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    3815 NW 23 Cir Oklahoma City, OK 73107

    Sponsored
    For Sale
    $1,299,100

    Apartment - Oklahoma City, OK

    Type:Apartment
    Property size:
    13,510 SF
    Lot size:
    0.64 Acres
    Days on Market:
    32
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 3815 NW 23 Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    3815NW2373107
    Size
    13,510 SF
    Lot size
    0.64 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1969
    Floors in Building
    2
    Number of units
    13
    Building materials
    Brick, Frame
    Architectural style
    Other

    Keller Williams Realty Green Meadow (405) 691-2556 [email protected]

    Listing agent J.K. Chism (405) 691-2556 License #144229

    Listing date Dec 5, 2025

    MLS# 1156871 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 Apartment Investment Opportunity

    This property presents an investment opportunity featuring a 12-unit apartment complex in addition to a 1,152 square foot house. The complex consists of three buildings with a modified Bitman roofing system that is almost 10 years old. Recent updates have been made to the property, which includes ten covered parking spaces. Six units have been recently remodeled, and there are three newer heating and four newer air conditioning units. Currently, three units are designated for Section 8 housing. The 12 units are each 1,036 square feet with 2 bedrooms and 1.5 bathrooms. Converting the units to 3 bedrooms could potentially increase Section 8 rents to $1,623 monthly. The property is located in Oklahoma City, OK 73107 and is situated on a 0.64-acre lot.
    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 Clothing Store Building Supply 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
    -97.586264
    Latitude
    35.493569

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    FAQs

    What type of property is this?
    Apartment building - 12-unit apartment complex with house and covered parking.
    Where is this apartment building located?
    The property is located at 3815 NW 23 Cir Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $1,299,100.
    What are key features of this property?
    This property features: - Investment opportunity: 12-unit apartment complex plus an additional house.; - Potential for increased cash flow: Option to convert units to 3-bedroom for higher Section 8 rents.; - Recent updates: Includes 6 recently remodeled units.
    (405) 691-2556
    Request Owner's contact information
    3815 NW 23 Cir Oklahoma City, OK 73107
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    Oklahoma City, OK 73107
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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
    3815 NW 23 Cir Oklahoma City, OK 73107
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