OK
Oklahoma
Oklahoma City
73109
400 SW 42nd Street
400 SW 42nd Street, Oklahoma City, OK 73109
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Listing Type
Multi Family
Listing Status
active
34
$525,000

Home Details for 400 SW 42nd Street

Price
$525,000
Type
Residential Income
Bedrooms
8
Bathrooms
8.0
Square feet
NaN
Year built
1925
County
Oklahoma
Garage
Days on site
43
MLS Listing#
1181703
Property Description

Excellent investment opportunity! This well-maintained, two-story multifamily property features 8 total units—6 one-bedroom units and 2 studio/efficiency units—all in good condition and fully occupied. The property is under a master lease with the Homeless Alliance, offering guaranteed rent payments and stable tenancy. All units have passed Housing Authority inspections, ensuring compliance and minimal maintenance concerns. This is a turnkey, income-producing asset with a strong rental history and no reported issues. Ideal for investors seeking reliable cash flow with minimal oversight. Financial overview is available upon request and cap rate is 11.6%

Property Features
  • Parking
    • Concrete
    • Driveway
School Information
School Information for 400 SW 42nd Street, Oklahoma City, OK 73109
Elementary School
Capitol Hill ES
Middle School
Santa Fe South MS
High School
Santa Fe South HS
Listing Courtesy: The Brokerage - 405-451-4805
Presented by: Eleonore Hutton
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Median Listing Price
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Market statistics compiled from data from Oklahoma City Metropolitan Association of REALTORS.
EXIT REALTY PREMIER
3705 W. Memorial Rd Suite 1405, Oklahoma City, OK 73134
Vada Dwaileebe
License #: 171732
Franchisee
Office
405 703 3565
Agent
405 496 2928
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