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Renovated Apartment Community for Sale
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4328 SE 46th St, Oklahoma City, OK 73135

A Southeast Oklahoma City apartment community with widespread unit upgrades and ongoing exterior painting.

Property SizeContact for details
Days on Market123

Property Features for 4328 SE 46th St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Business Included Yes
Highway Access Yes
Listing Agency: Northmarq Capital, LLC
Listed By: Ben Davis · License #OK 153380
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 5:14PM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

This apartment community is located in the Southeast submarket of Oklahoma City. Renovations are in motion, with approximately 75% of the units upgraded, including new granite countertops in kitchen and bath areas, new vinyl in wet and high-traffic areas, stainless steel sinks, modern lighting, updated appliance packages, kitchen backsplashes, dining area wainscoting, new carpet, toilets, and vanities/sinks. Many units also have new hot water tanks, and approximately 70% of the condensers have been replaced. In addition, 1/4 of the buildings have received new exterior paint, with the remaining buildings expected to be completed by closing.

The community reports easy access to interstates 35, 40, and 240, as well as nearby grocery stores and retail centers. Prominent area employers cited within a 5-mile radius include Tinker Airforce Base, Boeing Corporation, Rose State College, Mid-Del School District, and SSM Health.

As presented, the property is part of a submarket with average apartment occupancy rates over 93% and noted rental rate strength, with renovations currently addressing unit and building system improvements.

Key Highlights

  • Southeast Oklahoma City apartment community with easy access to Interstates I‑35, I‑40, and I‑240 plus nearby grocery stores and retail centers
  • Upgrades in approx. 75% of units include new granite countertops in kitchens and bathrooms and new vinyl in wet and high‑traffic areas
  • Kitchen and bath updates in many units include stainless steel sinks, modern kitchen lighting, new appliance packages, new wainscoting, and new carpet

Property Analytics

Current Use

Mosaic Apartment Homes Apartment Complex Domonique Carolina Apartment Building A 405 Apartment Complex

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center Food 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.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

Demographics for 73135, OK

21,562
Population
9,696
Households
2.2
Avg Household Size
33
Median Age
24%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
1,960
Density / Sq Mi
$67,464
Median Household Income
$38,346
Median Earnings
$1,212
Median Rent
$164,200
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?
Apartment building - A Southeast Oklahoma City apartment community with widespread unit upgrades and ongoing exterior painting.
Where is this apartment building located?
The property is located at 4328 SE 46th St Oklahoma City, OK.
What are key features of this property?
This property features: Southeast Oklahoma City apartment community with easy access to Interstates I‑35, I‑40, and I‑240 plus nearby grocery stores and retail centers; Upgrades in approx. 75% of units include new granite countertops in kitchens and bathrooms and new vinyl in wet and high‑traffic areas; Kitchen and bath updates in many units include stainless steel sinks, modern kitchen lighting, new appliance packages, new wainscoting, and new carpet
More about this property
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