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    Brick Four-Unit Quadplex with Parking Title is generated by Realmo AI

    1138 NW 34th Street, Oklahoma City, OK 73118

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    For Sale
    $649,000

    MULTI_FAMILY - Other - Oklahoma City, OK

    Property size:
    4,154 SF
    Price / SF:
    $156/SF
    Added:
    Apr 8, 2026
    Days on Market:
    74
    Last Refresh:
    Jun 20 at 10:06 am

    Property Features for 1138 NW 34th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 5, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 6, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 6
    Standard status
    Active
    APN
    1138NW34th1-473118
    Size
    4,154 SF

    Building Details

    Year built
    1918
    Floors in Building
    2
    Building materials
    Brick & Frame
    Roof type
    Composition
    Architectural style
    Other

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    Listing Contact
    Sierra Snowden

    Listing agent Sierra Snowden

    Listing office Sage Sotheby's Realty 1047 NW 68th St, Oklahoma City, OK

    Listing date Apr 8, 2026

    MLS# 1222711 Listing URL

    Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brick & frame four‑plex built in 1918 with 4 individual units and private entrances
    • Composition shingle roof and well‑maintained brick exterior
    • Units feature hardwood flooring and neutral finishes
    • Kitchens and baths have practical layouts for updates or customization
    • Rear includes off‑street parking and shared outdoor space
    • Upper units offer access to covered balconies

    Overview

    The Dix Condos is a well-maintained brick quadplex with four individual units, each featuring its own private entrance. The interior layouts are designed for efficient flow from living areas into bedrooms, with hardwood flooring and neutral finishes throughout. Kitchens and baths provide practical, functional spaces, with room for future updates or customization. Natural light fills the units, and the upper units include access to covered balconies, adding additional usable outdoor living space.

    Located in Oklahoma City at 1138 NW 34th Street, the property is described as centrally positioned with convenient access to local amenities, shopping, dining, and major thoroughfares. The exterior includes a welcoming front facade, while the rear offers off-street parking and shared outdoor space for tenants.

    This four-plex configuration makes the property a straightforward fit for buyers seeking a small multifamily investment or an owner-operator arrangement with multiple independent entrances. With all four units situated within one brick building and supported by exterior parking and shared outdoor areas, the asset offers a compact, manageable structure for long-term ownership strategies.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $57.3k $13.80
    − Vacancy −$3.2k −$0.76
    EGI $54.2k $13.04
    − OpEx −$16.3k −$3.91
    NOI $37.9k $9.13
    4,154 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $541.7K
    $474.0K – $632.0K (±1% cap)
    NOI $37,921 @ 7.0% cap · market cap 5.84%
    Second Best
    Apartment 5plus
    $501.3K
    $438.6K – $584.8K (±1% cap)
    NOI $35,088 @ 7.0% cap · market cap 5.41%
    Theoretical Best
    Specialty Retail
    $1.42M
    $1.24M – $1.66M (±1% cap)
    NOI $99,447 @ 7.0% cap · market cap 15.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Latham Consulting Group Business Management Consultant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.531714
    Latitude
    35.504936

    FAQs

    What type of property is this?
    Quadplex - Four well-maintained units with private entrances, hardwood floors, and off-street parking plus shared outdoor space.
    Where is this quadplex located?
    The property is located at 1138 NW 34th Street Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: Brick & frame four‑plex built in 1918 with 4 individual units and private entrances; Composition shingle roof and well‑maintained brick exterior; Units feature hardwood flooring and neutral finishes
    More about this property
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