623 Dakota Street, Norman, OK 73069

Two Homes, One Investment—Near OU! This unique opportunity includes two updated homes on one lot—623 Dakota and 620 W Acres—positioned back-to-back with separate street access and private yards. Perfect for investors, house-hackers, or multi-generational living, both homes are tenant-occupied and generating $2,025/month in combined rent, offering a solid ~10% cap rate based on current taxes. 623 Dakota is a 2-bedroom, 1-bath home leased at $1,150/month through April 2026. 620 W Acres features 1 bedroom and 1 bath, leased at $875/month through May 2026. Recent updates to both homes include new roofs (2023), foundation repairs, granite countertops, new flooring and paint, and modern finishes throughout. Located just minutes from the University of Oklahoma and I-35, this is a rare opportunity to own two income-producing properties on one lot. Whether you plan to live in one and rent the other or keep both as long-term rentals, this property offers flexibility and strong returns. … read more …