Triad — Norman, OK
401 12th Avenue 208, Norman, OK 73071
3 BD · 3 BA · 1,392 sq ft · Built 1976
The details
About this home
Opportunity to own a property in the heart of Norman, just minutes from the University of Oklahoma campus. Whether you're a seasoned investor, a parent seeking a home for your college student, or a buyer looking to live a short trip from game day, this condo delivers unbeatable location, livability, and rental potential. This property sits in one of Norman's most reliable rental corridors — a market that benefits from year-round demand from OU's enrollment of over 30,000 students, plus faculty, medical residents, and young professionals. Condos in this corridor historically have shown strong monthly rental rates with consistent occupancy from a reliable tenant pool of students, graduate students, and medical professionals. There is built-in seasonal demand from football weekends, campus events, and academic-year leasing cycles. Low-maintenance condo living makes ownership simple — no lawn care, no exterior upkeep, just steady rental income and equity growth. Inside, you'll find a functional layout with an open living and dining area — bright, versatile space for studying, entertaining, or relaxing. In-unit laundry hookups bring added convenience, and the private patio offers an outdoor space to enjoy Oklahoma evenings. HOA dues cover exterior maintenance and insurance, water/sewer service, trash, and two pools. Note that there are no hot water tanks in the units- the HOA manages a central boiler. That means no hot water tank to maintain, and all-electric units with no need for a gas bill. Roof and exterior coverings have all been replaced within the last three years. Refrigerator to convey with the property at no cost to buyer. For added peace of mind, the seller is providing a First American Home Warranty with First Class upgrade for the first year. This is an affordable entry point into Oklahoma City metro real estate - seize the opportunity to make it yours.
Price history
History from MLS records since this home was listed.
How much to offer
Market context, not advice — your agent will help you decide.
The seller has asked that no price estimate be shown for this home. Here is how similar homes nearby sold.
How we got this
- Similar homes in ZIP 73071 sold for a median 97.8% of their final list price (40 sales).
- 33% of them sold at or above list price.
- They took a median 16 days to go under contract and close. This home has been listed 1 day.
- Brand-new listings here often draw close to full price, so the range leans higher.
Source: MLSOK closed sales in ZIP 73071 with similar bedrooms and size, Aug 2026–Oct 2026 (40 sales). Sale-to-list uses each home's final list price. Condition, upgrades, terms and timing matter as much as price. This is not an appraisal or a valuation of this home.
Talk it through with an agentMonthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $95,000 price, 20% down, 30-year fixed rate at 7.24% (APR 7.24%). Includes taxes, insurance, and HOA dues; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.
- Principal & interest
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- Property taxes
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- Home insurance
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- HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Oct 29, 2026, via FRED. An average, not a quote.
Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.
What will insurance cost on this home?
Get a free homeowners insurance quote from a licensed local agent.
Liberty Link Group · licensed insurance agency
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Liberty Link Group is a licensed Oklahoma insurance agency. A licensed agent will contact you.
A quote is not a policy or a binder. Coverage depends on the insurance company's review.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
Get pre-approved
A local lender can tell you what you can borrow — free, and it does not commit you to anything.
Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
This is not a loan application, a rate quote, an offer of credit or a commitment to lend. Loan approval depends on the lender's review.
Equal Housing Opportunity.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
Recently sold nearby
Sold
Sold
Sold
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Listing provided courtesy of Lauren Durmus, LIME Realty ((405) 254-6310). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Oct 11, 2026, 11:40 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.
Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.
The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.
Data last updated Oct 11, 2026, 11:40 PM CT. MLS # 1253239. Homestead & Co is a licensed Oklahoma real estate brokerage.
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