1311 Glen Oaks Court, Norman, OK 73071

$2,042,500
40
BD
20
BA
15,950
SqFt

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Sold Price
$2,042,500
List Price
$2,295,000
MLS#
1200966
Days on Market
14
Closing Date
Dec 30, 2025
Living Area
15,950
Status
CLOSED
Type
Multifamily
Bedrooms
40
Full Bathrooms
20
Township
8
Neighborhood
Glen Oaks Twnhs

Property Description

This is a wonderful opportunity to own 5 remodeled 4-plexes with 20 2 bedroom, 1 bath units. This includes 1311 Glen Oaks Ct, 1315 Glen Oaks Ct(Assessor #R0094128), 1319 Glen Oaks Ct(assessor # R0094129), 1325 Glen Oaks Ct(assessor #R0094131) and 1331 Glen Oaks Ct(assessor #R0094136). 100% occupied. Rents are still under market so there is much upside. Each 4 plex has it's own water meter for the 4 units. We have been paying the water but have been transitioning into charging the tenants $50 per month for this. We reduced some rents on units we recently leased but added the water charge. These units have been totally remodeled in the last few years with new class 4 hail resistant roofs installed in 2025, vinyl siding, new windows and doors, remodeled bathrooms and kitchens. Most have newer ch/a and hot water tanks. The parking lot was resurfaced in the last few years and the concrete around the buildings replaced. No deferred maintenance here. Listing broker is an owner of the company that owns these units with real estate license #071687. Owner will consider owner financing subject to a credit application review. General terms would require 25% down at 6.00% for up to 30 years with an 8 year balloon. Do not disturb tenants. Marketing videos of most of the units..available upon request. '

Additional Information

Construction
Brick, Vinyl
Year Built
1982
School District
Norman
Elementary School
Ronald Reagan ES
Middle School
Irving MS
High School
Norman HS
Roof
Heavy Comp
Appliances
Dishwasher, Disposal, Refrigerator
Cooling
Central Elec
Heating
Central Electric
Lot Description
Corner Lot
Acres
0.16
Foundation
Combination

Courtesy of Rudy Hymer and RJH Realty Investments. 405-364-4801

Selling Office: RJH Realty Investments.

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