229 Chalmette Drive Norman, OK $ 475,000
229 Chalmette Drive
$ 475,000
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229 Chalmette Drive

Norman, OK, 73071
$ 475,000
Bedrooms8 Baths4.0 Sq 3,792

Monthly Estimate*

$ 2,999

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Multi-Family Home for sale in Norman, OK

for $475,000 with 8 bedrooms and 4 full baths. This 3,792 square foot home was built in 1982 on a lot size of 0.3.

Rare opportunity to own a well maintained 4 plex approx 2 miles from the University of Oklahoma campus. Each unit has approximately 975 square feet with 2 bedrooms, and 1 bath featuring central heat and air, fireplace, all kitchen appliances, and washer/dryer hookups. New class 4 hail resistant roof in 2025 and new windows in 2017. Some long term tenants and all rents below market so room to grow the income. Owner financing is available with 25% down, up to a 30 year AM, at 5.75% interest rate subject to credit/asset review. Listing broker is an owner of the selling LLC with license # 071687. Do not disturb tenants.

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Multi-Family Active

Price

$ 475,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.3

Year Built

1982

Town/City

Norman

County/Region

Cleveland

MLS | Web ID

1235636

Features
General
Heating Electric
Cooling Central Elec
Roof Heavy Comp
Appliances Dishwasher Disposal Refrigerator Water Heater
Architectural Style Traditional
Construction Materials Frame Vinyl Siding
Year Built 1982
Stories Count 2
Property Subtype Fourplex
County Cleveland
Property Type Residential Income
Full Baths 4
Status Active
Directions From 12th and Alameda Go East on Alameda to Shilo South on Shilo to Chamblee East on Chamblee to Chalmette turn turn left and it is the 3rd building on the Left.
High School Norman HS
City Norman
High School District Norman
Lot Size Square Feet 13068
Elementary School Kennedy ES
Middle/Junior High School Irving MS
Standard Status Active
Tax Lot 3
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Interior
Total Fireplaces 4
Fireplace Features Insert
Half Baths 0
Total Bedrooms 8
Total Baths 4
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Exterior
Lot Features Interior Lot
Total Parking 8
Foundation Details Slab
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Internal Only
Street Number 1 229
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* Excluded Features
List By
Rudy Hymer

Listing Agent

Rjh Realty Investments Inc

Broker

(405) 409-4465

Phone

Affordability Calculator

$2,999
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,999
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
2528446 Elementary School
2527814 Middle School
Norman HS High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$475,000 Listed Price

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229 Chalmette Drive, Norman, OK, 73071 is a Multi-Family Home for sale at $475,000 with 3,792 sqft and a lot size of 0.3. 229 Chalmette Drive has 8 bedrooms, 4.0 baths, and was built in 1982. The property's zip code is 73071 which is in Norman, OK