1210 N Ann Arbor Avenue, Oklahoma City, OK 73127

$619,000
  • 1210 N Ann Arbor Avenue, Oklahoma City, OK 73127 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET1,543 MLS#1249877
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLPutnam City

Property Description

Multiple income streams and room to grow on 2.5 acres in Northwest Oklahoma City. This investment property includes two occupied single-family homes, 87 self-storage units, and 60 parking spaces, combining existing rental income with substantial available capacity.The remodeled 1-bedroom, 1-bath residence rents for $725 per month on a month-to-month lease. The second home rents for $950 per month under a new annual lease, with potential for cosmetic improvements and future rent growth.Behind the homes, the storage and parking operation features an electronic access gate and security cameras. Currently, only 38 of the combined 147 storage units and parking spaces are rented as the operation undergoes repositioning. Marketing has historically been limited to on-site signage, creating an opportunity to increase occupancy through an online presence and active management.Storage and parking currently brings in $1,964 per month in gross rental income, with room to grow through increased occupancy. Historical gross revenue exceeded $36,000 in 2024, while utility and lawn-care expenses totaled just over $2,500 in 2023. Current and historical financial information is available for review.With established infrastructure, two leased residences, and significant storage and parking availability, this property offers an opportunity to build on an existing operation and expand income through improved visibility and increased occupancy. Contact us to schedule a showing and request financials.

1210 N Ann Arbor Avenue | MLS# 1249877

This multi-family property located at 1210 N Ann Arbor Avenue, Oklahoma City, OK 73127 is currently listed for sale with an asking price of $619,000. N Ann Arbor Avenue is located within the Putnam City school district. Search Oklahoma City real estate on deb.gocrossland.com today.

Property Features

Property Type: Multi Unit - Multiple
Fenced: Yes
Heating: Natural Gas
Lot Size: 2.47 Acres
Roof Type: Composition
Taxes: $5,572
Year Built: 1985

Feature Descriptions

Appliances: Refrigerator, Water Heater
Days on Site: 7
Exterior: Brick & Frame, Other, Stone
Lot: Interior Lot, Other
Miscellaneous: Fenced Property, Inside Storage, Outside Storage, Security Lighting, Security System, Separate Meters, Storage, Tenant Pays Utils, Wellhouse
Parking: Concrete, Gravel, RV Access/Parking
Security: yes

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: Bailee & Co. Real Estate
Agent Name: Kiera Underwood
Agency Phone: (405) 982-0909

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Shown By

Agent Name: Deborah McCaul
Agent Phone: (405) 818-0796
Agency Title: Crossland Real Estate

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Estimated Payment

$ 4,155.14 per month $3,510.27 Principal & Interest $464.33 Property Tax $180.54 Homeowner's Insurance

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