Excellent investment opportunity in Norman! This well-established duplex offers 100% occupancy and an impressive 23-year rental history, including no vacancies over the past 10 years. Current leases generate $2,450 per month in rental income, totaling $29,400 annually. Built in 2003, the property features approximately 2,460 total square feet, with each unit offering approximately 1,230 square feet of living space. Conveniently located near the University of Oklahoma, Downtown Norman, and numerous local restaurants, shops, and businesses. Annual HOA dues include lawn mowing, providing added convenience and reduced maintenance responsibilities. With a proven history of consistent tenancy, an established rental location, and both units currently leased, this property presents an excellent opportunity for investors seeking an income-producing addition to their portfolio. Don't miss the opportunity to own a fully occupied duplex in the Norman rental market!
| MLS # | 1254807 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $1,350 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2003 |
| Days On Site | 8 |
| Listing Provided By | Meraki Real Estate | Zandrea Waldenville |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,459 |
| Story(s) | 1 |
| Acreage | 0.18 |
| Lot Features | Interior Lot |
|---|---|
| Foundation Details | Slab |
| Parking Features | Concrete |
|---|
| Okc Tax Amount | 2996.0000 |
|---|---|
| Tax Block | 3 |
| Tax Lot | 3 |
| State | OK |
|---|---|
| County | Cleveland |
| City | Norman |
| Zip Code | 73071 |
| School District | Cleveland |
| School District | Norman HS |
| Elementary School | Ronald Reagan ES |
| High School | Norman HS |
| Listing VS Median (in 73071) | |
Price: $334,500 low | high Med: $272,400 sqft: 2,459 low | high Med: 1,642 $ / sqft: $136 low | high Med: $166 On site: 8 low | high Med: 68 | |
| State | OK |
|---|---|
| County | Cleveland |
| City | Norman |
| Zip Code | 73071 |
| School District | Cleveland |
| School District | Norman HS |
| Elementary School | Ronald Reagan ES |
| High School | Norman HS |
| Listing VS Median (in 73071) | |
Price: $334,500 low | high Med: $272,400 sqft: 2,459 low | high Med: 1,642 $ / sqft: $136 low | high Med: $166 On site: 8 low | high Med: 68 | |