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.
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Zillow last checked:
Listing updated:
Listed by:
Joseph Codner405-255-9194,
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
Zestimate®
$864,600
Estimated sales range
$821,000 - $916,000
Rent Zestimate®
$1,102/mo
Price history
Date
Event
Price
7/14/2026
Listed for sale
$940,000+10.2%$115/sqft
Source: MLSOK/OKCMAR as distributed by MLS GRID #1239178Report a problem
11/24/2025
Sold
$853,000-2.5%$104/sqft
Source: MLSOK/OKCMAR as distributed by MLS GRID #1192885Report a problem
10/13/2025
Pending sale
$875,000$107/sqft
Source: MLSOK/OKCMAR as distributed by MLS GRID #1192885Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.