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Steve's Apartments 506 SW 24th St 8 Unit Apartment Building $2,077,365 CAD ($259,671 CAD/Unit) Oklahoma City, OK 73109

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INVESTMENT HIGHLIGHTS

  • Fully Occupied
  • Great investment opportunity!
  • Close to Downtown!

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $2,077,365 CAD
Price Per Unit $259,671 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.23 AC
Building Size 4,742 SF
No. Stories 2
Year Built 1930
Parking Ratio 2.53/1,000 SF
Zoning I-2

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
100502750
Land Assessment
$3,242 CAD
Improvements Assessment
$45,354 CAD
Total Assessment
$48,596 CAD
  • Listing ID: 38694677

  • Date on Market: 2025-12-08

  • Last Updated:

  • Address: 506 SW 24th St, Oklahoma City, OK 73109

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