12-Unit Apartment
New
For Sale
$690,000
2819 SW 33rd Street, Oklahoma City, OK 73119
Residential Income, Oklahoma City, OK
Property Size6,350 SF
Lot Size0.34 Acres
Price / SF$108.66
Days on Market2
Property Features for 2819 SW 33rd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bathrooms
12
Full bathrooms
12
Rooms
Bathroom 4, Bathroom 11, Bathroom 12, Bathroom 6, Bathroom 1, Bathroom 3, Bathroom 9, Bathroom 10, Bathroom 7, Bathroom 2, Bathroom 8, Bathroom 5
Lot features
Interior Lot
Elementary school
Rockwood ES
Middle school
Mary Golda Ross MS
High school
Northwest Classen HS
Elementary school district
Oklahoma City
Middle school district
Oklahoma City
High school district
Oklahoma City
Directions
Property is located at the southeast corner of S May Ave and SW 29th St
Standard status
Active
APN
2819SW33rd73119
Size
6,350 SF
Lot size
0.34 Acres
Amenities
on-site washers/dryers
Building Details
Year built
1955
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Modern Abode Realty
(405) 657-2525
Listed By:
Jeremy Dugas
(405) 474-4732
Added: Oct 27
Last Checked: Oct 28 at 7:06AM
MLS# 1255584
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.
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Investment Insights
Based on property information with market context.
Built in 1955, this 6,350-square-foot apartment property contains 12 units in a brick-and-frame building. The mix includes two 2-bedroom, 1-bath units and ten 1-bedroom, 1-bath units. Updates have been completed in ten units, and four units are vacant.
On-site washers and dryers are leased and generate additional income. The owner covers water, sewer, and trash; tenants pay electric and gas. The property occupies 0.3444 acres.
On-site washers and dryers are leased and generate additional income. The owner covers water, sewer, and trash; tenants pay electric and gas. The property occupies 0.3444 acres.
Key Highlights
- 12 units: two 2‑bedroom, 1‑bath units and ten 1‑bedroom, 1‑bath units
- Four units are vacant
- Updates completed in 10 units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,636
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,720
$1.1M
Cap Rate 7%
$766,229
$766.2K
Cap Rate 9%
$595,956
$596.0K
Market Conditions
NOI Build-Up for 6,350 SF
Gross rent
$102.9K $16.20/SF
− Vacancy
−$5.3K −$0.84/SF
EGI
$97.5K $15.36/SF
− OpEx
−$43.9K −$6.91/SF
NOI
$53.6K $8.45/SF
Area
Oklahoma City, OK
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,720
Cap Rate 7%
$766,229
Cap Rate 9%
$595,956
Alternative Uses
Best Use
Apartment 5plus
$766.2K
$670.5K – $893.9K
NOI $53,636 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.17M
$1.90M – $2.53M
NOI $152,019 @ 7.0% cap · market cap 22.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The apartment property combines a two-bedroom and one-bedroom unit mix with on-site laundry equipment.
Where is this apartment building located?
The property is located at 2819 SW 33rd Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 12 units: two 2‑bedroom, 1‑bath units and ten 1‑bedroom, 1‑bath units; Four units are vacant; Updates completed in 10 units
