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5-Unit Renovated Apartment Building
For Sale
Contact for pricing
Pending

1138 N McKinley Ave, Oklahoma City, OK 73106

Two renovated structures offer updated residences and assigned off-street parking for every unit.

Property SizeContact for details
Days on Market145

Property Features for 1138 N McKinley Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 1 x 2BR/2BA, 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 5

Building Details

Year Renovated 2018
Buildings 2
Construction Craftsman
Listing Agency: Cherrywood Real Estate
Listed By: Carter Still · License #OK
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 8:46PM

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 Cherrywood Real Estate

Investment Insights

Based on property information with market context.

This five-unit apartment property includes two structures, including a 1940s Craftsman, with extensive renovations completed in 2018. Improvements included HVAC systems, flooring, paint, tile, cabinetry, countertops, fixtures, windows, appliances, and repairs or replacements to other systems. The unit mix comprises one 2-bedroom, 2-bath residence; two 2-bedroom, 1-bath residences; and two 1-bedroom, 1-bath residences. Each unit has assigned off-street parking, and the property is fully occupied.

The property is located a few blocks south of Oklahoma City's Plaza District, with local shops and restaurants nearby. Midtown, Uptown, Paseo, and Downtown are each within 1 to 2 miles.

Key Highlights

  • Five‑unit apartment property with one 2‑bedroom, 2‑bath unit, two 2‑bedroom, 1‑bath units, and two 1‑bedroom, 1‑bath units
  • Two structures extensively renovated in 2018
  • 1940s Craftsman included among the property’s two structures

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Locksmith Travel Agency Veterinary Clinic Arcade & Gaming Center

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

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,471
Businesses Nearby

Demographics for 73106, OK

12,956
Population
6,069
Households
2.1
Avg Household Size
32
Median Age
40%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
4,319
Density / Sq Mi
$51,934
Median Household Income
$32,145
Median Earnings
$1,050
Median Rent
$262,500
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 - Two renovated structures offer updated residences and assigned off-street parking for every unit.
Where is this apartment building located?
The property is located at 1138 N McKinley Ave Oklahoma City, OK.
What are key features of this property?
This property features: Five‑unit apartment property with one 2‑bedroom, 2‑bath unit, two 2‑bedroom, 1‑bath units, and two 1‑bedroom, 1‑bath units; Two structures extensively renovated in 2018; 1940s Craftsman included among the property’s two structures
More about this property
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