5912 W Hefner Road Unit 5 presents a distinctive opportunity to acquire a mixed-use office condominium that combines existing residential occupancy with immediate commercial lease-up potential.
The approximately 2,118-square-foot property is arranged across two levels. The upper level is currently occupied and includes a two-bedroom, one-bath residence with a balcony and views overlooking Ski Island Lake. This existing residential component gives a new owner an immediate source of income while developing a leasing or occupancy strategy for the ground floor.
The completely vacant commercial level is currently configured with three private offices and is ready for an investor or owner-user to put to work.
A buyer could lease the downstairs to a single professional tenant, rent the offices individually, or operate a business from the space while continuing to collect income from the upstairs residence.
The layout may be well suited for counselors, therapists, attorneys, insurance professionals, consultants and other office-based users, subject to zoning and use verification.
Located near the southwest corner of Hefner Road and MacArthur Boulevard, the property offers a lake-facing setting within an established professional office complex and convenient access to Northwest Expressway, nearby residential neighborhoods, shopping and dining.
Offered at $155,000, or approximately $73.18 per square foot, this property provides an approachable entry point for an investor seeking multiple potential revenue streams or a small-business owner who would like to offset occupancy costs with rental income.
Commercial financing is required. The seller is motivated for a quick close. The Seller has accepted a contingent offer with a 24-hour kickout clause. Buyers should independently verify zoning, permitted uses, square footage, lease information, association coverage and all projected income and expenses.
For sale
$155,000
5912 W Hefner Rd #5, Oklahoma City, OK 73162
2beds
2,118sqft
Condominium
Built in 1979
-- sqft lot
$151,200 Zestimate®
$73/sqft
$225/mo HOA
What's special
Two-bedroom one-bath residenceThree private officesLake-facing setting
- 71 days
- 219
- 6
Zillow last checked:
Listing updated:
Listed by:
Connor Cocklin 405-323-4223,
Homestead and Co. - BO
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1237666
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,118
- Total interior livable area: 2,118 sqft
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony, Water Feature
Lot
- Size: 3,301 Square Feet
- Features: Zero Lot Line
Details
- Parcel number: 5912WHefner573162
- Special conditions: Kickout Clause
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Materials
- Brick & Frame
- Foundation: Slab
Condition
- Year built: 1979
Community & HOA
HOA
- Has HOA: Yes
- Services included: Trash, Insurance, Common Area Maintenance, Exterior Maintenance
- HOA fee: $2,700 annually
Location
- Region: Oklahoma City
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $105,900
- Annual tax amount: $1,434
- Date on market: 7/2/2026
Estimated market value
$151,200
$144,000 - $159,000
$1,225/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $155,000$73/sqft |
Source: | ||
| 7/4/2026 | Pending sale | $155,000$73/sqft |
Source: | ||
| 7/2/2026 | Listed for sale | $155,000$73/sqft |
Source: | ||
| 6/17/2026 | Listing removed | $155,000$73/sqft |
Source: | ||
| 4/29/2026 | Price change | $155,000-6.1%$73/sqft |
Source: | ||
| 4/15/2026 | Listed for sale | $165,000+120%$78/sqft |
Source: | ||
| 1/27/2005 | Sold | $75,000+56.3%$35/sqft |
Source: Public Record Report a problem | ||
| 9/28/1998 | Sold | $48,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,435 +0.7% | $11,649 |
| 2024 | $1,425 +0.3% | $11,649 |
| 2023 | $1,420 -1.2% | $11,649 |
| 2022 | $1,438 +1% | $11,649 |
| 2021 | $1,424 +0.5% | $11,649 |
| 2020 | $1,417 +29.7% | $11,649 |
| 2019 | $1,093 | $11,649 |
| 2018 | $1,093 -22% | $11,649 |
| 2017 | $1,401 | $11,649 +0.1% |
| 2016 | $1,401 +0.3% | $11,636 +5% |
| 2015 | $1,397 +13.3% | $11,081 +5% |
| 2014 | $1,233 | $10,554 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 73162
Nearby schools
Schools provided by the listing agent
- Elementary: Dennis ES
- Middle: Hefner MS
- High: Putnam City North 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.





