Positioned in a prime investment location on Deans Row in Norman, just steps from Campus Corner at the University of Oklahoma campus, this 9-unit multifamily property offers an exceptional opportunity for investors seeking strong rental demand and consistent cash flow. Each unit features a 1-bedroom, 1-bathroom layout with a functional kitchenette, ideal for students, faculty, or young professionals looking for affordable, low-maintenance living near campus. The property’s proximity to the university ensures high occupancy potential and long-term rental stability. This is a rare chance to own a multi-family asset in a high-demand rental market, with upside potential through value-add improvements, rent optimization, or long-term hold strategy. Whether you're expanding your portfolio or entering the Norman investment market, this property checks all the boxes for location, demand, and income potential.
| MLS # | 1221606 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 165 |
| Listing Provided By | Homestead + Co | Samuel Gosdin |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 3,488 |
| Fireplaces Total | 0 |
|---|
| Lot Features | Interior Lot |
|---|---|
| Foundation Details | Combination |
| Parking Features | Additional Parking, Concrete |
|---|
| Okc Tax Amount | 8805.0000 |
|---|---|
| Tax Block | 02 |
| Tax Lot | 19 |
| State | OK |
|---|---|
| County | Cleveland |
| City | Norman |
| Zip Code | 73069 |
| School District | Cleveland |
| School District | Norman HS |
| Elementary School | Lincoln ES |
| High School | Norman HS |
| Listing VS Median (in 73069) | |
Price: $1,200,000 low | high Med: $275,950 sqft: 3,488 low | high Med: 1,391 $ / sqft: $344 low | high Med: $201 On site: 165 low | high Med: 51 | |
| State | OK |
|---|---|
| County | Cleveland |
| City | Norman |
| Zip Code | 73069 |
| School District | Cleveland |
| School District | Norman HS |
| Elementary School | Lincoln ES |
| High School | Norman HS |
| Listing VS Median (in 73069) | |
Price: $1,200,000 low | high Med: $275,950 sqft: 3,488 low | high Med: 1,391 $ / sqft: $344 low | high Med: $201 On site: 165 low | high Med: 51 | |