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Two-Unit Multifamily Property
For Sale
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Pending

3200 Conestoga Dr, Norman, OK 73072

Occupied residential income property with two separately located units and substantial three-bedroom layouts.

Property SizeContact for details
Days on Market145

Property Features for 3200 Conestoga Dr

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Equity Commercial Realty Advisors, LLC
Listed By: Karina Balschuweit · License #OK 158652
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 8:11PM

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 Equity Commercial Realty Advisors, LLC

Investment Insights

Based on property information with market context.

This multifamily property comprises two occupied residential units that are not side by side. Unit 2 at 3208 Conestoga Dr includes 3 bedrooms, 3 baths, 2-car parking, and 2,047 SF; it was built in 2005. Unit 3 at 3200 Conestoga Dr offers the same bedroom, bath, and parking configuration across 2,097 SF and was built in 2002.

The units are located at separate Conestoga Drive addresses in Norman, Oklahoma. Both residences are occupied, with lease expirations identified as May 3, 2024, for Unit 2 and March 31, 2024, for Unit 3.

Key Highlights

  • Two occupied multifamily units at separate addresses
  • 3208 Conestoga Dr, Unit 2: 3 bed, 3 bath, 2 car, 2047 SF, built in 2005
  • 3200 Conestoga Dr, Unit 3: 3 bed, 3 bath, 2 car, 2097 SF, built in 2002

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Hair Salon Spa & Massage Center 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

106
Businesses Nearby

Demographics for 73072, OK

51,062
Population
20,915
Households
2.4
Avg Household Size
30
Median Age
53%
College-Educated
95%
High-School Grad
52.2 sq mi
ZIP Area
978
Density / Sq Mi
$76,933
Median Household Income
$32,892
Median Earnings
$1,102
Median Rent
$291,400
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?
Multifamily property - Occupied residential income property with two separately located units and substantial three-bedroom layouts.
Where is this multifamily property located?
The property is located at 3200 Conestoga Dr Norman, OK.
What are key features of this property?
This property features: Two occupied multifamily units at separate addresses; 3208 Conestoga Dr, Unit 2: 3 bed, 3 bath, 2 car, 2047 SF, built in 2005; 3200 Conestoga Dr, Unit 3: 3 bed, 3 bath, 2 car, 2097 SF, built in 2002
(405) 329-6976 Call to check price and availability
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