SQUARE FEET11,948
MLS#1175629
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Welcome to 1731 NW 32nd Street-where stability meets upside. This 16-unit multifamily in the heart of Oklahoma City is already cash-flowing with 85% occupancy, offering immediate income and long-term potential. There are 9-two bedrooms, 6-1 bedrooms. and 1-3-bedroom units. Current ownership has fully upgraded the electrical systems, setting the stage for low-maintenance operations. A clean pre-inspection report and roof report (available upon request), and with rents still below market, savvy investors can capture significant value through strategic improvements or light unit refreshes. The complex has on-site laundry machines currently not in use that can be potential for added income. Located near major commuter routes, a popular college, and employment centers, this asset offers consistent tenant demand in a strong rental corridor. Whether you're expanding your portfolio or entering the multifamily space, this property delivers both reliability and room to grow.Reach out today for financials, rent roll, and to schedule a private showing.
Property Features
Property Type: Commercial - Business
Lot Size: 0.45 Acres
Stories: 2.0
Taxes: $11,804
Year Built: 1964
Listed By / Shown By
Listed By
Agency Name: LIME Realty
Agency Phone: 405-254-6310
Agent Name: Kelly Heaton
Shown By
Agent Name: Gilda Krantz-Smith
Agent Phone: Cell: (918) 808-0224
Agency Title: Chinowth & Cohen
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1731 NW 32nd Street | MLS# 1175629
This commercial property located at 1731 NW 32nd Street, Oklahoma City, OK 73118 is currently listed for sale with an asking price of $1,190,000. Search Oklahoma City real estate on gkrantzsmith.ccoklahoma.com today.