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1-Bed Apartment Building
For Sale
Contact for pricing
Pending

229 E Madison Avenue, Oklahoma City, OK 73105

Twenty-three units each include a refrigerator, electric stove, and dishwasher, with central heat and air throughout.

Property SizeContact for details
Days on Market148

Property Features for 229 E Madison Avenue

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Key Realty and Property Management
Listed By: Karyn Seabrooke · License #OK141343
Source: Crexi
Added: Apr 12 Changed: Sep 5 Last Checked: Sep 4 at 11:09PM

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 Key Realty and Property Management

Investment Insights

Based on property information with market context.

This 23-unit apartment building features one-bedroom, one-bath units with central heat and air. Each unit is equipped with a refrigerator, electric stove, and dishwasher. The property includes an on-site coin-operated laundry facility, and it is reported as 100% occupied.

Residents pay electricity only, while the owner pays water and trash and maintains landscaping. The remarks also note a new roof installed in February 2020.

The units are described as offering downtown views from those facing north, and the sale requires qualified buyers only.

Key Highlights

  • 23‑unit apartment building; all units are 1 bed, 1 bath
  • Central heat and air in each unit; resident pays electricity only
  • Owner pays water, trash, and landscaping maintenance

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Pharmacy Garden Center Hotel & Motel Storage Facility (Bike/Boat/Book/etc) Store

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

726
Businesses Nearby

Demographics for 73105, OK

5,835
Population
3,416
Households
1.7
Avg Household Size
35
Median Age
39%
College-Educated
94%
High-School Grad
4.5 sq mi
ZIP Area
1,297
Density / Sq Mi
$48,314
Median Household Income
$32,614
Median Earnings
$1,091
Median Rent
$162,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Twenty-three units each include a refrigerator, electric stove, and dishwasher, with central heat and air throughout.
Where is this apartment building located?
The property is located at 229 E Madison Avenue Oklahoma City, OK.
What are key features of this property?
This property features: 23‑unit apartment building; all units are 1 bed, 1 bath; Central heat and air in each unit; resident pays electricity only; Owner pays water, trash, and landscaping maintenance
More about this property
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