$1,190,000

1731 NW 32nd Street, Oklahoma City, OK 73118

  • 11,948 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $100/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Welcome to 1731 NW 32nd Street—where stability meets upside. This 16-unit multifamily in the heart of Oklahoma City is already cash-flowing with 85% occupancy, offering immediate income and long-term potential. There are 9-two bedrooms, 6-1 bedrooms. and 1–3-bedroom units. Current ownership has fully upgraded the electrical systems, setting the stage for low-maintenance operations. A clean pre-inspection report and roof report (available upon request), and with rents still below market, savvy investors can capture significant value through strategic improvements or light unit refreshes. The complex has on-site laundry machines currently not in use that can be potential for added income. Located near major commuter routes, a popular college, and employment centers, this asset offers consistent tenant demand in a strong rental corridor. Whether you're expanding your portfolio or entering the multifamily space, this property delivers both reliability and room to grow. Reach out today for financials, rent roll, and to schedule a private showing.

Listing Status:
Active
Date Added:
June 13, 2025 at 05:00AM
Listing Office:
LIME Realty : 405-254-6310
Listing Agent:
Kelly Heaton : 405-808-5265
MLS ID:
1175629
  • General: 2

This listing courtesy of Kelly Heaton, LIME Realty

Monthly Payment

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

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Location

Schools Nearby

P

Putnam Heights Academy Middle School

1601 NW 36th St, Oklahoma City, OK, 73118

Grades 5-8

0.35 miles away

P

Putnam Heights Academy Middle School

1601 NW 36th St, Oklahoma City, OK, 73118

Grades 5-8

0.35 miles away

P

Putnam Heights Academy High School

1601 NW 36th St, Oklahoma City, OK, 73118

Grades 9-12

0.35 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.

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