College Hill Addition 008 000 Lots 35 Thru — Oklahoma City, OK
521 SW 24th Street, Oklahoma City, OK 73109
9,438 sq ft · Built 1929
The details
About this home
NEW IMPROVED PRICE! MOTIVATED SELLER! Excellent opportunity to acquire a fully occupied 12-unit multifamily property in Oklahoma City’s Historic Capitol Hill District. This solid brick apartment community consists of three separate buildings with four units each, featuring twelve 1-bedroom, 1-bath units. With 100% occupancy, investors can enjoy immediate cash flow from day one while still having room for future income growth. Most units have been updated with newer windows, paint and floor, and the property has no known major immediate maintenance needs. Electrical panels have been updated. Some rents remain below market, creating an opportunity to increase revenue over time. A rear storage building offers additional upside and could potentially be converted into a laundry facility or other income-producing use. Great location and great opportunity for investors looking for both current income and future value-add potential. Disclosure: Listing agent is related to the seller.
Price history
History from MLS records since this home was listed.
Monthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $775,000 price, 20% down, 30-year fixed rate at 7.24% (APR 7.24%). Includes taxes and insurance; 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.
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Liberty Link Group · licensed insurance agency
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Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
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Equal Housing Opportunity.
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Listing provided courtesy of Thao Nguyen-Pham, Spearhead Realty Group LLC ((405) 493-8144). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Nov 3, 2026, 4:20 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 Nov 3, 2026, 4:20 PM CT. MLS # 1247796. Homestead & Co is a licensed Oklahoma real estate brokerage.
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