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12-Unit Brick Apartment Building
For Sale
$850,000
Pending

521 SW 24th Street, Oklahoma City, OK 73109

Residential Income, Oklahoma City, OK

Property Size9,438 SF
Lot Size0.48 Acres
Days on Market177

Property Features for 521 SW 24th Street

General Information

Property type Residential Multi Family
Property subtype Other
Lot features Interior Lot
Elementary school Lee ES
Middle school Capitol Hill MS
High school Capitol Hill HS
Elementary school district Oklahoma City
Middle school district Oklahoma City
High school district Oklahoma City
Directions From SW 24th and Walker, turn West on SW 24th. There are 3 buildings on the North side of SW 24th.
Standard status Pending
APN 521SW24th73109
Size 9,438 SF
Lot size 0.48 Acres

Amenities

mock fireplaces

Building Details

Year built 1929
Floors in Building 2
Building materials Brick
Roof type Composition
Architectural style Other
Listing Agency: Spearhead Realty Group LLC
Listed By: Thao Nguyen-Pham · License #200060
Added: Feb 27 Changed: Aug 20 Last Checked: Aug 23 at 1:06PM
MLS# 1216388

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.

Investment Insights

Based on property information with market context.

This multifamily property contains 12 one-bedroom, one-bath apartments arranged across three separate buildings, with four units in each building. The 9,438-square-foot complex was built in 1929 with brick construction, and individual apartments include mock fireplaces. The composition roof was replaced in 2017, while most units have newer windows.

The property is located in Oklahoma City’s Historic Capitol Hill District and is currently 100% occupied. Some residents receive city rental assistance, and several units are leased below market levels. A detached storage building at the rear adds functional space and has been identified as a possible location for a laundry facility. The 0.4821-acre site is addressed at 521 SW 24th Street.

Key Highlights

  • 12 one‑bedroom, one‑bath units across three buildings
  • 9,438 square feet on a 0.4821‑acre site
  • 100% occupied with some residents receiving city rental assistance

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Law Firm Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby

Demographics for 73109, OK

20,148
Population
8,344
Households
2.4
Avg Household Size
33
Median Age
7%
College-Educated
65%
High-School Grad
5.4 sq mi
ZIP Area
3,731
Density / Sq Mi
$40,944
Median Household Income
$28,370
Median Earnings
$851
Median Rent
$89,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with three buildings, consistent unit layouts, and a rear storage structure.
Where is this apartment building located?
The property is located at 521 SW 24th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 12 one‑bedroom, one‑bath units across three buildings; 9,438 square feet on a 0.4821‑acre site; 100% occupied with some residents receiving city rental assistance
More about this property
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