1838 NW 11th ST Active Save Request In-Person Tour Request Virtual Tour
Oklahoma City,OK 73106
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,480 sqft
Price per Sqft $216
MLS Listing ID OKC1118389
Year Built 1928
Annual Tax Amount $6,774
Lot Size 7,000 Sqft
Property Sub-Type Investment
Property Description
This exceptional investment property generates over $7,300 a month in income and is situated just five blocks south of the bustling Plaza District and also near Mid-Town. The complex comprises ten beautifully renovated units that combine modern amenities with preserved historic details. At the heart of this property is a six-unit Gothic-style building, which boasts an updated water supply system, efficient mini split HVAC units, updated thermal windows, updated electrical systems and services, and exquisitely refurbished interiors.
Next door, two separate duplexes have been fully renovated to the same high standard. The property also includes new concrete parking at the rear and new sidewalks surrounding the entire corner. This turnkey rental package ensures low overhead costs, making it an attractive option for investors.
Located in one of Oklahoma City's fastest-growing areas, this property offers tenants access to green spaces, with some units featuring private yards. The architecture, high-end finishes, and availability of both private and communal gardens and grilling areas add to its appeal. The units include eight one-bedroom apartments of various sizes and two efficiency apartments, all plumbed for European-style washer-dryer combos. This is a rare opportunity for investors to acquire a high-quality, hassle-free asset in a prime location.
Location
State OK
County Oklahoma
Zoning Multi-Family
Interior
Heating Zoned Electric
Cooling Zoned Electric
Fireplace N
Building
Story 2
Others
Virtual Tour https://www.propertypanorama.com/instaview/okc/1118389