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12-Unit Brick Apartment Community
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521 SW 24th Street, Oklahoma City, OK 73109

Brick apartment community with three separate buildings and one-bedroom units.

Property Size9,438 SF
Price / SF$90.06
Days on Market170

Property Features for 521 SW 24th Street

General Information

Standard status Active
Size 9,438 SF
Class C
Property subtype Multifamily
Occupancy 100%
Investment Type Value Add

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Amenities

mock fireplaces

Building Details

Year Built 1929
Buildings 3
Stories 2
Units 12
Construction solid brick
Listing Agency: Spearhead Realty Group, LLC
Listed By: Thao Nguyen · License #200060
Source: Crexi
Added: Mar 17 Changed: Aug 30 Last Checked: Aug 30 at 9:32PM

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 Spearhead Realty Group, LLC

Investment Insights

Based on property information with market context.

Built in 1929, this 12-unit apartment property comprises three separate brick buildings with four units each. Every residence is configured as a one-bedroom, one-bath unit and includes a mock fireplace. The property is 100% occupied, and some residents receive city rental assistance. Roof replacement was completed in 2017, while most units have newer windows.

A rear storage building provides additional on-site utility. The property is located at 521 SW 24th Street in Oklahoma City’s Historic Capitol Hill District. The unit mix, separate-building layout, existing storage structure, and documented improvements provide a clear overview of the asset’s current configuration.

Key Highlights

  • 12 total units arranged across three separate buildings
  • Uniform unit mix of twelve 1‑bedroom, 1‑bath apartments
  • Solid brick construction with mock fireplaces in every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Law Firm Storage Facility Furniture & Home Goods

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby

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

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 - Brick apartment community with three separate buildings and one-bedroom units.
Where is this apartment building located?
The property is located at 521 SW 24th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 12 total units arranged across three separate buildings; Uniform unit mix of twelve 1‑bedroom, 1‑bath apartments; Solid brick construction with mock fireplaces in every unit
More about this property
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