Both sides are rented. One brings 950, another 900 a month. Tenants pay all utilities. Do not disturb tenants, showings are strictly with an accepted offer. Owner is broker OREC 175378
DO NOT DISTURB TENANTS. Prime Investment Opportunity! 21-Unit Apartment Building Near OU! Located just 5 minutes from the University of Oklahoma, this newly renovated 21-unit apartment complex is a fantastic investment opportunity, perfect for student housing! Each one-bedroom unit features fresh updates, ensuring modern comfort and appeal. The property has been enhanced with brand new sidewalks and landscaping, adding to its curb appeal and desirability. With its prime location in the heart of Norman, tenants will enjoy easy access to campus, dining, shopping, and entertainment. Consistent demand makes this a smart addition to any investment portfolio.
Turnkey Norman Triplex! Looking for a property that pays for itself? This high-performing triplex near OU and Downtown Norman delivers solid income of $42,000/yr @ $3,500/mo, an 8.5-9% cap rate. A true long-term value. A charming 2-bedroom cottage plus a modern two-level ADU with two studio apartments all fully leased! Enjoy updated interiors, 2023 roofs, Fiber Internet, 4 dedicated parking spaces, and a large, fenced yard shaded by mature trees. Live in one and let the others cover the mortgage or keep all three as cash-flowing rentals. Great location near restaurants, campus, arts, and nightlife, this is a rare Norman gem that checks every box!
Great opportunity to own 24 units(6 4 plexes) with new class 4 hail resistant roofs and new exterior siding and paint. Windows are newer and most systems have been upgraded. There are 4 2 bedroom, 1 bath unit in each building with approximately 975 square feet. 2 units upstairs and 2 units downstairs. Each unit is separately metered and tenant pays their own utilities. They feature central heat and air, washer/dryer hookups, and all kitchen appliances. These are total electric units. They are close to Norman North High School and have a history of high occupancy rates. Listing broker is an owner of the company that owns these buildings with real estate license number 071687. This listing includes 309 Falcon Ct, 312 Falcon Ct(assessor account #31812), 316 Falcon Ct(assessor account # 31811), 320 Falcon Ct(assessor account #31810), 1812 Wren(assessor account # 31808), and 1816 Wren(assessor account # 31807). Room for rental increases.
Well maintained duplex that stays full. New class 4 hail resistant roof installed in 2021(ask your insurance agent about discounts for this type roof). 2 bedrooms, 1 bath on each side with a fireplace, all kitchen appliances, central heat/air, one car garage, and a fenced yard. Separately metered and tenant pay utilities. All new driveway, etc. in 2024. 1911 tenant has been there since 2016(rent is low but getting increased). Room for increased rents. This is a great opportunity to own a nice duplex at a reasonable price. Listing broker is an owner of the selling LLC with real estate license #071687.
Well maintained 2 story 4 plex 100% occupied. Features 4 bedroom units with 1 bath each and approximately 975 square feet per unit. Separate meters and tenant pays the utilities. Total electric. Great upside on rent as rents are below market. Recent roof replacement with class 4 hail resistant shingle. Listing broker is an owner of the selling LLC with real estate license #071687. Seller will consider owner financing with 25% down with a 30 year AM and a 7 year balloon at 6%.
An exceptional opportunity to invest in a unique property directly across the street from the University of Oklahoma. This duplex is located on the north side of Boyd street, across from the University of Oklahoma, offering a remarkable location. Both of the duplex features an identical layout, with six bedrooms and three bathrooms per side . Each unit offers 2480 square feet of living space, totaling 4960 square feet across the entire structure. This property is built with high-quality materials and finishes. Both sides of the duplex are currently rented and we are pre-leasing for 2026-2027 for $1100 a room for all 12 rooms. There are currently 10 parking spaces, but there is an OU computer parking lot across the street. It is a great investment with OU joining the SEC.
Prime Investment Opportunity! This 1,170 sq. ft. two-bedroom duplex sits on a 6,098 sq. ft. lot in one of the most sought-after locations near the stadium. Just one block from the Jenkins and Lindsey intersection and directly behind Headington Hall—diagonally across from the stadium—this property offers unmatched potential. Whether you choose to renovate or rebuild, the possibilities are endless. The lot may qualify for re-zoning to multi-family or mixed residential/commercial use, and it’s already approved for Airbnb.
Major Price improvement INVESTOR ALERT! Triplex Opportunity in Norman, OK 414 Ferrill St, #416, Norman, OK 73071 1,824 sqft 5 Beds 3 Baths 6,098 sqft Lot Multi-Family Home – Three income-generating units under one roof! Strong Rental Potential – Ideal for investors or owner-occupants looking for cash flow. Spacious Living – 1,824 sqft with a large 6,098 sqft lot—plenty of room to grow. Prime Location – Situated in Norman, Only three minutes drive from OU, close to shopping, dining, and major highways. Why You’ll Love It: This well-maintained triplex offers a fantastic opportunity to build wealth through rental income or house hacking. Three units can lease it for up to $2,600 monthly, making it perfect for investors or first-time buyers looking to offset their mortgage. Don’t miss out—schedule a viewing today! Please allow 48 hour to show. #NormanOKRealEstate #TriplexForSale #InvestmentProperty #HouseHacking #CashFlowOpportunity
Great 6 unit on a quiet street just a mile from the University of Oklahoma (OU) campus. These large units are fully metered for all utilities including garbage. There are washer/dryers in every unit and 12 parking spaces. The roof is in excellent condition and there are no deferred maintenance issues. The property has been owned by the current owner for the past 28 years. There is room to easily move rents to $850-900/mo
Fantastic investment opportunity 1 mile from campus in Norman. 5 units total, 3 are currently rented. 4 of 5 units have been recently renovated, and the property has a new roof as of August 2024. Nice backyard area with storage. Amazing cashflow potential with just a little work to complete the last unit's renovation. Properties like this don't come along often- check it out today!
A rare opportunity to own 5 rental homes on approx 1.47 acres of land currently zoned agricultural but should be able to be zoned commercial as the land to the North is C2 and the land to the South is C1. Walmart and many major developments are within 1 mile and this land has approx 250 feet of frontage on HW 9. All 5 homes are leased and are in pretty good shape and have been generally updated. Collect rent while you plan a commercial rezoning/development or resale. One home is leased at way below market rent to a company employee. Room for rate increases on most of the leases. Listing broker is an owner of the company that owns this property with real estate license #071687. The assessor has the address as 101-105 Home Account #: 22341 / Parcel ID: NC29 8 2W 9017
Norman is located in Oklahoma. Norman, Oklahoma has a population of 125,745. Norman is less family-centric than the surrounding county with 33.21% of the households containing married families with children. The county average for households married with children is 34.32%.
The median household income in Norman, Oklahoma is $59,866. The median household income for the surrounding county is $67,068 compared to the national median of $69,021. The median age of people living in Norman is 31 years.
The average high temperature in July is 92.9 degrees, with an average low temperature in January of 26.7 degrees. The average rainfall is approximately 39.7 inches per year, with 5.2 inches of snow per year.
