3204 S Portland Avenue, Oklahoma City, OK 73119

Oklahoma City
Local realty services provided by:Better Homes and Gardens Real Estate Paramount
Listed by: braxton heard
Office: homestead + co
MLS#:1244036
Source:OK_OKC
3204 S Portland Avenue,Oklahoma City, OK 73119
$770,000
  • 22 Beds
  • 11 Baths
  • 6,600 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$770,000
  • Price per sq. ft.:$116.67

About this home

Eleven unit multifamily portfolio plus a buildable lot, sold together as one package in Oklahoma City, Oklahoma. Two single-story apartment buildings. One six unit building, one five unit building, producing $8,440 per month / $101,280 annually in gross income, with an all 2 bedroom 1 bathroom unit mix that leases fast and turns cheap. Single-story construction means no stairwells, no elevator, and lower maintenance, insurance, and turnover costs than two-story product. One repeatable floor plan across all eleven doors makes this portfolio easy to manage, easy to underwrite, and easy to scale. The vacant adjacent lot creates room for additional units and additional income. Strong fit for buy and hold investors, 1031 exchange buyers, and value-add operators. Rent roll and pro forma available. Eleven doors, three parcels, one closing. Do not walk the property or talk to the tenants without the written permission of the listing realtor.

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Home facts

  • Year built:1950
  • Listing ID #:1244036
  • Added:2 day(s) ago
  • Updated:August 14, 2026 at 12:47 PM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:11
  • Full bathrooms:11
  • Living area:6,600 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1950
  • Building area:6,600 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Corner Lot, Infill Lot
  • Construction Materials:Brick & Frame
  • Foundation Description:Conventional

Schools

  • High school:U. S. Grant HS
  • Middle school:Roosevelt MS
  • Elementary school:Adams ES

Finances and disclosures

  • Price:$770,000
  • Price per sq. ft.:$116.67

Parking

  • Total parking spaces:22
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