505 SW 30th Street Oklahoma City, OK $ 940,000
505 SW 30th Street
$ 940,000
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505 SW 30th Street

Oklahoma City, OK, 73109
$ 940,000
Bedrooms1 Baths1.0 Sq 8,176

Monthly Estimate*

$ 5,935

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Multi-Family Home for sale in Oklahoma City, OK

for $940,000 with 1 bedroom and 1 full bath. This 8,176 square foot home was built in 1971 on a lot size of 0.321396.

Position your investors for immediate cash flow and long-term upside with this 14-unit multifamily property located in SW Oklahoma City. This value-add asset has already undergone significant operational improvements, allowing a new owner to benefit from increased revenue while minimizing the heavy lifting typically associated with repositioning a property. Over the past year, ownership has substantially increased rental rates to better align with market conditions while making meaningful capital improvements throughout the property. The units have been updated, enhancing both tenant appeal and long-term durability. The property also features new windows, improving energy efficiency, curb appeal, and reducing future maintenance concerns. A major operational enhancement includes transitioning tenants to pay their own electric service, as the property is individually metered, thus significantly reducing owner expenses and improving the property's overall operating efficiency. These changes have created a stronger income-producing asset with continued upside potential through ongoing management and future rent optimization. the property is in good overall condition and offers investors an attractive combination of stable occupancy, improved operations, and reduced deferred maintenance. Whether you're looking to expand an existing portfolio or acquire a turnkey multifamily investment with proven rental growth, this property presents an excellent opportunity in the Oklahoma City market. Conveniently located with easy access to major employment centers, downtown Oklahoma City, I-35, I-44, and I-240, the property benefits from strong rental demand and excellent accessibility for tenants. Don't miss the opportunity to acquire a well-positioned 14-unit apartment community where many of the value-add improvements have already been completed. Financial information is available upon request. Contact the listing agent for additional details or to schedule a private tour.

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Multi-Family Active

Price

$ 940,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.321396

Year Built

1971

Town/City

Oklahoma City

County/Region

Oklahoma

MLS | Web ID

1239178

Features
General
Heating Other
Cooling Window Unit(s)
Roof Shingle
Architectural Style Traditional
Construction Materials Brick & Frame
Year Built 1971
Stories Count 2
Property Subtype Apartment
Gross Income 7820
County Oklahoma
Property Type Residential Income
Full Baths 1
Status Active
Directions From I-35 take the SW 29th west Continue to South Walker then turn south. Go one block to SW 30th Street turn west and continue to 505 SW 30th Street. property will be on your left.
High School Capitol Hill HS
City Oklahoma City
High School District Oklahoma City
Lot Size Square Feet 14000
Elementary School Lee ES
Middle/Junior High School Capitol Hill MS
Standard Status Active
Tax Lot 45
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Exterior
Parking Features Concrete
Lot Features Interior Lot
Foundation Details Slab
Lot Dimensions United States
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Interior
Total Bedrooms 1
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Internal Only
Street Number 1 505
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* Excluded Features
List By
Joseph Codner

Listing Agent

Hamilwood Real Estate

Broker

(405) 255-9194

Phone

Affordability Calculator

$5,935
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,935
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2528033 Elementary School
2705343 Middle School
Capitol Hill HS High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$940,000 Listed Price

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505 SW 30th Street, Oklahoma City, OK, 73109 is a Multi-Family Home for sale at $940,000 with 8,176 sqft and a lot size of 0.321396. 505 SW 30th Street has 1 bedrooms, 1.0 baths, and was built in 1971. The property's zip code is 73109 which is in Oklahoma City, OK