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    5825 NW 34Th St Oklahoma City, OK 73122

    For Sale
    $1,675,000

    Fully occupied apartment complex with recent upgrades and income potential.

    Property size:
    15,344 SF
    Lot size:
    0.42 Acres

    Property Features for 5825 NW 34Th St

    General Information

    Size
    15,344 SF
    Lot size
    0.42 Acres

    Building Details

    Year built
    1969

    Source: KW Summit Agent Alan Larsen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property with Renovation Updates

    This multifamily property features 20 one-bedroom apartments and 4 two-bedroom apartments, all currently occupied. The property has undergone several recent renovations, including new windows, two new steel staircases, full exterior gutters, exterior lighting, a camera security system, a new on-site laundry room, and full exterior electric gated access. The exterior fascia has also been recently painted. The surrounding area is experiencing improvements, with a neighboring apartment complex having undergone a multi-million dollar renovation. The two-bedroom units are currently renting for $725 per month, plus $50 per month for water, sewer, and garbage. The one-bedroom apartments are renting for $625 per month, plus $50 per month for water, sewer, and garbage. There is potential to increase rental rates upon renewal with minimal additional work. The property size is 15344 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mission Place Apartments ... Apartment Building Poptails and nails Spa

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.6180339
    Latitude
    35.5057763

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied apartment complex with recent upgrades and income potential.
    Where is this apartment building located?
    The property is located at 5825 NW 34Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $1,675,000.
    What are key features of this property?
    This property features: - Significant potential to increase rental income by raising rents to market rates.; - Fully occupied complex with a mix of 20 one-bedroom and 4 two-bedroom apartments.; - Recent capital improvements including new windows, steel staircases, gutters, lighting, and exterior paint.
    Request Owner's contact information
    5825 NW 34Th St Oklahoma City, OK 73122
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    Oklahoma City, OK 73122
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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
    5825 NW 34Th St Oklahoma City, OK 73122
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