1700 67Th StOklahoma City, OK 73111

Property Details for 1700 67Th St

Year built

1950

Lot size

0.60 AC

Property size (Sq ft)

1,813 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional multifamily investment opportunity presents two charming cottages situated on a 0.6-acre lot in Oklahoma City's Adventure District. The property, comprised of a main cottage and a guest studio, boasts a combined 1,813 square feet of net rentable space. Built in 1950 and 2011, with renovations completed in 2024, the property offers a blend of historic charm and modern updates. The main cottage features two bedrooms and 1.5 bathrooms, while the guest studio includes a full kitchen, full bathroom, vaulted ceilings, and newer windows. Amenities include ample parking (3 spaces per unit), a storm cellar, a well for lawn irrigation, and city water and septic systems. The property's location offers unparalleled convenience, just blocks from Remington Park, the Cowboy Hall of Fame, the Zoo, the Science Museum, and Devon Park (future Women's Olympics Softball location). Nearby attractions also include Trader Joe's, Classen Curve, and Nichols Hills, with easy access to downtown Oklahoma City and major highways. This property presents a strong value-add investment opportunity with a pro-forma cap rate of 7.70% and a pro-forma NOI of $25,333. The asking price is $329,000, representing a price per square foot of $181.47 and a price per unit of $164,500. The land value alone is $6.63 per square foot, and the property includes significant air rights of 26,136 square feet. This is a rare opportunity to acquire a unique and highly desirable property in a rapidly growing area of Oklahoma City.

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.5401

Longitude

-97.483

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].