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218 SE 44th Street, Oklahoma City, OK 73129

TN
OK 200060
Spearhead Realty Group, LLC
Listed by Spearhead Realty Group, LLC
$1,100,000
15 days on market
Updated 15 days ago

218 SE 44th Street

Details
APN 094694600
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,748
Units 16
Occupancy 93%
Tenancy Single
Price per SqFt $126
Year Built 1966
Stories 2
Lot Size (SqFt) 14,430
Investment Type Value Add

218 SE 44th Street, Oklahoma City, OK 73129

Marketing description

Excellent opportunity to acquire a 16-unit multifamily property in a highly accessible Oklahoma City location near major highways and Downtown OKC. This well-positioned asset consists entirely of 1-bedroom, 1-bathroom units surrounding a private common courtyard, offering tenants a quiet community atmosphere with controlled-style access and dedicated private parking.

Currently operating at approximately 93% occupancy, the property provides stable in-place income with additional upside potential through operational improvements and future amenity enhancements.

Strategically located with convenient access to Downtown Oklahoma City, major employment corridors, shopping, dining, and interstate access, this property is well-positioned to benefit from continued rental demand in the OKC market.

The asset presents an attractive opportunity for investors seeking stable cash flow with future value-add potential through improved operations, utility optimization, amenity additions, or interior upgrades.

Ideal for investors pursuing workforce housing, long-term hold strategy, or light value-add multifamily opportunities in a growing Oklahoma City market.

Investment highlights

  • 16 total units
  • All 1 Bed / 1 Bath floorplans
  • Strong 93% occupancy
  • Private entrance to complex
  • Common courtyard setting
  • Private parking for tenants
  • Separately metered electric
  • Single master water meter
  • Window A/C units
  • Additional storage rooms with value-add potential for tenant storage or future laundry facility conversion

Listing Contacts

TN
OK 200060
Spearhead Realty Group, LLC
Listed by Spearhead Realty Group, LLC

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Additional Information

Name
Angelena Harris
License
160830
Brokerage
Spearhead Realty Group LLC
Brokerage Phone
405.493.8144
Title
Broker of Record
Name
Thao Nguyen
License
200060
Brokerage
Spearhead Realty
Brokerage Phone
4055140930
Title
agent
Brokerage Address
Northwest Expressway Service Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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