$992,000
SOLD OCT 7, 2024
-- Bed
-- Bath
9,310 Sq Ft
0.32 Acres

Recently Sold

$107 Per Sq Ft

10% Below List Price

21 Days on Market

Highlights

  • 14,000 Sq Ft lot
  • A-Frame Home
  • Interior Lot

About This Home

As of October 2024

Discover a stellar investment opportunity in the vibrant Paseo District of Oklahoma City! This fully updated, 16-unit apartment complex is ideally positioned near Oklahoma Christian University, offering both strong rental demand and exceptional cash flow potential. Nestled in the heart of the sought-after Paseo District, a thriving and eclectic area known for its artsy vibe, trendy dining options, and proximity to Oklahoma Christian University. Enjoy the best of urban living with convenient access to schools, parks, and major roadways. Consistent cash flow with a solid rental history and high occupancy rates. The property offers a reliable return on investment with potential for continued growth in rent and value. The complex has been thoughtfully updated to meet current market demands, with recent renovations including upgraded flooring, modernized kitchens and bathrooms, and fresh paint throughout.

Don’t miss out on this exceptional opportunity to acquire a cash-flowing apartment complex in one of Oklahoma City’s most dynamic neighborhoods. Whether you’re an experienced investor or new to real estate, this property offers a solid foundation for continued success and growth. Contact us today to explore the potential of this outstanding investment!

Last Agent to Sell the Property

Sarah Neal

Metro Brokers of Ok Connect Listed on: 07/24/2024

Co-Listed By

Carol Sasnett

Metro Brokers of Ok Connect

Last Buyer's Agent

Sarah Neal

Metro Brokers of Ok Connect Listed on: 07/24/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.32 Acre Lot
  • Interior Lot

Home Design

  • A-Frame Home
  • Slab Foundation
  • Brick Frame

Interior Spaces

  • 9,310 Sq Ft Home
  • 2-Story Property

Schools

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

Community Details

  • 16 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: A-Frame
  • Property Sub Type: More Than 4 Units
  • Legal Addition: West Lawn Park
  • Number1 Br Units: 16
  • School Junior High: Moon MS
  • Stories: 2.0000
  • Third Party Comments: No
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Total Sq Ft: 9310

Exterior Features

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

Schools

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

Lot Info

  • Land Sq Ft: 14000
  • Lot Description: Interior

Multi Family

  • Number Efficiency Units: 16
  • Number Of Units: 16

MLS Schools

  • School District: Oklahoma City

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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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
10/07/2024 10/07/24 Sold $992,000 -9.8% $107 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $1,100,000 -- $118 / Sq Ft
Source: MLSOK

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 1126972

MLSOK

APN: 05-235-7900