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411 Iowa St, Norman, OK, 73069

2beds
1baths
832sqft
$115,000
$138price/sqft
$931/moest. monthly cost
$37,240/yrincome needed

About This Home

Attention Builders, Developers, and Cash Investors! Exceptional investment opportunity in the heart of Norman! This property features a 2-bedroom, 1-bath home with approximately 832 square feet of living space situated on a 6,970 square foot lot. Whether you're looking to renovate, add to your rental portfolio, or capitalize on the potential for a tear-down and new construction, this property offers outstanding possibilities. Conveniently located just minutes from the University of Oklahoma, major shopping, dining, entertainment, and key Norman thoroughfares, this location is ideal for future development or long-term investment. Situated in a highly desirable area with strong demand for both rentals and new construction, this property is priced to sell. Property is being sold AS-IS. Cash or conventional financing preferred. Don't miss this opportunity to secure a valuable piece of Norman real estate.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
94
BikeBiker's Paradise

Schools

5/10
Adams Elementary SchoolGrades PK-50.4 mi
8/10
Whittier Middle SchoolGrades 6-81.7 mi
9/10
Norman North High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1936

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Fireplace features: None

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 832
  • Total interior livable area: 832 sqft

Property

Details

  • Parcel number: 411NONEIowa73069
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Water Feature

Lot

  • Lot size: 6,969 sqft
  • Features: Interior Lot

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Ice Storm
Cold Wave
Heat Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Cleveland County and Oklahoma

Fire
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $581$6,972
Home Insurance $118$1,416
Property Taxes $88$1,056
Electricity $144$1,732
Total$931$11,172

Income You'd Need if You Spent...

35% on housing$31,920/yr
40% on housing$27,930/yr
45% on housing$24,826/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 73069$180
Cleveland County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 73069$170
Cleveland County$152

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$115,000
2026-07-27Price change$115,000
2026-07-03Listed for sale$125,000
2012-08-01Sold$30,000

For Sale by Agent

AgentLarry Garner
BrokerageKeller Williams Realty-Mulinix

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