225 NW 24th St, Oklahoma City, OK 73103

Turnkey 14-Unit Multifamily Investment – Prime OKC Location An exceptional opportunity to acquire a fully renovated, cash-flowing 14-unit multifamily property in one of Oklahoma City’s most vibrant and walkable neighborhoods—just steps from the Paseo Arts District and NW 23rd Street’s shops and restaurants. This well-positioned asset offers strong in-place income, value-add potential, and minimal maintenance, making it an ideal investment for both seasoned and first-time investors. Property Highlights Occupancy: Currently 80% occupied, generating approx. $9,155/month in rental income with a projected $11,780/month ($141,360/year) at full occupancy. Unit Mix: 8 One-Bedroom / One-Bath Units (Avg. Rent $1,000) + 6 Efficiency Units (Avg. Rent $675). Square Footage: Efficiencies – 1,430 SF | Main Building – 5,712 SF. Recent Capital Improvements Structural & Systems: New roof on efficiency buildings, all-new plumbing & updated electrical in efficiencies. Efficiencies: Brand-new mini-split HVAC, windows, fully renovated bathrooms, and new appliances. One-Bedroom Units: Renovated interiors in Units 2, 3, 4, & 8; Unit 5 updated with new paint & modern kitchen. Water Heaters: 4 brand-new + 2 only 3 years old. Laundry: New laundry room with 3 hookups and 2 new washer/dryer sets. Common Areas: Fresh paint, new flooring, and updated finishes. Exterior: Upgraded courtyard with new concrete, gazebo, fencing, and secured gated entry. Financial Highlights Estimated Operating Expenses: $2,285/month or $27,420/year. Cash Flow: Healthy monthly cash flow even at current 80% occupancy. This rare opportunity offers stabilized income in a high-demand rental market, with long-term upside and very little deferred maintenance. Whether you’re expanding your portfolio or investing in a low-maintenance property with consistent returns, this one checks all the boxes.