506 SW 24th St - Apartments FOR SALE


Oklahoma City, OK 73109- Capitol Hill
$1,500,000 USD
405-431-7003
506 SW 24th St, Oklahoma City, OK for Sale
$1,500,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

506 SW 24th St
Oklahoma City, OK 73109
Capitol Hill


HIGHLIGHTS

  • Long and short term rental opportunities
  • Near downtown Oklahoma City
  • Near Scissortail park and Okana

OVERVIEW

Don’t miss this excellent opportunity to own a well-maintained, consistently rented 8-unit apartment complex located just minutes from downtown. This multifamily property combines vintage charm with thoughtful, moderate updates that appeal to long-term tenants and investors alike. Each unit offers a comfortable, functional layout with updated kitchens, bathrooms, and flooring in select units, while preserving the classic architectural character of the building. The property has been regularly maintained, with recent improvements including upgraded systems and exterior enhancements, ensuring low ongoing maintenance costs. Ideal for both seasoned investors and those looking to start or expand a real estate portfolio, this property offers steady income in a high-demand rental area. With its unbeatable location and reliable performance, this is a rare find in today’s market.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$316 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Steve's Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,901 SF

ZONING

I-2

APN/PARCEL ID

100502750

ASK ABOUT THIS PROPERTY

Stefani BurtonLRE RealtyMore Info
405-431-7003

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Stefani BurtonLRE RealtyMore Info
405-431-7003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.