Updated Multifamily Home with
2641 NW 35th Street, Oklahoma City, OK 73112
MULTI_FAMILY - Other - Oklahoma City, OK
Property size:
3,485 SFLot size:
0.28 AcresPrice / SF:
$140/SF- Added:
- May 20, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 2 at 10:06 am
Property Features for 2641 NW 35th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 5
- Parking
- 6
- Standard status
- Active
- APN
- 2641NW35th73112
- Size
- 3,485 SF
- Lot size
- 0.28 Acres
Building Details
- Year built
- 1948
- Floors in Building
- 1
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Patricia Martinez-Chavez License #147174 (405) 816-3870
Listing office Dean Lemons & Associates 1145 W I-240 Service RD, Oklahoma City, OK (405) 682-9505
Listing date May 20, 2026
MLS# 1230637
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
- Main residence boasts a spacious, remodeled 2405 sq ft floor plan with 3 beds and 2 baths, designed for entertainment and relaxation.
- Includes a separate 1080 sq ft apartment with 2 beds and updated kitchen/bathroom, ideal for guests or rental income.
- Features a beautiful inground swimming pool and covered patios for outdoor entertainment.
- Remodeled kitchen with granite countertops, a large island, and modern flooring.
- Prime location in the center of OKC, close to downtown, Thunder Alley, Paseo District, and the airport.
- Offers ample storage, including two large closets in the main residence and an 8x10 storm shelter accessible from the master bathroom.
Overview
This multifamily property features a blend of entertainment, charm, and modern living. The main residence offers a spacious 2405-square-foot floor plan with 3 beds and 2 full baths. The home includes a remodeled kitchen with granite countertops, a large island, and modern flooring. The dining and family room area features large windows. The master bathroom provides access to an 8x10 storm shelter. The 1080-square-foot apartment has 2 beds and an updated kitchen and bathroom. The property provides flexibility as a guest suite or a potential rental. The property includes a large lot with storage, covered patios, and an inground swimming pool. Located in the center of Oklahoma City, the property is close to downtown, Thunder alley, and the Paseo District, and minutes from the airport. The property size is 3485 square feet and the lot size is 0.2801 acres.
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 | $56.5k | $16.20 |
| − Vacancy | −$2.9k | −$0.84 |
| EGI | $53.5k | $15.36 |
| − OpEx | −$24.1k | −$6.91 |
| NOI | $29.4k | $8.45 |
3,485 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$420.5K
$368.0K – $490.6K
NOI $29,437 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,431 @ 7.0% cap · market cap 17.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.560791
- Latitude
- 35.50609
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Updated multifamily property with pool, apartment, and prime location.
Where is this multifamily property located?
The property is located at 2641 NW 35th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Main residence boasts a spacious, remodeled 2405 sq ft floor plan with 3 beds and 2 baths, designed for entertainment and relaxation.; Includes a separate 1080 sq ft apartment with 2 beds and updated kitchen/bathroom, ideal for guests or rental income.; Features a beautiful inground swimming pool and covered patios for outdoor entertainment.
