505 SW 30th Street, Oklahoma City, OK 73109
Local realty services provided by:CENTURY 21 First Choice Realty
Listed by: joseph codner
Office: hamilwood real estate
MLS#:1239178
Source:OK_OKC
505 SW 30th Street,Oklahoma City, OK 73109
$940,000
- 1 Beds
- 1 Baths
- 8,176 sq. ft.
- Multi-family
- Active
Price summary
- Price:$940,000
- Price per sq. ft.:$114.97
About this home
Position your investors for immediate cash flow and long-term upside with this 14-unit multifamily property located in SW Oklahoma City. This value-add asset has already undergone significant operational improvements, allowing a new owner to benefit from increased revenue while minimizing the heavy lifting typically associated with repositioning a property.
Over the past year, ownership has substantially increased rental rates to better align with market conditions while making meaningful capital improvements throughout the property. The units have been updated, enhancing both tenant appeal and long-term durability. The property also features new windows, improving energy efficiency, curb appeal, and reducing future maintenance concerns.
A major operational enhancement includes transitioning tenants to pay their own electric service, as the property is individually metered, thus significantly reducing owner expenses and improving the property's overall operating efficiency. These changes have created a stronger income-producing asset with continued upside potential through ongoing management and future rent optimization.
the property is in good overall condition and offers investors an attractive combination of stable occupancy, improved operations, and reduced deferred maintenance. Whether you're looking to expand an existing portfolio or acquire a turnkey multifamily investment with proven rental growth, this property presents an excellent opportunity in the Oklahoma City market.
Conveniently located with easy access to major employment centers, downtown Oklahoma City, I-35, I-44, and I-240, the property benefits from strong rental demand and excellent accessibility for tenants.
Don't miss the opportunity to acquire a well-positioned 14-unit apartment community where many of the value-add improvements have already been completed. Financial information is available upon request. Contact the listing agent for additional details or to schedule a private tour....
Contact an agent
Home facts
- Year built:1971
- Listing ID #:1239178
- Added:106 day(s) ago
- Updated:October 29, 2026 at 12:51 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:8,176 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Year built:1971
- Building area:8,176 sq. ft.
- Lot area:0.32 Acres
- Lot Features:Interior Lot
- Architectural Style:Traditional
- Construction Materials:Brick & Frame
- Foundation Description:Slab
Schools
- High school:Capitol Hill HS
- Middle school:Capitol Hill MS
- Elementary school:Lee ES
Finances and disclosures
- Price:$940,000
- Price per sq. ft.:$114.97
Parking
- Parking description:Concrete
New listings near 505 SW 30th Street
- New
$299,500Active4 beds 2 baths1,998 sq. ft.6477 N Sterling Drive, Oklahoma City, OK 73132
MLS# 1255500Listed by: PLATINUM REALTY LLC - New
$149,900Active2 beds 1 baths876 sq. ft.2009 Andover Court, Oklahoma City, OK 73120
MLS# 1255847Listed by: LOGAN REAL ESTATE CO. - New
$249,900Active6 beds 4 baths2,407 sq. ft.7026 Woodlake Drive, Oklahoma City, OK 73132
MLS# 1255987Listed by: ROCK PROPERTY GROUP - New
$149,900Active2 beds 2 baths1,040 sq. ft.6100 N Brookline Avenue #27, Oklahoma City, OK 73118
MLS# 1251364Listed by: ARISTON REALTY LLC - New
$249,900Active3 beds 3 baths1,911 sq. ft.8500 NW 90th Street, Oklahoma City, OK 73132
MLS# 1255791Listed by: COURTYARD REAL ESTATE - New
$234,900Active3 beds 2 baths1,481 sq. ft.720 SW 133rd Street, Oklahoma City, OK 73170
MLS# 1255974Listed by: REALTY EXPERTS, INC - New
$300,000Active3 beds 2 baths1,664 sq. ft.3425 NW 164th Terrace, Edmond, OK 73013
MLS# 1255970Listed by: FIRST OPTION REALTY LLC - New
$230,000Active2 beds 2 baths1,314 sq. ft.8917 Ava Avenue, Oklahoma City, OK 73149
MLS# 1255870Listed by: CULTIVATE REAL ESTATE - New
$1,385,000Active4 beds 5 baths5,289 sq. ft.10221 S Triple X Road, Choctaw, OK 73020
MLS# 1255946Listed by: KING REAL ESTATE GROUP - New
$427,500Active5 beds 4 baths3,112 sq. ft.3012 Brookhollow Road, Oklahoma City, OK 73120
MLS# 1255955Listed by: CB/MIKE JONES COMPANY