$2,400,000

Estimated payment $15,371/month

Total Views 2,811
15 Beds
15 Baths
8,648 Sq Ft
$278 Price per Sq Ft

Highlights

  • Modern Architecture
  • Home Security System
  • Formal Entry
  • Lincoln Elementary School Rated A-
  • Laundry Room
  • 5-minute walk to The Park At First Baptist Church Norman

About This Home

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 sought after property making leasing worry free.

Schedule your personal tour today.

Listing Agent

Scott Foster

Metro Brokers of OK Foster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,778

Year Built

  • Built in 2021

Parking

  • 19 Parking Spaces

Home Design

  • Modern Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • 8,648 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Home Security System
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Full Bathrooms

Schools

  • Mckinley Elementary School
  • Alcott Middle School
  • Norman High School

Additional Features

  • 6,970 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 5 Units

Listing and Financial Details

  • Legal Lot and Block 3-4 / 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,778

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Modern
  • Property Sub Type: More Than 4 Units
  • Legal Addition: Larshs First
  • Number3 Br Units: 5
  • Packet Available Yn: No
  • Property Level: Tri
  • School Junior High: Alcott MS
  • Stories: 3.0000
  • Third Party Comments: No
  • Year Built: 2021
  • Special Features: None

Interior Features

  • Features: Central Entry, Laundry, Security
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Total Bedrooms: 15
  • Total Bathrooms: 15.00
  • Full Bathrooms: 15
  • Total Sq Ft: 8648

Exterior Features

  • Construction: Masonry Veneer
  • Foundation: Slab
  • Roof: Other

Garage/Parking

  • Total Parking: 19

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Schools

  • Elementary School: Mckinley ES
  • High School: Norman HS

Lot Info

  • Land Sq Ft: 6970
  • Lot Description: Campus Area

Rental Info

  • Rent: 14625.00

Multi Family

  • Number Of Units: 5

Tax Info

  • Tax Block: 7
  • Tax Lot: 3-4

MLS Schools

  • School District: Norman

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $24,778 $206,880 $14,388 $192,492
2023 $23,658 $197,028 $12,000 $185,028
2022 $22,689 $197,028 $12,000 $185,028
2021 $1,020 $8,400 $8,400 $0
2020 $2,423 $20,395 $8,400 $11,995
2019 $573 $4,746 $2,568 $2,178
2018 $529 $4,521 $1,462 $3,059
2017 $510 $14,844 $0 $0
2016 $493 $4,101 $1,326 $2,775
2015 -- $3,905 $1,263 $2,642
2014 -- $3,720 $1,203 $2,517
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2025 04/06/25 For Sale $2,400,000 -- $278 / Sq Ft
Source: MLSOK

Deed History

Date Type Sale Price Title Company
Warranty Deed $230,000 Cleveland Cnty Abstract & Tt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Source: MLSOK

MLS Number: 1163450

MLSOK

APN: R0037730