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537 S University Blvd, Norman, OK 73069

Two nearby properties offer 12 units close to the University of Oklahoma campus and surrounding dining, retail, and entertainment.

Property SizeContact for details
Days on Market131

Property Features for 537 S University Blvd

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 12

Building Details

Buildings 2
Listing Agency: NAI Martens
Listed By: Trent Garman · License #KS SP00237691
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 31 at 12:30AM

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 apartment properties in Norman with a combined 12 units. The buildings are located at 537 South University Boulevard and 415 East Elm Avenue, with the properties positioned near the University of Oklahoma campus. They may be acquired together or separately.

Capital improvements completed within the last three years include new roofs, plumbing, electrical systems, and mechanical systems. The properties have a history of occupancy supported by rental demand from students and local residents. Their locations also place them near campus-related dining, retail, and entertainment options.

Key Highlights

  • Two Norman apartment properties totaling 12 units
  • 537 South University Boulevard and 415 East Elm Avenue locations
  • Near the University of Oklahoma campus

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Locksmith Home Appliance Store Building Supply Storage Facility

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

1,467
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 - Two nearby properties offer 12 units close to the University of Oklahoma campus and surrounding dining, retail, and entertainment.
Where is this apartment building located?
The property is located at 537 S University Blvd Norman, OK.
What are key features of this property?
This property features: Two Norman apartment properties totaling 12 units; 537 South University Boulevard and 415 East Elm Avenue locations; Near the University of Oklahoma campus
(316) 613-2447 Call to check price and availability
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