Multi-Family $ 695,000

1838 NW 11th ST

Oklahoma City, OK 73106

  • 6 Beds
  • 6 Baths
    Full Baths: 6
  • 3,550 SqFt
  • 7,000 Lot Size
  • 1928 Year Built
Incredible opportunity to own a stabilized, fully renovated 6-unit multifamily just steps from the Plaza District and Midtown. Built in 1928 with striking Gothic Revival architecture, this historic property has been thoughtfully restored with modern systems and finishes throughout.

The unit mix includes four 1 bed / 1 bath units and two studio apartments, all featuring updated plumbing, new electrical, mini-split HVAC systems, energy-efficient windows, and in-unit washer/dryer hookups. Exterior upgrades include a new roof, landscaped courtyard, concrete walkways, and a new rear parking pad.

Five of six units are currently leased, producing $4,497/month in gross rent. Stabilized market rent projects to $5,200–$5,400/month. Annualized income at current occupancy is $53,964, with upside on lease renewals and the final unit.

This turnkey asset is ideal for investors seeking cash flow, appreciation, and minimal deferred maintenance in one of OKC's most desirable rental corridors. Close to OCU, Uptown 23rd, and major employment centers—this location consistently attracts high tenant demand.
Listed by Chinowth & Cohen

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type More Than 4 Units

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 3, 550 sqft

    Price per Sqft $195

    MLS Listing ID OKC1184562

    Style Tudor, Other

    Bedrooms 6

    Full Baths 6

    Construction Status Brick & Frame

    Year Built 1928

    Annual Tax Amount $6,774

    Lot Size 7,000 Sqft

    Property Sub-Type More Than 4 Units

  • Location

    State OK

    County Oklahoma

  • Building

    Lot Description Other

    Story 2

    Foundation Conventional

    Architectural Style Tudor, Other

    Structure Type Brick & Frame

    Construction Status Brick & Frame

  • Interior

    Heating Zoned Electric

    Cooling Zoned Electric

    Fireplace N

  • Exterior

    Roof Type Other

  • Schools

    Elementary Schools Eugene Field Es

    Middle Schools Moon Ms

    High Schools Douglass Hs

    School District Oklahoma City

SIMILAR HOMES FOR SALE

Check for similar Multi-Familys at price around $695,000 in Oklahoma City,OK

CONTACT

Heston Bush
Heston Bush

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message