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About This Home

This 8-bedroom, 8-bathroom multi-family at 506 SW 24th Street in Oklahoma City, OK is listed for $975,000 ($225 per sqft). Built in 1930, the home offers 4,326 sqft of living space on a 0.23 acres lot.

Agent Description

Don't miss this excellent opportunity to own a well-maintained, consistently rented 8-unit apartment complex located just minutes from downtown. This multifamily property combines vintage charm with thoughtful, moderate updates that appeal to long-term tenants and investors alike.

Each unit offers a comfortable, functional layout with updated kitchens, bathrooms, and flooring in select units, while preserving the classic architectural character of the building. The property has been regularly maintained, with recent improvements including upgraded systems and exterior enhancements, ensuring low ongoing maintenance costs.

Ideal for both seasoned investors and those looking to start or expand a real estate portfolio, this property offers steady income in a high-demand rental area. With its unbeatable location and reliable performance, this is a rare find in today's market.

Key Features

  • Built in 1930
  • 0.23 acre lot
  • 2 stories

Property Details

2 stories
8 full
1930

Amenities

A/C

Monthly Cost Estimate

$5,215/mo

20% down · 6.5% · 30 years

Principal$705
Interest$4,225
Insurance$284

Estimates only. Actual payments may vary.

Location

506 SW 24th Street

Oklahoma City, OK 73109

Property Details

Construction

Brick & Frame

Cooling

Window Unit(s)

Appliances

Refrigerator

Questions & Answers

This 8-bedroom, 8-bathroom multi-family at 506 SW 24th Street is listed at $975,000 ($225/sqft). The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.23 acre lot, 2 stories.

This property is listed by Stefani Riddles and can be reached at 4054317003 or sellwithstefani@gmail.com.

SR

Stefani Riddles

Agent at LRE Realty LLC

(405) 431-7003

Listed by LRE Realty LLC

MLS# 1223492· Source: listhub· Updated 1 days ago

Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 SW 24th Street, Oklahoma City, OK 73109

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