$695,000

Estimated payment $4,500/month

Total Views 358
6 Beds
6 Baths
6,480 Sq Ft
$107 Price per Sq Ft

Highlights

  • Popular Property
  • Tudor Architecture
  • Zoned Heating and Cooling

About This Home

Incredible opportunity to own a stabilized, fully renovated 6-unit multifamily just steps from the Plaza District and Midtown. Built in 1928 with striking Gothic Revival architecture, this historic property has been thoughtfully restored with modern systems and finishes throughout.

The unit mix includes four 1 bed / 1 bath units and two studio apartments, all featuring updated plumbing, new electrical, mini-split HVAC systems, energy-efficient windows, and in-unit washer/dryer hookups. Exterior upgrades include a new roof, landscaped courtyard, concrete walkways, and a new rear parking pad.

Five of six units are currently leased, producing $4,497/month in gross rent. Stabilized market rent projects to $5,200–$5,400/month. Annualized income at current occupancy is $53,964, with upside on lease renewals and the final unit.

This turnkey asset is ideal for investors seeking cash flow, appreciation, and minimal deferred maintenance in one of OKC’s most desirable rental corridors. Close to OCU, Uptown 23rd, and major employment centers—this location consistently attracts high tenant demand.

Listing Agent

Heston Bush

Chinowth & Cohen Listed on: 08/05/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Home Design

  • Tudor Architecture
  • Brick Frame

Interior Spaces

  • 6,480 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Schools

  • Eugene Field Elementary School
  • Moon Middle School
  • Douglass High School

Additional Features

  • 7,000 Sq Ft Lot
  • Zoned Heating and Cooling

Community Details

  • 6 Units
  • Gross Income $87,960

Listing and Financial Details

  • Legal Lot and Block 21-24 / 007

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Old English/Tudor, Other
  • Property Sub Type: More Than 4 Units
  • Legal Addition: CLASSENS CREAM RIDGE 007 000 LOTS 21 & 22
  • Mandatory Association Dues Yn: No
  • School Junior High: Moon MS
  • Stories: 2.0000
  • Third Party Comments: No
  • Year Built: 1928
  • HistoricalDesignationYN: No
  • PropertyBuildSTATUS: Existing
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Total Sq Ft: 6480

Exterior Features

  • Construction: Brick & Frame
  • Foundation: Conventional
  • Roof: Other

Utilities

  • Cooling System: Zoned Electric
  • Heat System: Zoned Electric

Schools

  • Elementary School: Eugene Field ES
  • High School: Douglass HS

Lot Info

  • Land Sq Ft: 7000
  • Lot Description: Other

Multi Family

  • Number Of Units: 6

Tax Info

  • Tax Block: 007
  • Tax Lot: 21-24

MLS Schools

  • School District: Oklahoma City

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $695,000 -44.6% $107 / Sq Ft
05/10/2021 05/10/21 Sold $1,255,000 -7.0% $194 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,350,000 +7.6% $208 / Sq Ft
12/16/2020 12/16/20 Off Market $1,255,000 -- --
09/10/2020 09/10/20 For Sale $1,350,000 -- $208 / Sq Ft
Source: MLSOK

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Source: MLSOK

MLS Number: 1184562

MLSOK