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2321 N Meridian Ave, Oklahoma City, OK, 73107

84beds
40baths
32,312sqft
$3,200,000
$99price/sqft
$26,155/moest. monthly cost
$1,046,200/yrincome needed

About This Home

40-unit multifamily property featuring (36) two-bedroom and (4) three-bedroom units. Strong rental demand and consistent cash flow make this a solid investment opportunity. Recent upgrades include a newly built laundry room/warehouse, refinished pool, and added playground/park area, boosting tenant appeal. Ideal for investors seeking scale, stability, and long-term upside in a well-positioned asset. Roughly $37,000 in monthly income. Seller finance options: Option 1: Purchase Price: $3,200,000 Interest Rate: 7% Balloon: 3 years Amortization: Interest Only Down Payment: $600,000 Monthly Payment: $15,166.67 Option 2: Purchase Price: $3,200,000 Interest Rate: 4.5% Balloon: 3 years Amortization: 30 years Down Payment: $800,000 Monthly Payment: $12,160.45

Getting Around

74
WalkingVery Walkable
32
TransitSome Transit
52
BikeBikeable

Schools

3/10
2/10
Mayfield Middle SchoolGrades 6-80.9 mi
1/10

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 84
  • Bathrooms: 40
  • Full bathrooms: 40

Interior Area

  • Total structure area: 32,312
  • Total interior livable area: 32,312 sqft

Property

Details

  • Parcel number: 2321NMeridian73107

Features

  • Stories: 2

Lot

  • Lot size: 0.74 Acres
  • Features: Infill Lot,Other

Parking

  • Parking features: Asphalt,Gravel