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For sale
  • $525,000

    400 SW 42nd St, Oklahoma City, OK 73109

    6beds
    4,006sqft
    : 
    Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $131/sqft
    $-- HOA

    What's special

    Excellent investment opportunity! This well-maintained, two-story multifamily property features 8 total units—6 one-bedroom units and 2 studio/efficiency units—all in good condition and fully occupied. The property is under a master lease with the Homeless Alliance, offering guaranteed rent payments and stable tenancy. All units have passed Housing Authority inspections, ensuring compliance and minimal maintenance concerns. This is a turnkey, income-producing asset with a strong rental history and no reported issues. Ideal for investors seeking reliable cash flow with minimal oversight.
    13 days
    on Zillow
    |
    207
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 08:02pm

    Listed by:

    Eleonore Hutton 405-412-6921,

    The Brokerage

    Source: MLSOK/OKCMAR,MLS#: 1181703MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 400 SW 42nd St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 8
    Interior area
    • Total structure area: 4,006
    • Total interior livable area: 4,006 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Concrete
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 10,498 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 400SW42nd73109
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick & Frame
    • Foundation: Combination
    • Roof: Composition
    Condition
    • Year built: 1925

    Community & HOA

    Location
    • Region: Oklahoma City

    Financial & listing details

    • Price per square foot: $131/sqft
    • Tax assessed value: $348,236
    • Annual tax amount: $4,585
    • Date on market: 7/22/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 72000
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