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
$1,081,700 Zestimate®
$344/sqft
$-- HOA
What's special
Functional kitchenette
- 175 days
- 687
- 34
Zillow last checked:
Listing updated:
Listed by:
Samuel Gosdin 405-229-0523,
Homestead + Co
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1221606
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
$1,081,700
$1.03M - $1.14M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listed for sale | $1,200,000+93.5%$344/sqft |
Source: | ||
| 8/27/2019 | Sold | $620,000+463.6%$178/sqft |
Source: | ||
| 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
Payment breakdown
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Neighborhood: 73069
Nearby schools
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.




