Updated Quadplex with In-Unit
324 NW 24th Street Oklahoma City, OK 73103
324 NW 24th Street, Oklahoma City, OK, 73103
$799,000
For Sale
$799,000
MULTI_FAMILY - French Provincial - Oklahoma City, OK
Property Size4,000 SF
Lot Size0.16 Acres
Price / SF$199.75
Days on Market160
Property Features for 324 NW 24th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 324NW24th73103
- Size
- 4,000 SF
- Lot size
- 0.16 Acres
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- French
Listing agency
The Property Center LLC
(405) 355-2500
Listed by
Abbie Davis · License #155984
(405) 474-1228
Added: Feb 13 Updated: Jul 23 at 3:31AM Checked: Jul 23 at 5:06AM
MLS# 1213814
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.
Investment Insights
Based on property information with market context.
This quadplex includes four updated residential units. Each unit is described as approximately 950 square feet and features wood-like flooring and stainless steel appliances. The appliance package listed includes a refrigerator, stove, oven, microwave, dishwasher, and washer and dryer.
The property is located in Historic Uptown and is noted as being near the Paseo and Plaza Districts, with quick access to Highway 235. The address is 324 NW 24th Street, Oklahoma City, OK 73103.
For sale as an income property, the building configuration is straightforward: four separate units within a single quadplex structure, supported by the updates and appliance package identified in the listing remarks. Please do not disturb tenants; showings should be scheduled through the listing broker.
The property is located in Historic Uptown and is noted as being near the Paseo and Plaza Districts, with quick access to Highway 235. The address is 324 NW 24th Street, Oklahoma City, OK 73103.
For sale as an income property, the building configuration is straightforward: four separate units within a single quadplex structure, supported by the updates and appliance package identified in the listing remarks. Please do not disturb tenants; showings should be scheduled through the listing broker.
Key Highlights
- Prime location in the heart of Historic Uptown, near the Paseo and Plaza Districts.
- Four updated 950 sq. ft. luxury apartments.
- Stainless steel appliances included: refrigerator, stove, oven, microwave, dishwasher, washer, and dryer.
Local Financial Insights For Multifamily LT 5
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 | $55.2k | $13.80 |
| − Vacancy | −$3.0k | −$0.76 |
| EGI | $52.2k | $13.04 |
| − OpEx | −$15.6k | −$3.91 |
| NOI | $36.5k | $9.13 |
4,000 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$521.6K
$456.4K – $608.6K
NOI $36,515 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$482.7K
$422.3K – $563.1K
NOI $33,787 @ 7.0% cap · market cap 4.23%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.60M
NOI $95,760 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Quadplex offering four updated units with stainless appliances and in-unit washer/dryer, near the Paseo and Plaza Districts.
Where is this quadplex located?
The property is located at 324 NW 24th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Prime location in the heart of Historic Uptown, near the Paseo and Plaza Districts.; Four updated 950 sq. ft. luxury apartments.; Stainless steel appliances included: refrigerator, stove, oven, microwave, dishwasher, washer, and dryer.
