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$299,000   Price Analysis
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20 SW 23rd St
Oklahoma City, OK 73109
Unknown bed None bath 2,862 SqFt ($104/SqFt)
7,000SqFt lot. Built 1935
Listed 2024-04-17, Taxes $3,167
Ⓧ USDA Ineligible
due to location

near Oklahoma City

Motivated seller.

* Sale Pending *

BRRRR opportunity. Property being sold As-is Welcome to your next investment opportunity at 20 SW 23rd St, OKC, OK, 73109! This 6-unit apartment complex, strategically located near downtown OKC and a 2-minute drive from the Paycom Center, i s a savvy investor's dream. The landlord takes care of all bills, making this property easy to keep full. With current rents below market value, there's substantial room for growth, ensuring a solid return on investment. Take a closer look at the individual units: Unit 1: A open 2-bed, 1-bath currently rented at $725, but the market supports $925.

Unit 2: Another 2-bed, 1-bath unit, currently vacant, with the potential to increase to the market rate of $925. Unit 3: A comfortable 1-bed, 1-bath apartment currently rented at $725 and the market suggests an increase to $750. Unit 4: This 1-bed, 1-bath unit commands a rent of $775 which is right at market value. Unit 5: Another 1-bed, 1-bath currently rented at $725, with the market supporting an increase to $750. Unit 6: A 1-bed, 1-bath unit, currently vacant, presenting a fantastic opportunity to set the rent at the market rate of $750. With its prime location, landlord pays all bills and the potential for increased rental incme, this apartment complex near downtown OKC is not to be missed. Seize the opportunity to maximize your investment returns and schedule a showing today!


Presented by Breann Green at
H&W Realty Branch.
Listing Agent Photo

Property MLS #1108910 from OklahomaCity

Total Bathrooms: 0

Lot Description: InteriorLot
Lot Size Acres: 0.1606979
Lot Size Square Feet: 7000

Parking Features: Asphalt, Concrete, Driveway

Elementary School: Wheeler ES
Elementary School District: Oklahoma City
High School: Capitol Hill HS
High School District: Oklahoma City
Middle School: Webster MS
Middle or Junior School District: Oklahoma City

Wheeler Middle School is a public elementary and middle school located approximately 0.6 miles away.
directions icon Map directions

Capitol Hill High School is a public high school located approximately 1.1 miles away.
directions icon Map directions

Sacred Heart Catholic School is a private elementary and middle school located approximately 0.7 miles away.
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Number of Units In Community: 6
Number of Units: 6

Association Fee Frequency: Annual

Annual Tax Amount: 3167
Source Listing Status: Pending
County: Oklahoma
Directions: From SE 29th and S Shields, go north on S Shields. Turn left/west onto SW 23rd.
Source Property Type: ResidentialIncome
Source Neighborhood: Capitol Hill Add
Parcel Number: 20SW23rd73109
Postal City: Oklahoma City
Subdivision: Capitol Hill Add
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$26,681 + $1,424
$28,105
$3,167
2021$17,921 + $1,054
$18,975
$2,130
2020$17,921 + $1,054
$18,975
$2,149
2019$9,226 + $995
$10,221
$1,153
2018$8,680 + $1,055
$9,735
$1,102
2017$8,790 + $1,054
$9,844
$1,113
2016$8,955 + $1,054
$10,009
$1,133
2015$8,747 + $995
$9,742
$1,113
2014$8,302 + $976
$9,278
$1,054
2013$7,952 + $884
$8,836
$1,020
2012$7,182 + $1,234
$8,416
$963
2010$6,258 + $990
$7,248
$826
2009$6,234 + $990
$7,224
$780
2009$6,663 + $922
$7,585
$780
2008$6,133 + $990
$7,123
$681
2006$7,398 + $990
$8,388
$916

Relisted 2024-04-22
$299,000
OklahomaCity
Listing removed 2024-04-18
$0
OklahomaCity
Listed 2024-04-17
$345,000
OklahomaCity
Listing removed 2024-03-23
$0
OklahomaCity
Relisted 2024-03-06
$395,000
OklahomaCity
Listing removed 2024-02-23
$0
OklahomaCity
Listed 2024-02-20
$395,000
OklahomaCity
Sold 2021-08-03
$265,000
Public Record
Sold 2019-12-02
$180,000
Public Record
Sold 2010-02-09
$59,000
Public Record
Sold 2007-11-29
$45,000
Public Record
Sold 2003-10-08
$80,000
Public Record
Sold 2000-12-29
$40,000
Public Record
Sold 1992-06-16
$43,000
Public Record

Year Built: 1935
Building Area Source: Assessor
Building Area Total: 2862
Construction Materials: Frame
Foundation Details: Slab
Levels: MultiSplit, Two
Property Age: 89
Roof: Composition
Levels or Stories: 2
Building Total Stories: 2
House Style: AFrame
Architectural Style: AFrame
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.