1. Oklahoma
  2. Norman
  3. 623 Dakota Street
$225,000

623 Dakota Street, Norman, OK 73069

  • 3 beds |
  • 2 baths |
  • 1,472 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $153/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Two Homes, One Investment—Near OU! This unique opportunity includes two updated homes on one lot—623 Dakota and 620 W Acres—positioned back-to-back with separate street access and private yards. Perfect for investors, house-hackers, or multi-generational living, both homes are tenant-occupied and generating $2,025/month in combined rent, offering a solid ~10% cap rate based on current taxes. 623 Dakota is a 2-bedroom, 1-bath home leased at $1,150/month through April 2026. 620 W Acres features 1 bedroom and 1 bath, leased at $875/month through May 2026. Recent updates to both homes include new roofs (2023), foundation repairs, granite countertops, new flooring and paint, and modern finishes throughout. Located just minutes from the University of Oklahoma and I-35, this is a rare opportunity to own two income-producing properties on one lot. Whether you plan to live in one and rent the other or keep both as long-term rentals, this property offers flexibility and strong returns. Do not disturb tenants. Showings available only after an accepted offer. Homes are sold together and cannot be purchased separately.

Listing Status:
Pending
Date Added:
May 16, 2025 at 05:00AM
Listing Office:
Arrived OKC : 405-772-3241
Listing Agent:
Sabrina Adams : 405-772-3241
MLS ID:
1170299

This listing courtesy of Sabrina Adams, Arrived OKC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Adams Elementary School

817 Denison Dr, Norman, OK, 73069

Grades PK-5

0.26 miles away

L

Longfellow Middle School

215 N Ponca Ave, Norman, OK, 73071

Grades 6-8

0.90 miles away

N

Norman High School

911 W Main St, Norman, OK, 73069

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.