623 Dakota Street, Norman, OK 73069

$220,000
3
BD
2
BA
1,472
SqFt

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Sold Price
$220,000
List Price
$225,000
MLS#
1170299
Days on Market
61
Closing Date
Aug 14, 2025
Living Area
1,472
Status
CLOSED
Type
Multifamily
Bedrooms
3
Full Bathrooms
2
Neighborhood
Norman Heights

Property Description

Two Homes, One Investment—Near OU! This unique opportunity includes two updated homes on one lot—623 Dakota and 620 W Acres—positioned back-to-back with separate street access and private yards. Perfect for investors, house-hackers, or multi-generational living, both homes are tenant-occupied and generating $2,025/month in combined rent, offering a solid ~10% cap rate based on current taxes. 623 Dakota is a 2-bedroom, 1-bath home leased at $1,150/month through April 2026. 620 W Acres features 1 bedroom and 1 bath, leased at $875/month through May 2026. Recent updates to both homes include new roofs (2023), foundation repairs, granite countertops, new flooring and paint, and modern finishes throughout. Located just minutes from the University of Oklahoma and I-35, this is a rare opportunity to own two income-producing properties on one lot. Whether you plan to live in one and rent the other or keep both as long-term rentals, this property offers flexibility and strong returns. Do not disturb tenants. Showings available only after an accepted offer. Homes are sold together and cannot be purchased separately.

Additional Information

Construction
Frame, Vinyl
Year Built
1940
School District
Norman
Elementary School
Adams ES
Middle School
Whittier MS
High School
Norman HS
Roof
Composition
Lot Description
Interior Lot
Lot Size
6,970
Foundation
Conventional

Courtesy of Sabrina Adams and Arrived OKC. 405-772-3241

Selling Office: Homestead + Co.

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