521 SW 24th Street, Oklahoma City, OK 73109
Local realty services provided by:Better Homes and Gardens Real Estate Paramount
Listed by: thao nguyen-pham
Office: spearhead realty group llc.
MLS#:1216388
Source:OK_OKC
521 SW 24th Street,Oklahoma City, OK 73109
$850,000
- - Beds
- - Baths
- 9,438 sq. ft.
- Multi-family
- Active
Price summary
- Price:$850,000
- Price per sq. ft.:$90.06
About this home
This solid brick 12-unit apartment community offers a strong blend of stable cash flow and value-add upside in the Historic Capitol Hill District of Oklahoma City. The property consists of three separate buildings, each with four units, and features a desirable unit mix of twelve 1-bedroom, 1-bath units, each with charming mock fireplaces. Roof was replaced 2017 and newer windows in most units. The property is currently 100% occupied, with some tenants receiving City's rental assistance, providing immediate and reliable income. Some units have under market rent which gives rooms for potential higher cash flow in the future. A storage building at the rear of the property offers additional upside and could be converted into a laundry facility for extra revenue. With strong rental demand in the area and further potential through continued improvements, this is an excellent opportunity for an investor seeking steady cash flow today with room to grow returns tomorrow.
Disclosure: The listing agent has equitable interest in the property.
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Home facts
- Year built:1929
- Listing ID #:1216388
- Added:5 day(s) ago
- Updated:March 09, 2026 at 12:38 PM
Rooms and interior
- Living area:9,438 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1929
- Building area:9,438 sq. ft.
- Lot area:0.48 Acres
- Lot Features:Interior Lot
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Slab
Schools
- High school:Capitol Hill HS
- Middle school:Capitol Hill MS
- Elementary school:Lee ES
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$90.06
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