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About This Home
This 0-bedroom, 0-bathroom residential multi family at 521 SW 24th Street in Oklahoma City, OK is listed for $850,000 ($90 per sqft). Built in 1929, the home offers 9,438 sqft of living space on a 0.48 acres lot.
This solid brick 12-unit apartment community offers a strong blend of stable cash flow and value-add upside in the Historic Capitol Hill District of Oklahoma City. The property consists of three separate buildings, each with four units, and features a desirable unit mix of twelve 1-bedroom, 1-bath units, each with charming mock fireplaces.
Roof was replaced 2017 and newer windows in most units. The property is currently 100% occupied, with some tenants receiving City's rental assistance, providing immediate and reliable income. Some units have under market rent which gives rooms for potential higher cash flow in the future.
A storage building at the rear of the property offers additional upside and could be converted into a laundry facility for extra revenue. With strong rental demand in the area and further potential through continued improvements, this is an excellent opportunity for an investor seeking steady cash flow today with room to grow returns tomorrow. The listing agent has equitable interest in the property.
Key Features
- Built in 1929
- 0.48 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
521 SW 24th Street
Oklahoma City, OK 73109
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 521 SW 24th Street is listed at $850,000 ($90/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 1929, 0.48 acre lot, 2 stories.
This property is listed by Thao Nguyen-Pham and can be reached at 4055140930 or dthomesokc@gmail.com.
