Elizabeth Turner
BEDS84
BATHS40 full
SQUARE FEET32,312
MLS#1224728
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPutnam City
Property Description
40-unit multifamily property featuring (36) two-bedroom and (4) three-bedroom units. Strong rental demand and consistent cash flow make this a solid investment opportunity. Recent upgrades include a newly built laundry room/warehouse, refinished pool, and added playground/park area, boosting tenant appeal. Ideal for investors seeking scale, stability, and long-term upside in a well-positioned asset. Roughly $37,000 in monthly income.Seller finance options:Option 1:Purchase Price: $3,200,000Interest Rate: 7%Balloon: 3 yearsAmortization: Interest OnlyDown Payment: $600,000Monthly Payment: $15,166.67Option 2:Purchase Price: $3,200,000Interest Rate: 4.5%Balloon: 3 yearsAmortization: 30 yearsDown Payment: $800,000Monthly Payment: $12,160.45
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.74 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $17,067
Year Built: 1960
Feature Descriptions
Days on Site: 19
Exterior: Brick
Lot: Infill Lot, Other
Parking: Asphalt, Gravel
Local Schools
High School: Putnam City HS
Middle School: Mayfield MS
Elementary School: Hilldale ES
School District: Putnam City
Listed By / Shown By
Listed By
Agency Name: Lionshead Property Management
Agency Phone: 405-826-7963
Agent Name: Alan Larsen
Shown By
Agent Name: Elizabeth Turner
Agent Phone: (539) 664-1322
Agency Title: Chinowth & Cohen
Estimate Your Payment
Estimated Payment
$ 9,477.40 per month $7,121.81 Principal & Interest $1,422.25 Property Tax $933.33 Homeowner's InsuranceChange Payment Information
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2321 N Meridian Avenue | MLS# 1224728
This multi-family property located at 2321 N Meridian Avenue, Oklahoma City, OK 73107 is currently listed for sale with an asking price of $3,200,000. N Meridian Avenue is located within the Putnam City school district. Search Oklahoma City real estate on eturner.ccoklahoma.com today.