Positioned in a prime investment location on Deans Row in Norman, just steps from Campus Corner at the University of Oklahoma campus, this 9-unit multifamily property offers an exceptional opportunity for investors seeking strong rental demand and consistent cash flow.
Each unit features a 1-bedroom, 1-bathroom layout with a functional kitchenette, ideal for students, faculty, or young professionals looking for affordable, low-maintenance living near campus. The property’s proximity to the university ensures high occupancy potential and long-term rental stability.
This is a rare chance to own a multi-family asset in a high-demand rental market, with upside potential through value-add improvements, rent optimization, or long-term hold strategy.
Whether you're expanding your portfolio or entering the Norman investment market, this property checks all the boxes for location, demand, and income potential.
For sale
$1,200,000
740 Deans Row Ave, Norman, OK 73069
9beds
3,488sqft
Multi Family
Built in 1920
-- sqft lot
$1,091,100 Zestimate®
$344/sqft
$-- HOA
What's special
Functional kitchenette
- 102 days |
- 426 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Samuel Gosdin 405-229-0523,
Homestead + Co
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1221606
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
- Full bathrooms: 9
Features
- Has fireplace: No
Interior area
- Total structure area: 3,488
- Total interior livable area: 3,488 sqft
Property
Parking
- Total spaces: 10
- Parking features: Additional Parking, Concrete
Lot
- Size: 10,454 Square Feet
- Features: Interior Lot
Details
- Parcel number: 740NONEDeansRow73069
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Materials
- Brick & Frame
- Foundation: Combination
- Roof: Composition
Condition
- Year built: 1920
Community & HOA
Location
- Region: Norman
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $612,674
- Annual tax amount: $8,805
- Date on market: 4/1/2026
Estimated market value
$1,091,100
$1.04M - $1.15M
$1,940/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listed for sale | $1,200,000+93.5%$344/sqft |
Source:  MLSOK/OKCMAR as distributed by MLS GRID #1221606 Report a problem | ||
| 8/27/2019 | Sold | $620,000+463.6%$178/sqft |
Source: MLSOK/OKCMAR as distributed by MLS GRID #866893 Report a problem | ||
| 4/30/1999 | Sold | $110,000$32/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,822 +0.2% | $73,520 +0% |
| 2024 | $8,805 -6.5% | $73,515 -6.2% |
| 2023 | $9,413 +9.5% | $78,391 +5% |
| 2022 | $8,598 -0.4% | $74,658 +5% |
| 2021 | $8,632 +1.9% | $71,103 -0.3% |
| 2020 | $8,468 +314% | $71,289 +262.9% |
| 2019 | $2,045 +5% | $19,645 +5% |
| 2018 | $1,948 -53.5% | $18,710 -47.1% |
| 2017 | $4,186 | $35,364 +108.4% |
| 2016 | -- | $16,970 +5% |
| 2015 | -- | $16,163 +5% |
| 2014 | -- | $15,393 +5% |
| 2013 | -- | $14,660 +5% |
| 2012 | -- | $13,962 +5% |
| 2011 | -- | $13,298 +5% |
| 2010 | -- | $12,665 +5% |
| 2009 | -- | $12,062 +5% |
| 2008 | -- | $11,487 +5% |
| 2007 | -- | $10,941 |
| 2006 | -- | $10,941 |
| 2005 | -- | $10,941 |
| 2004 | -- | $10,941 |
| 2003 | -- | $10,941 |
| 2002 | -- | $10,941 +0% |
| 2001 | -- | $10,940 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Climate risks
Neighborhood: 73069
Nearby schools
GreatSchools rating
- 8/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Irving Middle SchoolGrades: 6-8Distance: 1.8 mi
- 8/10Norman High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Lincoln ES
- Middle: Irving MS
- High: Norman 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.
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- Oklahoma
- Cleveland County
- Norman
- 73069
- 740 Deans Row Ave
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