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12-Unit Brick Apartment Community
New
For Sale
$825,000

521 SW 24th St, Oklahoma City, OK 73109

Fully occupied apartment community with three buildings, updated electrical panels, and select interior improvements.

Property Size9,438 SF
Price / SF$87.41
Days on Market3

Property Features for 521 SW 24th St

General Information

Standard status Active
Size 9,438 SF
Property subtype Multi-Family
Occupancy 100%

Units

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

Building Details

Year Built 1929
Buildings 3
Construction brick
Listing Agency: Spearhead Realty Group LLC
Listed By: Thao Nguyen-Pham · License #200060
Source: Bktoklahomacity
Added: Sep 9 Last Checked: Sep 10 at 10:58AM

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.

This 9,438-square-foot apartment community, built in 1929, includes three separate brick buildings with four units each. The property contains twelve one-bedroom, one-bath apartments and is reported at 100% occupancy. Most units have received updates to windows, paint, and flooring, while electrical panels have also been improved.

A separate storage building is located at the rear of the property. The community is positioned at 521 SW 24th St in Oklahoma City’s Historic Capitol Hill District. Some apartments have rents below market, and the property includes no known major immediate maintenance needs according to the available information.

Key Highlights

  • 12‑unit multifamily property with twelve 1‑bedroom, 1‑bath apartments
  • Three separate brick buildings with four units each
  • 9,438 square feet on a 0.22‑acre site

Property Analytics

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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
100%
Occupancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fully occupied apartment community with three buildings, updated electrical panels, and select interior improvements.
Where is this apartment building located?
The property is located at 521 SW 24th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 12‑unit multifamily property with twelve 1‑bedroom, 1‑bath apartments; Three separate brick buildings with four units each; 9,438 square feet on a 0.22‑acre site
More about this property
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