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Renovated Apartment Property
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415 E Elm Ave, Norman, OK 73069

Apartment assets near the University of Oklahoma with updated building systems and flexible sale options.

Property SizeContact for details
Days on Market131

Property Features for 415 E Elm Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: NAI Martens
Listed By: Trent Garman · License #KS SP00237691
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 3:06AM

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 NAI Martens

Investment Insights

Based on property information with market context.

This offering includes two nearby apartment properties comprising 12 units in total, with the assets available together or separately. Recent capital improvements include new roofing, plumbing, electrical work, and mechanical systems completed within the last three years.

The property at 415 E Elm Ave is situated near the University of Oklahoma campus in Norman, with dining, retail, and entertainment venues also nearby. Its location supports access to the university and surrounding commercial amenities while serving both student and local residential demand.

Key Highlights

  • Two nearby apartment properties totaling 12 units
  • New roofs, plumbing, electrical, and mechanical systems completed within the last three years
  • Near the University of Oklahoma campus in Norman

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith Home Appliance Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Storage Facility Fish Market

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

1,994
Businesses Nearby

Demographics for 73069, OK

26,464
Population
12,719
Households
2.1
Avg Household Size
32
Median Age
45%
College-Educated
93%
High-School Grad
15.7 sq mi
ZIP Area
1,686
Density / Sq Mi
$55,699
Median Household Income
$34,151
Median Earnings
$1,031
Median Rent
$212,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment assets near the University of Oklahoma with updated building systems and flexible sale options.
Where is this apartment building located?
The property is located at 415 E Elm Ave Norman, OK.
What are key features of this property?
This property features: Two nearby apartment properties totaling 12 units; New roofs, plumbing, electrical, and mechanical systems completed within the last three years; Near the University of Oklahoma campus in Norman
(316) 613-2447 Call to check price and availability
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