Position your investors for immediate cash flow and long-term upside with this 14-unit multifamily property located in SW Oklahoma City. This value-add asset has already undergone significant operational improvements, allowing a new owner to benefit from increased revenue while minimizing the heavy lifting typically associated with repositioning a property.
Over the past year, ownership has substantially increased rental rates to better align with market conditions while making meaningful capital improvements throughout the property. The units have been updated, enhancing both tenant appeal and long-term durability. The property also features new windows, improving energy efficiency, curb appeal, and reducing future maintenance concerns.
A major operational enhancement includes transitioning tenants to pay their own electric service, as the property is individually metered, thus significantly reducing owner expenses and improving the property's overall operating efficiency. These changes have created a stronger income-producing asset with continued upside potential through ongoing management and future rent optimization.
the property is in good overall condition and offers investors an attractive combination of stable occupancy, improved operations, and reduced deferred maintenance. Whether you're looking to expand an existing portfolio or acquire a turnkey multifamily investment with proven rental growth, this property presents an excellent opportunity in the Oklahoma City market.
Conveniently located with easy access to major employment centers, downtown Oklahoma City, I-35, I-44, and I-240, the property benefits from strong rental demand and excellent accessibility for tenants.
Don't miss the opportunity to acquire a well-positioned 14-unit apartment community where many of the value-add improvements have already been completed. Financial information is available upon request. Contact the listing agent for additional details or to schedule a private tour.
For sale
$940,000
505 SW 30th St, Oklahoma City, OK 73109
14beds
8,176sqft
Multi Family
Built in 1971
-- sqft lot
$858,500 Zestimate®
$115/sqft
$-- HOA
What's special
Curb appealNew windows
- 97 days
- 143
- 8
Zillow last checked:
Listing updated:
Listed by:
Joey Codner 405-255-9194,
Hamilwood Real Estate
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1239178
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Window Unit(s)
Interior area
- Total structure area: 8,176
- Total interior livable area: 8,176 sqft
Property
Parking
- Parking features: Concrete
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.32 Acres
- Features: Interior Lot
Details
- Parcel number: 505SW30th73109
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick & Frame
- Foundation: Slab
Condition
- Year built: 1971
Community & HOA
Location
- Region: Oklahoma City
Financial & listing details
- Price per square foot: $115/sqft
- Annual tax amount: $6,735
- Date on market: 7/14/2026
Estimated market value
$858,500
$816,000 - $901,000
$873/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $940,000+10.2%$115/sqft |
Source: | ||
| 11/24/2025 | Sold | $853,000-2.5%$104/sqft |
Source: | ||
| 10/13/2025 | Pending sale | $875,000$107/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Capitol Hill
Nearby schools
Schools provided by the listing agent
- Elementary: Lee ES
- Middle: Capitol Hill MS
- High: Capitol Hill HS
Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.


