521 SW 24th Street, Oklahoma City, OK 73109

• 9,438 sqft

Property Description

This solid brick 12-unit apartment community offers a strong blend of stable cash flow and value-add upside in the Historic Capitol Hill District of Oklahoma City. The property consists of three separate buildings, each with four units, and features a desirable unit mix of twelve 1-bedroom, 1-bath units, each with charming mock fireplaces. Roof was replaced 2017 and newer windows in most units. The property is currently 100% occupied, with some tenants receiving City's rental assistance, providing immediate and reliable income. Some units have under market rent which gives rooms for potential higher cash flow in the future. A storage building at the rear of the property offers additional upside and could be converted into a laundry facility for extra revenue. With strong rental demand in the area and further potential through continued improvements, this is an excellent opportunity for an investor seeking steady cash flow today with room to grow returns tomorrow. Disclosure: The listing agent has equitable interest in the property.

Listing Status:

Pending

Data Last Updated:

August 6, 2026 at 12:21AM

Listing Office:

Spearhead Realty Group LLC : 405-493-8144

Listing Agent:

Thao Nguyen-Pham : 405-514-0930

MLS ID:

1216388

Exterior

• Style: Traditional

Construction

• Roofing: Composition
• General: BrickSlab

Location

• Originating MLS: mlsok
• School District: Oklahoma City
• County: Oklahoma

Lot

• Zoning: 521SW24th73109

Financial

• Source: mlsok