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Investment Highlights

  • 100% occupied
  • 1.5 miles from downtown
  • New HVAC in every unit
  • New countertops, cabinets, appliances

Executive Summary

100% occupied
Open to Seller Financing
1.5 Miles From Downtown OKC
New Countertops
New Kitchen Cabinets
New Appliances
New HVAC in Every Units
New Exterior Paint
New Fence
New Gutters

Property Facts

Price $1,000,000
Price Per Unit $125,000
Sale Type Investment
Cap Rate 6.01%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 4,326 SF
No. Stories 2
Year Built 1930
Parking Ratio 2.53/1,000 SF
Zoning I-2 - Light Industrial

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 - -
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
100502750
Land Assessment
$2,341
Improvements Assessment
$34,503
Total Assessment
$36,844
  • Listing ID: 41905412

  • Date on Market: 8/27/2026

  • Last Updated:

  • Address: 506 SW 24th St, Oklahoma City, OK 73109

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