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About This Home

This 10-bedroom, 9-bathroom residential multi family at 740 Deans Row Avenue in Norman, OK is listed for $1,200,000 ($344 per sqft). Built in 1920, the home offers 3,488 sqft of living space on a 0.24 acres lot.

Agent Description

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.

Key Features

  • Built in 1920
  • 0.24 acre lot
  • 10 parking spaces

Property Details

9 full
10 spaces
1920

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

740 Deans Row Avenue

Norman, OK 73069

Property Details

Construction

Brick & Frame

Questions & Answers

This 10-bedroom, 9-bathroom residential multi family at 740 Deans Row Avenue is listed at $1,200,000 ($344/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.24 acre lot, 10 parking spaces.

This property is listed by Samuel Gosdin and can be reached at 4052290523 or sam@homesteadrealtyco.com.

SG

Samuel Gosdin

Agent at Homestead + Co

(405) 229-0523

Listed by Homestead + Co

MLS# 1221606· Source: listhub· Updated 9 days ago

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740 Deans Row Avenue, Norman, OK 73069

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