414 Ferrill St Unit 416 Norman, OK 73071
Southeast Norman NeighborhoodEstimated payment $2,162/month
Highlights
- Craftsman Architecture
- Interior Lot
- 2-minute walk to Eastwood Park
- Lincoln Elementary School Rated A-
About This Home
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 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!
Please allow 48 hour to show.
#NormanOKRealEstate #TriplexForSale #InvestmentProperty #HouseHacking #CashFlowOpportunity
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/27/2025 09/27/25 | Price Changed | $365,000 | -7.6% | $200 / Sq Ft | |
| 09/24/2025 09/24/25 | Price Changed | $395,000 | -0.8% | $217 / Sq Ft | |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 08/07/2018 08/07/18 | Pending | -- | -- | -- | |
| 07/18/2018 07/18/18 | For Sale | $124,900 | -- | $68 / Sq Ft |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $191,400 | New Conventional | |
| Closed | $191,400 | No Value Available |
Source: MLSOK
MLS Number: 1166882
APN: R0029613
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