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

521 SW 24th Street, Oklahoma City, OK 73109

Residential Income, Oklahoma City, OK

Property Size9,438 SF
Lot Size0.48 Acres
Price / SF$87.41
Days on Market2

Property Features for 521 SW 24th Street

General Information

Property type Residential Multi Family
Property subtype Other
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 From SW 24th and Walker, turn West on SW 24th. There are 3 buildings on the North side of SW 24th.
Standard status Active
APN 521SW24th73109
Size 9,438 SF
Lot size 0.48 Acres

Building Details

Year built 1929
Floors in Building 2
Building materials Brick
Roof type Composition
Architectural style Other
Listing Agency: Spearhead Realty Group LLC
Listed By: Thao Nguyen-Pham · License #200060
Added: Sep 4 Last Checked: Sep 5 at 11:06AM
MLS# 1247796

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.

Investment Insights

Based on property information with market context.

This 12-unit apartment property comprises three separate brick buildings, each containing four one-bedroom, one-bath residences. The buildings provide 9,438 square feet on a 0.4821-acre site and were constructed in 1929. Most apartments have received updates including newer windows, interior paint, and flooring, while electrical panels have also been updated. The property has a composition roof and no known major immediate maintenance needs.

All 12 units are occupied, providing an established operating profile. A detached storage building at the rear adds functional space and may support a future laundry conversion or another income-producing use, subject to applicable approvals. The property is located in Oklahoma City's Historic Capitol Hill District.

Key Highlights

  • 12 units across three separate buildings, with four apartments per building
  • All 12 units are occupied, representing 100% occupancy
  • Unit mix consists entirely of 1‑bedroom, 1‑bath apartments

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
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

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 - Fully occupied brick apartment community with updated interiors, electrical panels, and a rear storage building.
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 $825,000.
What are key features of this property?
This property features: 12 units across three separate buildings, with four apartments per building; All 12 units are occupied, representing 100% occupancy; Unit mix consists entirely of 1‑bedroom, 1‑bath apartments
More about this property
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