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Jamestown Estates — Norman, OK

$475,000

229 Chalmette Drive, Norman, OK 73071

8 BD · 4 BA · 3,792 sq ft · Built 1982

$125
per sq ft
9
days listed
0.3
acre lot
Type
Fourplex
Year built
1982
School district
Norman
MLS #
1235636

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. We do not do "creative financing" such as seller being in 2nd place, equity participation, terms that are not fully amoritized, etc. Listing broker is an owner of the selling LLC with license # 071687. Do not disturb tenants.

Listed for sale$475,000
Jul 22, 2026

History from MLS records since this home was listed.

Monthly cost

/ month

Principal, interest, taxes, insurance, and HOA.

Principal & interest
Property taxes
Home insurance
HOA

An estimate, not a quote. Rates vary by lender and credit.

MLSOK Listing provided courtesy of Rudy Hymer, RJH Realty Investments Inc ((405) 364-4801). Status: Active.

Listings courtesy of MLSOK as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of Jul 31, 2026, 1:25 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Data last updated Jul 31, 2026, 1:25 PM CT. MLS # 1235636. Homestead & Co is a licensed Oklahoma real estate brokerage.

$475,000

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