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Norman, OK Multifamily Homes & Duplexes for Sale

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  • /36

    $359,000

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

    306 E Hughbert St Unit 12, Norman, OK 73069

    Turnkey Norman Triplex! Looking for a property that pays for itself? This high-performing triplex near OU and Downtown Norman delivers solid income of $42,000/yr @ $3,500/mo, an 8.5-9% cap rate. A true long-term value. A charming 2-bedroom cottage plus a modern two-level ADU with two studio apartments all fully leased! Enjoy updated interiors, 2023 roofs, Fiber Internet, 4 dedicated parking

    Mark Calhoun RE/MAX First

    306 E Hughbert St Unit 12, Norman, OK 73069
  • /50

    $2,760,000

    • 48 Beds
    • 24 Baths
    • 23,304 Sq Ft

    309 Falcon Ct, Norman, OK 73069

    Great opportunity to own 24 units(6 4 plexes) with new class 4 hail resistant roofs and new exterior siding and paint. Windows are newer and most systems have been upgraded. There are 4 2 bedroom, 1 bath unit in each building with approximately 975 square feet. 2 units upstairs and 2 units downstairs. Each unit is separately metered and tenant pays their own utilities. They feature central heat

    Rudy Hymer RJH Realty Investments

    309 Falcon Ct, Norman, OK 73069
  • /32

    $2,295,000

    • 40 Beds
    • 20 Baths
    • 15,950 Sq Ft

    1311 Glen Oaks Ct, Norman, OK 73071

    This is a wonderful opportunity to own 5 remodeled 4-plexes with 20 2 bedroom, 1 bath units. This includes 1311 Glen Oaks Ct, 1315 Glen Oaks Ct(Assessor #R0094128), 1319 Glen Oaks Ct(assessor # R0094129), 1325 Glen Oaks Ct(assessor #R0094131) and 1331 Glen Oaks Ct(assessor #R0094136). 100% occupied. Rents are still under market so there is much upside. Each 4 plex has it's own water meter for the

    Rudy Hymer RJH Realty Investments

    1311 Glen Oaks Ct, Norman, OK 73071
  • /33

    $355,000

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

    306 E Hughbert St Unit 12, Norman, OK 73069

    Turnkey Norman Triplex - Live Smart, Invest Smarter! Looking for a property that pays for itself? This high-performing triplex near OU and Downtown Norman delivers solid income, flexibility, and long-term value. A charming 2-bedroom cottage plus a modern two-level ADU with two studio apartments all fully leased! Enjoy updated interiors, 2023 roofs, ATT Fiber, 4 dedicated parking spaces, and a

    Mark Calhoun RE/MAX First

    306 E Hughbert St Unit 12, Norman, OK 73069
  • /20

    $249,900

    • 4 Beds
    • 2 Baths
    • 2,054 Sq Ft

    1909 Chandelier Dr Unit 1909 1911, Norman, OK 73069

    Well maintained duplex that stays full. New class 4 hail resistant roof installed in 2021(ask your insurance agent about discounts for this type roof). 2 bedrooms, 1 bath on each side with a fireplace, all kitchen appliances, central heat/air, one car garage, and a fenced yard. Separately metered and tenant pay utilities. All new driveway, etc. in 2024. 1911 tenant has been there since 2016(rent

    Rudy Hymer RJH Realty Investments

    1909 Chandelier Dr Unit 1909 1911, Norman, OK 73069
  • /27

    $475,000

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

    304 Chalmette Dr, Norman, OK 73071

    Well maintained 2 story 4 plex 100% occupied. Features 4 bedroom units with 1 bath each and approximately 975 square feet per unit. Separate meters and tenant pays the utilities. Total electric. Great upside on rent as rents are below market. Recent roof replacement with class 4 hail resistant shingle. Listing broker is an owner of the selling LLC with real estate license #071687.Seller will

    Rudy Hymer RJH Realty Investments

    304 Chalmette Dr, Norman, OK 73071
  • /26

    $242,500

    • 4 Beds
    • 2 Baths
    • 1,950 Sq Ft

    602 E Johnson St Unit 600/602, Norman, OK 73071

    Great investment property! 2 units with 2 bedrooms and 1 bath each. Refrigerators, washers and dryers stay for both units. They are great long term rentals and would make great short term furnished rentals as well. Each unit has a lockable shed, patio and a fenced yard. Both units have newer vinyl plank floors on the first floor. 600 has newer vinyl plank upstairs (in the bathroom too), 602 has

    Ginger Thomas Verity Real Estate LLC

    602 E Johnson St Unit 600/602, Norman, OK 73071
  • /44

    $1,950,000

    • 12 Beds
    • 6 Baths
    • 4,960 Sq Ft

    215 E Boyd St, Norman, OK 73069

    An exceptional opportunity to invest in a unique property directly across the street from the University of Oklahoma. This duplex is located on the north side of Boyd street, across from the University of Oklahoma, offering a remarkable location. Both of the duplex features an identical layout, with six bedrooms and three bathrooms per side . Each unit offers 2480 square feet of living space,

    Scott Foster Metro Brokers of OK Foster

    215 E Boyd St, Norman, OK 73069
  • /19

    $250,000

    635 Sinclair Dr Unit 637, Norman, OK 73071

    Broker is Owner 175378.Great 2 bedrooms 2 baths duplex not far from OU. Easy to rent. Each side goes for 900 to 950.

    Vitalii Sorochynskyi VitalitySquared Properties

    635 Sinclair Dr Unit 637, Norman, OK 73071
  • /24

    $1,390,000

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

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

    Prime Investment Opportunity!This 1,170 sq. ft. two-bedroom duplex sits on a 6,098 sq. ft. lot in one of the most sought-after locations near the stadium. Just one block from the Jenkins and Lindsey intersection and directly behind Headington Hall—diagonally across from the stadium—this property offers unmatched potential.Whether you choose to renovate or rebuild, the possibilities

    Courtney Arnold Ariston Realty LLC

    204 E Lindsey St Unit 204, 206, Norman, OK 73069
  • /33

    $365,000

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

    414 Ferrill St Unit 416, Norman, OK 73071

    Major 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

    Runming Lin Black Label Realty

    414 Ferrill St Unit 416, Norman, OK 73071
  • /35

    $225,000 New Construction

    • 4 Beds
    • 4 Baths
    • 2,592 Sq Ft

    625 Welston Cir Unit 627, Norman, OK 73071

    Great investment opportunity near OU!This well-maintained duplex offers a spacious floorplan with a large living room, kitchen, and half bath downstairs, plus two generous bedrooms upstairs. Each unit features 2 bedrooms, 1.5 bathrooms, and a mix of tile and carpet throughout.Located on a quiet cul-de-sac just minutes from campus, dining, and shopping. Both sides are already leased,

    Esteban Lezcano Integrity Oklahoma LLC

    625 Welston Cir Unit 627, Norman, OK 73071
  • /40

    $322,876

    • 3 Beds
    • 2 Baths
    • 2,228 Sq Ft

    1501 Navajo Rd, Norman, OK 73026

    Discover the perfect blend of country comfort, usable land, and practical amenities with this 3 bedroom, 2 bath home situated on approximately 2 acres. Located in a peaceful rural setting, this property offers the space, privacy, and functionality that buyers are looking for-along with multiple outbuildings, wide open yard areas, and plenty of room to make it your own. Inside the home, you'll

    Ron Spiva JK Parker Auction & Realty Services

    1501 Navajo Rd, Norman, OK 73026

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
$284,442
Median Single Family Sale Price
$312,745
Median Townhouse Sale Price
$349,000
Median 2 Bedroom Sale Price
$133,950
Median 1 Bedroom Sale Price
$100,000
Average Price Per Sq Ft
$174
Number of Homes for Sale
638
Last 12 months Home Sales
1,704
Months of Supply
4.50
Median List Price
$320,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%
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