture of elegance and open floor plan design. All 5 units have a private balcony. It is a very

    Scott Foster Metro Brokers of OK Foster

    207 W Apache St, Norman, OK 73069
  • /46

    $795,000

    • 16 Beds
    • 5 Baths
    • 5,566 Sq Ft

    3400 Classen Blvd, Norman, OK 73071

    A rare opportunity to own 5 rental homes on approx 1.47 acres of land currently zoned agricultural but should be able to be zoned commercial as the land to the North is C2 and the land to the South is C1. Walmart and many major developments are within 1 mile and this land has approx 250 feet of frontage on HW 9. All 5 homes are leased and are in pretty good shape and have been generally updated.

    Rudy Hymer RJH Realty Investments

    3400 Classen Blvd, Norman, OK 73071

Why Live in Norman

Norman's rich college-town atmosphere centers around the University of Oklahoma, with the iconic Gaylord Family Oklahoma Memorial Stadium drawing thousands for Sooners football games. Lake Thunderbird State Park provides year-round outdoor recreation through boating, fishing, camping, and hiking trails. The downtown Arts District features the historic Sooner Theatre for live performances, while Campus Corner buzzes with restaurants and shops. The Sam Noble Oklahoma Museum of Natural History and Fred Jones Jr. Museum of Art add cultural depth to the community.

The real estate landscape in Norman includes diverse price points across its neighborhoods. The median single-family home price stands at $305,000, with Northwest Norman commanding the highest median price at $407,000. Downtown Norman's median single-family price reaches $295,900, while Original Townsite presents more affordable options at $137,000. Condominiums start at a median price of $100,000 for one bedroom units and $138,000 for two bedrooms. Townhomes have a median price of $325,000.

Norman maintains a cost of living 1.7% below the national average. A family with school-age children needs approximately $104,000 annually to live comfortably, while renters should aim for $56,000. The property tax rate in Cleveland County is 1.03%, comparable to nearby Moore but slightly higher than Oklahoma City's 0.98%. The combined sales tax rate reaches 9.00%. Norman's location 20 miles south of Oklahoma City creates a manageable 25 to 30 minute commute via I-35. The Cleveland Area Rapid Transit (CART) system serves local transportation needs. Notable public schools include Norman North High School and McKinley Elementary School, both earning A ratings from Niche.

Home Trends in Norman, OK

Housing Trends

Median Sale Price
$342,000
Median Single Family Sale Price
$370,495
Median Townhouse Sale Price
$325,000
Median 2 Bedroom Sale Price
$138,000
Median 1 Bedroom Sale Price
$231,475
Average Price Per Sq Ft
$202
Number of Homes for Sale
92
Last 12 months Home Sales
570
Months of Supply
1.90
Median List Price
$376,055
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-7%
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