521 W Symmes Street, Norman, OK 73069

Norman
Local realty services provided by:Better Homes and Gardens Real Estate The Platinum Collective
Listed by: rick terrell, robert t christensen
Office: equity oklahoma real estate
MLS#:1213473
Source:OK_OKC
521 W Symmes Street,Norman, OK 73069
$450,000
  • 9 Beds
  • 8 Baths
  • 4,988 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$450,000
  • Price per sq. ft.:$90.22

About this home

Investment Opportunity Near OU, Fully Occupied 8-Unit Apartment Building. Excellent value-add opportunity just blocks from the University of Oklahoma campus. This three-story, 8-unit multifamily property features seven 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, totaling approximately 4,988 square feet on an 8,712 square foot lot with rear parking access from the alley. The property is currently 100% occupied, providing immediate income. Five tenants are month-to-month, offering flexibility for future rent adjustments or renovation planning, and three units are under lease. Current rents range from $650 to $800 per month. Owner currently pays all utilities. The building is a 1940 wood-frame structure with pier and beam foundation, central heat (two furnaces), and window unit air conditioning. Property reflects deferred maintenance and presents strong upside potential through exterior improvements, interior updates, and rental rate optimization. Located in close proximity to...

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Home facts

  • Year built:1940
  • Listing ID #:1213473
  • Added:37 day(s) ago
  • Updated:March 20, 2026 at 07:32 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:4,988 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Central Gas

Structure and exterior

  • Roof:Composition
  • Year built:1940
  • Building area:4,988 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Interior Lot
  • Architectural Style:Victorian
  • Construction Materials:Frame
  • Foundation Description:Conventional

Schools

  • High school:Norman HS
  • Middle school:Alcott MS
  • Elementary school:Mckinley ES

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$90.22

Parking

  • Parking description:Backyard, Gravel
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