Appliance-Equipped Multifamily
For Sale
$450,000
3820 S Hudson Avenue, Oklahoma City, OK 73109
Residential Income, Oklahoma City, OK
Property Size2,762 SF
Lot Size0.15 Acres
Price / SF$162.93
Days on Market56
Property Features for 3820 S Hudson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bathroom 1
Lot features
Interior Lot
Elementary school
Lee ES
Middle school
Capitol Hill MS
High school
Capitol Hill HS
Elementary school district
Oklahoma City
Middle school district
Oklahoma City
High school district
Oklahoma City
Directions
Turn on Hudson Ave from SW Grand Blvd and go south to property
Standard status
Active
APN
3820SHudson73109
Size
2,762 SF
Lot size
0.15 Acres
Building Details
Year built
1982
Building materials
Frame
Roof type
Composition
Architectural style
Bungalow
Listing Agency:
Ariston Realty LLC
(405) 802-1174
Listed By:
Galen Tanquary · License #178787
(405) 763-8918
Added: Aug 22
Changed: Oct 15
Last Checked: Oct 16 at 8:06PM
MLS# 1245856
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.
This 2,762-square-foot multifamily property was built in 1982 on a 0.1532-acre lot. Frame construction and a composition roof define the building. Each unit is described as having one bedroom, one bathroom, a living room, and a kitchen equipped with a refrigerator, stove, and hot water tank.
The property is fully occupied, with all tenants currently on month-to-month arrangements. It is approved for Section 8. The sale is contingent on being combined with the property at 4106 S Shields Blvd in Oklahoma City; it is not offered separately.
The property is fully occupied, with all tenants currently on month-to-month arrangements. It is approved for Section 8. The sale is contingent on being combined with the property at 4106 S Shields Blvd in Oklahoma City; it is not offered separately.
Key Highlights
- 2,762 square feet on a 0.1532‑acre lot
- Built in 1982; frame construction with a composition roof
- Each unit has 1 bedroom, 1 bathroom, and a living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,330
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,600
$466.6K
Cap Rate 7%
$333,286
$333.3K
Cap Rate 9%
$259,222
$259.2K
Market Conditions
NOI Build-Up for 2,762 SF
Gross rent
$44.7K $16.20/SF
− Vacancy
−$2.3K −$0.84/SF
EGI
$42.4K $15.36/SF
− OpEx
−$19.1K −$6.91/SF
NOI
$23.3K $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%
$466,600
Cap Rate 7%
$333,286
Cap Rate 9%
$259,222
Alternative Uses
Best Use
Apartment 5plus
$333.3K
$291.6K – $388.8K
NOI $23,330 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$944.6K
$826.5K – $1.10M
NOI $66,122 @ 7.0% cap · market cap 14.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
Business Placement
Demographics for 73109, OK
20,148
Population
8,344
Households
2.4
Avg Household Size
33
Median Age
7%
College-Educated
65%
High-School Grad
5.4 sq mi
ZIP Area
3,731
Density / Sq Mi
$40,944
Median Household Income
$28,370
Median Earnings
$851
Median Rent
$89,300
Median Home Value
Check the figures for this property
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?
Multifamily property - The occupied apartments have month-to-month tenancies and kitchens with refrigerators and stoves.
Where is this multifamily property located?
The property is located at 3820 S Hudson Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,762 square feet on a 0.1532‑acre lot; Built in 1982; frame construction with a composition roof; Each unit has 1 bedroom, 1 bathroom, and a living room
