$3,500,000

Estimated payment $20,948/month

Total Views 15,196
5 Beds
9 Baths
16,500 Sq Ft
$212 Price per Sq Ft

Highlights

  • Modern Architecture
  • Zero Lot Line
  • 2-minute walk to Bicentennial Park
  • Interior Lot
  • Private Entrance

About This Home

518 Colcord is a one-of-a-kind property in Downtown Oklahoma City overlooking Bicentennial Park. This investment property boasts an owner's residential suite worthy of Architecture Digest. The property has on site private garage parking for up to 6 vehicles. The entire building is 16,500 sqft, made up of the owners suite with four additional Investment suites. This includes one ground floor retail unit (1600 sqft), one ground floor office unit (1950 sqft) and two 2nd floor loft style residential units (one is 1600 sqft and one is 1250 sqft). The 2nd floor Owner's Suite is 3886 sqft with 3 bedroom, 2.5 bath with luxury finishes and functionality throughout. The building spans the block between Colcord Dr. and West Main St., with storefronts on both sides. North windows overlook Bicentennial Park & the Civic Center. New roof in 2020, New and upgraded mechanical, electrical, plumbing and structural throughout

Listing Agent

Chris George

Chinowth & Cohen Listed on: 03/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,971

Year Built

  • Built in 1912

Lot Details

  • 8,198 Sq Ft Lot
  • Private Entrance
  • Interior Lot
  • Zero Lot Line

Home Design

  • Modern Architecture
  • Combination Foundation
  • Brick Frame
  • Pre-Cast Concrete Construction

Interior Spaces

  • 16,500 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • John Rex Charter Elementary And Middle School
  • Classen High School Of Advanced Studies

Community Details

  • 5 Units

Listing and Financial Details

  • Legal Lot and Block 008 & 009 / 004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,971

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Modern
  • Property Sub Type: More Than 4 Units
  • Legal Addition: Main Street Add
  • Mandatory Association Dues Yn: No
  • Number1 Br Units: 2
  • Number3 Br Units: 1
  • Property Level: Two
  • School Junior High: John Rex Charter
  • Stories: 2.0000
  • Third Party Comments: Yes
  • Year Built: 1912
  • HistoricalDesignationYN: No
  • PropertyBuildSTATUS: Existing
  • Special Features: None

Interior Features

  • Features: Private Entry
  • Fireplace Description: None
  • Appliances: Dishwasher, Disposal
  • Total Bedrooms: 5
  • Total Bathrooms: 4.50
  • Full Bathrooms: 4
  • Half Bathrooms: 5
  • Total Sq Ft: 16500

Exterior Features

  • Construction: Brick & Frame, Concrete
  • Foundation: Combination
  • Roof: Other

Garage/Parking

  • Total Parking: 6
  • Parking: Concrete Drive

Utilities

  • Cooling System: Other
  • Heat System: Other

Schools

  • Elementary School: John Rex Charter
  • High School: Classen HS Of Advanced Studies, Douglass HS

Lot Info

  • Land Sq Ft: 8198
  • Lot Description: Interior, Zero Lot Line

Multi Family

  • Number Of Units: 5

Tax Info

  • Tax Block: 004
  • Tax Lot: 008 & 009

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

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 $22,971 $187,027 $13,530 $173,497
2023 $22,971 $187,027 $13,530 $173,497
2022 $22,000 $187,027 $13,530 $173,497
2021 $22,013 $187,027 $13,530 $173,497
2020 $22,271 $187,027 $13,530 $173,497
2019 $8,648 $72,676 $8,074 $64,602
2018 $7,852 $69,216 $0 $0
2017 $7,472 $65,919 $7,323 $58,596
2016 $7,121 $62,780 $6,974 $55,806
2015 $6,846 $59,790 $6,642 $53,148
2014 $6,482 $56,943 $7,074 $49,869
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2025 03/30/25 For Sale $3,500,000 -- $212 / Sq Ft
Source: MLSOK

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,700,000 Oklahoma City Abstract & Ttl
Warranty Deed -- --
Warranty Deed $300,000 Capitol Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,445,000 Purchase Money Mortgage
Source: Public Records

Source: MLSOK

MLS Number: 1161748

MLSOK

APN: 013681935