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Apartment Building for Sale
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516 NW 8th Street Oklahoma, Oklahoma City, OK 73102

Apartment building offered for sale in Oklahoma City, suited for residential rental ownership and operation.

Property SizeContact for details
Days on Market60

Property Features for 516 NW 8th Street Oklahoma

General Information

Standard status Active
Property subtype Multifamily
Occupancy 79%

Building Details

Year Built 1963
Units 29
Listing Agency: Greysteel
Listed By: Doug Banerjee · License #TX #617101
Source: Greysteel
Added: Jun 24 Changed: Aug 22 Last Checked: Aug 22 at 3:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greysteel

Investment Insights

Based on property information with market context.

This apartment building is being offered for sale as a residential income property. The asset is categorized as an apartment building and may be suitable for buyers looking to own and operate multifamily rental housing under a standard residential income strategy.

The property is located at 516 NW 8th Street in Oklahoma City, OK 73102. Its central urban address provides a straightforward residential rental footprint within the Oklahoma City market.

From an ownership and operational standpoint, the building format supports a residential tenant base and typical multifamily management considerations. Prospective buyers, investors, and brokers should review the specific unit mix, condition, and current rent roll during diligence, as those details are not provided here. When evaluating this offering, it is also important to confirm any property-level documentation tied to the building’s existing operating status and to assess required capital items for long-term maintenance and tenant readiness. For tenants and partners, the key takeaway is that this is a dedicated apartment building opportunity, positioned for residential occupancy management by an owner or operator.

Key Highlights

  • Apartment building built in 1963
  • Offered for sale as a residential rental property for ownership and operation

Property Analytics

Current Use

Resilience Property Management Property Management Company The Shay Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Locksmith Mobile Phone Store Buffet

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

Location Intelligence

Trade Area within ½ mile

5,398
Businesses Nearby

Demographics for 73102, OK

3,072
Population
1,460
Households
2.1
Avg Household Size
35
Median Age
27%
College-Educated
86%
High-School Grad
0.8 sq mi
ZIP Area
3,840
Density / Sq Mi
$67,542
Median Household Income
$37,067
Median Earnings
$1,253
Median Rent
$212,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Apartment building offered for sale in Oklahoma City, suited for residential rental ownership and operation.
Where is this multifamily property located?
The property is located at 516 NW 8th Street Oklahoma Oklahoma City, OK.
What are key features of this property?
This property features: Apartment building built in 1963; Offered for sale as a residential rental property for ownership and operation
More about this property
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