Active

1838 NW 11th Street

Oklahoma City OK, 73106

$1,400,000


$216.05 per sqft

Active

6,480 sqft

Commercial

Built in 1928

Listing courtesy of Heston Bush and with Chinowth & Cohen Listing Contact: 405-330-0031

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.

1118389

MLS ID

May 29, 2024

Listed

October 15, 2024

Updated

Map

1838 NW 11th Street
Oklahoma City OK, 73106

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Electric, Zoned


Heating

Yes


Heating Description

Electric, Zoned

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

Corner Lot

Other Property Details

Taxes

$6,774


Tax Frequency

Annually


Days on Market

99


Association Fee Frequency

Yearly


Garage

No


View

No


County

Oklahoma


Pool

No

Listing History

Date

Event

Price

9/5/2024

Price change

$1,400,000

-7%

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