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Investment Highlights

  • Income-producing apartment complex with an additional 1,152 SF home, offering diversified revenue streams.
  • Newer modified roofing system, 6 renovated units, 3 updated heating systems, and 4 newer A/C units.
  • Spacious 2 bed / 1.5 bath units (~1,036 SF each) with 10 covered carports plus additional parking.
  • Section 8 leases in place for consistent income, with further upside potential and possible owner financing available.

Executive Summary

Prime Investment Opportunity! Income-producing 12-unit apartment complex plus an additional 1,152 sq. ft. single-family home, offering both stability and upside potential. Apartments include 10 carports plus additional parking. The property consists of three buildings with a newer modified roofing system and multiple recent upgrades. Improvements include 6 renovated units, 3 updated heating systems, and 4 newer A/C units. Covered parking for 10 vehicles adds extra tenant appeal. Three units are currently leased through Section 8, providing reliable income. Each unit features a spacious 2-bedroom, 1.5-bath layout (approx. 1,036 sq. ft.). Excellent value-add opportunity with room to grow and possible owner financing available.

Property Facts

Price $1,200,000
Price / SF $81.84 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 14,662 SF
Total Land Area 0.65 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
El Placio
3815 NW 23rd St, Oklahoma City, OK 73107
Multifamily 13,510 SF 1969 -
3821 NW 23rd St, Oklahoma City, OK 73107 Specialty 1,152 SF 1940 -
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  • Listing ID: 40925814

  • Date on Market: 6/15/2026

  • Last Updated:

  • Address: Prime Investment Opportunity, Oklahoma City, OK

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