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    1731 NW 32Nd St Oklahoma City, OK 73118

    Sponsored
    For Sale
    $1,190,000

    Investment - Oklahoma City, OK

    Property size:
    11,948 SF
    Days on Market:
    207
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1731 NW 32Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    APN
    1731NW32nd73118
    Size
    11,948 SF

    Building Details

    Year built
    1964
    Floors in Building
    2
    Number of units
    16
    Architectural style
    Other

    LIME Realty (704) 609-1395 [email protected]

    Listing agent Kelly Heaton (704) 609-1395 License #175317

    Listing date Jun 13, 2025

    MLS# 1175629 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.

    Overview

    Oklahoma City Multifamily Investment Opportunity

    Located in Oklahoma City, this 16-unit multifamily property at 1731 NW 32nd Street offers immediate income potential. The property consists of nine two-bedroom units, six one-bedroom units, and one three-bedroom unit. The property has an 85% occupancy rate and has upgraded electrical systems. A pre-inspection report and roof report are available. Rents are currently below market value, presenting an opportunity for increased income through strategic improvements or unit refreshes. The complex has on-site laundry machines that are currently not in use but offer potential for added income. The property is located near major commuter routes, a college, and employment centers, providing consistent tenant demand in a strong rental corridor. The property size is 11,948 square feet. The property is zoned for multi-family use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.541823
    Latitude
    35.503361

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    FAQs

    What type of property is this?
    Apartment building - 16-unit multifamily property with immediate income and long-term potential.
    Where is this apartment building located?
    The property is located at 1731 NW 32Nd St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $1,190,000.
    What are key features of this property?
    This property features: - Cash-flowing 16-unit multifamily property with 85% occupancy for immediate income.; - Significant value-add potential through rent increases to market rates.; - Upgraded electrical systems for low-maintenance operations.
    (704) 609-1395
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    1731 NW 32Nd St Oklahoma City, OK 73118
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    Oklahoma City, OK 73118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1731 NW 32Nd St Oklahoma City, OK 73118
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