Listing provided courtesy of Cadence Real EstateOklahoma City MLSas Distributed by MLSGrid- MLS# 1223492MLS ProviderContact Information: (405) 633-2661

506 SW 24th StreetOklahoma City, OK 73109

Multi-Family · 8 Beds · 8 Full Baths · 4,326 Sq. ft.
$850,000 Active

506 SW 24th Street Overview

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Don’t miss this excellent opportunity to own a well-maintained, consistently rented 8-unit apartment complex located just minutes from downtown. This multifamily property combines vintage charm with thoughtful, moderate updates that appeal to long-term tenants and investors alike. Each unit offers a comfortable, functional layout with updated kitchens, bathrooms, and flooring in select units, while preserving the classic architectural character of the building. The property has been regularly maintained, with recent improvements including upgraded systems and exterior enhancements, ensuring low ongoing maintenance costs. Ideal for both seasoned investors and those looking to start or expand a real estate portfolio, this property offers steady income in a high-demand rental area. With its unbeatable location and reliable performance, this is a rare find in today’s market.

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506 SW 24th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,326
  • Price/Sq.ft. $196

Details

General

School Information

  • School District: Oklahoma City
  • Elementary School: Capitol Hill ES
  • Middle Or Junior School: Capitol Hill MS
  • High School: Capitol Hill HS

Building Information

  • Year Built: 1930

Location/Region

  • County Or Parish: Oklahoma

General Information

  • Parcel Number: 506SW24th73109
  • Property Sub Type: Apartment
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 8
  • Bedrooms Total: 8

General Information

  • Appliances: Refrigerator
  • Cooling: Window Unit(s)
  • Fireplace Features: None
  • Foundation Details: Slab
  • Living Area: 4326
  • Living Area Source: Assessor
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Gravel

Lot Information

  • Lot Features: Interior Lot
  • Lot Size Square Feet: 9901

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Brick & Frame
  • Roof: Composition

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

506 SW 24th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

506 SW 24th Street Market Data

Based on the last 30 days in this zip code

$217,021
Average List Price
$160
Average Price per Square Foot
8
Properties Sold
125
Average Days on Market
52
Properties for Sale
Calculations provided by Reliance Network


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