2257 Donna Drive, Norman, OK 73071
MULTI_FAMILY - Other - Norman, OK
- Added:
- Jun 11, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 11 at 7:06 pm
Property Features for 2257 Donna Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1
- Fireplace
- 1
- Standard status
- Active
- APN
- 2257NONEDonna225973071
- Size
- 3,524 SF
- Lot size
- 0.34 Acres
Building Details
- Year built
- 1977
- Floors in Building
- 1
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Kristy Beissel License #201955 (405) 531-2671
Listing office Whittington Realty 26 SW 104th, Oklahoma City, OK (405) 703-4100
Listing date Jun 11, 2026
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
- 4‑unit property built in 1977 with Brick & Frame construction
- Each unit includes 2 bedrooms and 1 bathroom
- No leases currently in place—new ownership can set market rents
- NEW roof installed in 2023
- HVAC updates plus appliance upgrades, new windows, and cosmetic improvements including new flooring and paint
- Fireplace included (FireplaceYN: true)
Overview
The property is located at 2257 Donna Drive in Norman, Oklahoma, within minutes of campus and described as ideally positioned within walking distance to shopping and restaurants. The lot size is listed at 0.34 acres.
For buyers and operators seeking a small, multi-unit portfolio, this layout can appeal to tenants looking for roommate-friendly configurations or small households. With a consistent unit mix across all four homes and meaningful renovations already completed, the property may fit well for owners who want straightforward leasing and a uniform floor plan across the asset. All showings are by appointment.
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 | $48.6k | $13.80 |
| − Vacancy | −$3.0k | −$0.85 |
| EGI | $45.6k | $12.95 |
| − OpEx | −$13.7k | −$3.88 |
| NOI | $31.9k | $9.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.426077
- Latitude
- 35.201077