$398,000
$32K PRICE DROP

414 Ferrill St Unit 416 Norman, OK 73071

Southeast Norman Neighborhood

Estimated payment $2,399/month

Total Views 7,437
5 Beds
3 Baths
1,824 Sq Ft
$218 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Interior Lot
  • 2-minute walk to Eastwood Park
  • Lincoln Elementary School Rated A-

About This Home

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 of room to grow.
Prime Location – Situated in Norman,
Only three minutes drive from OU, close to shopping, dining, and major highways.

Why You’ll Love It:
This well-maintained triplex offers a fantastic opportunity to build wealth through rental income or house hacking. Three units can lease it for up to $2,600 monthly, making it perfect for investors or first-time buyers looking to offset their mortgage.

Don’t miss out—schedule a viewing today!

#NormanOKRealEstate #TriplexForSale #InvestmentProperty #HouseHacking #CashFlowOpportunity

Listing Agent

Runming Lin

Black Label Realty Listed on: 04/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Interior Lot

Parking

  • Driveway

Home Design

  • Triplex
  • Craftsman Architecture
  • Combination Foundation
  • Architectural Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Lincoln Elementary School
  • Irving Middle School
  • Norman High School

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,963

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Craftsman
  • Property Sub Type: Triplex
  • Legal Addition: OT:10,11 SEC/TWN/RNG/MER:SEC 32 TWN 09 RNG 02W CLA
  • Property Level: Multi
  • School Junior High: Irving MS
  • Stories: 2.0000
  • Third Party Comments: Yes
  • Year Built: 1940
  • HistoricalDesignationYN: No
  • PropertyBuildSTATUS: Existing
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Total Sq Ft: 1824

Exterior Features

  • Construction: Vinyl
  • Foundation: Combination
  • Roof: Architectual Shingle

Garage/Parking

  • Parking: Concrete Drive

Schools

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

Lot Info

  • Land Sq Ft: 6098
  • Lot Description: Interior

Multi Family

  • Number Of Units: 3

MLS Schools

  • School District: Norman

Map

Range of Values:

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Average Value
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Sold Price
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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 $2,963 $24,743 $6,103 $18,640
2023 $2,830 $23,565 $3,600 $19,965
2022 $2,713 $23,565 $3,600 $19,965
2021 $1,689 $13,925 $2,205 $11,720
2020 $1,576 $13,262 $2,061 $11,201
2019 $1,526 $12,631 $3,600 $9,031
2018 $763 $6,520 $2,423 $4,097
2017 $736 $9,688 $0 $0
2016 $712 $5,913 $2,197 $3,716
2015 -- $5,632 $631 $5,001
2014 -- $5,364 $601 $4,763
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $398,000 -2.9% $218 / Sq Ft
07/16/2025 07/16/25 Price Changed $409,999 0.0% $225 / Sq Ft
06/02/2025 06/02/25 Price Changed $410,000 +900.0% $225 / Sq Ft
06/02/2025 06/02/25 Price Changed $41,000 -90.5% $22 / Sq Ft
04/26/2025 04/26/25 For Sale $430,000 +23.6% $236 / Sq Ft
09/08/2021 09/08/21 Sold $348,000 -1.3% $191 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $352,500 +220.5% $193 / Sq Ft
08/14/2018 08/14/18 Sold $110,000 -11.9% $60 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $124,900 -- $68 / Sq Ft
Source: MLSOK

Purchase History

Date Type Sale Price Title Company
Warranty Deed $174,000 Chicago Title
Warranty Deed $174,000 Chicago Title
Warranty Deed $174,000 Chicago Title Oklahoma Co
Warranty Deed $110,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,400 New Conventional
Closed $191,400 No Value Available
Source: Public Records

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Source: MLSOK

MLS Number: 1166882

MLSOK

APN: R0029613

Oklahoma Cleveland County Norman 73071 Southeast Norman

414 Ferrill St Unit 416, Norman, OK

This home is located at 414 Ferrill St Unit 416, Norman, OK 73071 and is currently priced at $398,000, approximately $218 per square foot. This property was built in 1940. 414 Ferrill St Unit 416 is a home located in Cleveland County with nearby schools including Lincoln Elementary School, Irving Middle School, and Norman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Runming Lin
Listing Agent
Runming Lin
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Black Label Realty
(405) 578-7432