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    5-Unit Fully Remodeled Multifamily Title is generated by Realmo AI

    1818 NW 29th Street, Oklahoma City, OK 73106

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    Claim this Listing
    For Sale
    $564,000

    MULTI_FAMILY - Craftsman - Oklahoma City, OK

    Property size:
    4,616 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $122/SF
    Added:
    Feb 21, 2026
    Days on Market:
    118
    Last Refresh:
    Jun 19 at 11:06 pm

    Property Features for 1818 NW 29th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    8
    Rooms
    Bedroom 7, Bedroom 5, Bathroom 1, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 8, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 8, Bathroom 5, Bathroom 4, Bathroom 7, Bedroom 3, Bathroom 2
    Parking
    8
    Appliances
    Water Heater
    Standard status
    Active
    APN
    1818NW29th73106
    Size
    4,616 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1933
    Floors in Building
    2
    Building materials
    Brick & Frame, Stone
    Roof type
    Composition
    Architectural style
    Craftsman

    We can help!

    Listing Contact
    Paul Brooks

    Listing agent Paul Brooks License #116430

    Listing office RE/MAX Preferred 3121 Quail Springs Prkwy, Okla. City, OK

    Listing date Feb 21, 2026

    MLS# 1215446 Listing URL

    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.

    HighLights

    • Fully leased multi‑unit property with 5 units
    • Extensive 2023 renovations, including a new roof and updated mechanicals
    • 8 bedrooms and 8 bathrooms across 4,616 SF
    • Each unit includes individual washer/dryer hookups
    • Brick & frame with stone construction; Craftsman style; composition roof
    • Natural gas heating with central air and electric cooling

    Overview

    This multifamily apartment building offers 5 fully remodeled units totaling 4,616 square feet, situated on a 0.1607-acre lot. The property includes extensive 2023 renovations, featuring a new roof and updated mechanicals. Each unit is equipped with individual washer/dryer hookups, supporting in-unit convenience and day-to-day tenant functionality. The building is presented as turn-key and fully leased, with 8 bathrooms across the combined unit mix.

    The property is located at 1818 NW 29th Street in Oklahoma City, Oklahoma (73106). Public remarks indicate it is within walking distance to OCU and only minutes from Midtown and The Paseo, placing it in a more walkable and established area of the city.

    For buyers seeking a low-effort ownership transition, the fully leased status and 2023 renovation work reduce near-term capital and operational disruption. The unit-level washer/dryer hookups are a practical tenant amenity that can support resident satisfaction and reduce laundry-related friction. Buyer is responsible for verifying all details.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $74.8k $16.20
    − Vacancy −$3.9k −$0.84
    EGI $70.9k $15.36
    − OpEx −$31.9k −$6.91
    NOI $39.0k $8.45
    4,616 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $557.0K
    $487.4K – $649.8K (±1% cap)
    NOI $38,990 @ 7.0% cap · market cap 6.91%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.58M
    $1.38M – $1.84M (±1% cap)
    NOI $110,507 @ 7.0% cap · market cap 19.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    SEOCreed Advertising Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.543151
    Latitude
    35.499243

    FAQs

    What type of property is this?
    Apartment building - Fully leased 5-unit property with 2023 renovations, including a new roof and individual washer/dryer hookups.
    Where is this apartment building located?
    The property is located at 1818 NW 29th Street Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $564,000.
    What are key features of this property?
    This property features: Fully leased multi‑unit property with 5 units; Extensive 2023 renovations, including a new roof and updated mechanicals; 8 bedrooms and 8 bathrooms across 4,616 SF
    More about this property
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