340 Scott St Del City, OK 73115
This exceptional investment opportunity presents a portfolio of five single-family rental homes situated on a spacious 1.93-acre lot in Del City, Oklahoma. The property boasts a total of 5,600 square feet of living space, with each unit offering significant rental potential. Built in 1940, the homes provide a solid foundation for immediate income generation. Adding to the property's value is a substantial 30x40-foot shop, complete with utilities, three access points, a garage door, and an interior garage door for flexible space division. The shop also includes a convenient bathroom. The expansive lot offers ample room for future expansion, allowing for the addition of more rental units to further increase the property's income stream. A mature pecan tree adds to the property's charm and landscape. The location is highly desirable, offering convenient access to Tinker Air Force Base, Interstate 40, and Interstate 35, ensuring strong tenant demand and easy accessibility. This multifamily property presents a rare opportunity to acquire a well-established income-producing asset with significant upside potential. The asking price is $450,000, representing a price per unit of $90,000 and a price per square foot of $80.36. The property is located at 340 S Scott St, Del City, OK 73115.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.