Description
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.
Details
| MLS # | 1253239 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $3,160 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 30 |
| Listing Provided By | LIME Realty | Lauren Durmus |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,392 |
| Acreage | 0.09 |
Interior
| Rooms Total | 0 |
|---|---|
| Heating | Electric |
| Fireplaces Total | 1 |
Exterior
| Lot Features | Interior Lot |
|---|---|
| Foundation Details | Slab |
Parking
| Garage Spaces | 0 |
|---|---|
| Parking Features | Asphalt |
Taxes
| Okc Tax Amount | 1451.0000 |
|---|---|
| Tax Block | N/A |
| Tax Lot | N/A |
Area Information
| State | OK |
|---|---|
| County | Cleveland |
| City | Norman |
| Zip Code | 73071 |
| School District | Cleveland |
| School District | Dimensions Academy,Norman HS |
| Elementary School | Kennedy ES |
| High School | Dimensions Academy,Norman HS |
| Listing VS Median (in 73071) | |
Price: $95,000 low | high Med: $272,500 sqft: 1,392 low | high Med: 1,960 $ / sqft: $68 low | high Med: $139 On site: 30 low | high Med: 82 | |
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Learn More About This Property
| State | OK |
|---|---|
| County | Cleveland |
| City | Norman |
| Zip Code | 73071 |
| School District | Cleveland |
| School District | Dimensions Academy,Norman HS |
| Elementary School | Kennedy ES |
| High School | Dimensions Academy,Norman HS |
| Listing VS Median (in 73071) | |
Price: $95,000 low | high Med: $272,500 sqft: 1,392 low | high Med: 1,960 $ / sqft: $68 low | high Med: $139 On site: 30 low | high Med: 82 | |
Gwyn Self and Kira Ogle - Blue Avenue RE Team | (405) 464-5475 | 157541
Oklahoma City - 8100 N. May Ave, Oklahoma City, OK 73120
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Select Management Group, LLC fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
