1838 NW 11th ST Active Save Request In-Person Tour Request Virtual Tour
Oklahoma City,OK 73106
Key Details
Property Type Multi-Family
Sub Type More Than 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,480 sqft
Price per Sqft $107
MLS Listing ID OKC1184562
Style Tudor,Other
Bedrooms 6
Full Baths 6
Year Built 1928
Annual Tax Amount $6,774
Lot Size 7,000 Sqft
Property Sub-Type More Than 4 Units
Property Description
Incredible opportunity to own a stabilized, fully renovated 6-unit multifamily just steps from the Plaza District and Midtown. Built in 1928 with striking Gothic Revival architecture, this historic property has been thoughtfully restored with modern systems and finishes throughout.
The unit mix includes four 1 bed / 1 bath units and two studio apartments, all featuring updated plumbing, new electrical, mini-split HVAC systems, energy-efficient windows, and in-unit washer/dryer hookups. Exterior upgrades include a new roof, landscaped courtyard, concrete walkways, and a new rear parking pad.
Five of six units are currently leased, producing $4,497/month in gross rent. Stabilized market rent projects to $5,200–$5,400/month. Annualized income at current occupancy is $53,964, with upside on lease renewals and the final unit.
This turnkey asset is ideal for investors seeking cash flow, appreciation, and minimal deferred maintenance in one of OKC's most desirable rental corridors. Close to OCU, Uptown 23rd, and major employment centers—this location consistently attracts high tenant demand.
Location
State OK
County Oklahoma
Interior
Heating Zoned Electric
Cooling Zoned Electric
Exterior
Roof Type Other
Building
Lot Description Other
Story 2
Foundation Conventional
Structure Type Brick & Frame
Schools
Elementary Schools Eugene Field Es
Middle Schools Moon Ms
High Schools Douglass Hs
School District Oklahoma City