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Renovated Apartment Community Plus Home
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2801 Southwest 42nd Street, Oklahoma City, OK 73119

24-unit apartment community plus 1 single-family home.

Property Size16,182 SF
Days on Market112

Property Features for 2801 Southwest 42nd Street

General Information

Standard status Active
Size 16,182 SF
Class C
Total Parking Spaces 99
Property subtype Multifamily
Zoning MF
Occupancy 90%
Investment Type Stabilized
Net Operating Income $175,601

Building Details

Year Built 1972
Year Renovated 2025
Buildings 5
Stories 2
Units 40
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: David Fersing · License #TX 41567
Source: Crexi
Added: May 14 Changed: Aug 19 Last Checked: Sep 1 at 9:38AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

Mayridge South features a fully renovated and stabilized 24-unit apartment community in addition to 1 single-family home. The property size is 16182 square feet. Approximately $648,000 has been invested in comprehensive property improvements. Unit interiors feature black appliances, faux wood flooring, modern shaker-style cabinet fronts, brushed nickel hardware, and designer two-tone paint. These recent upgrades position the property to maintain strong occupancy while reducing near-term turnover costs for a new owner. The property offers immediate cash flow.

Key Highlights

  • Fully renovated 24‑unit apartment community plus 1 single‑family home.
  • Approximately $648,000 invested in comprehensive property improvements.
  • Stabilized asset offering immediate, durable cash flow.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply

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

352
Businesses Nearby

Demographics for 73119, OK

31,216
Population
12,008
Households
2.6
Avg Household Size
31
Median Age
6%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
4,591
Density / Sq Mi
$42,936
Median Household Income
$29,529
Median Earnings
$923
Median Rent
$93,600
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 - 24-unit apartment community plus 1 single-family home.
Where is this apartment building located?
The property is located at 2801 Southwest 42nd Street Oklahoma City, OK.
What are key features of this property?
This property features: Fully renovated 24‑unit apartment community plus 1 single‑family home.; Approximately $648,000 invested in comprehensive property improvements.; Stabilized asset offering immediate, durable cash flow.
(972) 755-5151 Call to check price and availability
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