400 SW 42nd St

Oklahoma City, OK 73109
  • $525,000

    Price
  • 0

    Bed
  • 8

    Bath
  • 4,006

    SqFt

About the Listing TBRO01 - 176256,JJUDISCH

Excellent investment opportunity! This well-maintained, two-story multifamily property features 8 total units—6 one-bedroom units and 2 studio/efficiency units—all in good condition and fully occupied. The property is under a master lease with the Homeless Alliance, offering guaranteed rent payments and stable tenancy. All units have passed Housing Authority inspections, ensuring compliance and minimal maintenance concerns. This is a turnkey, income-producing asset with a strong rental history and no reported issues. Ideal for investors seeking reliable cash flow with minimal oversight. Financial overview is available upon request and cap rate is 11.6%

Listing Highlights for 400 SW 42nd St

Status Pending
Days on Site 105
Property Type Multi-Family
MLS ® 1181703
Year Built 1925
Total Square Footage 4,006
Lot/Acreage 0.24
County Oklahoma
Neighborhood Draper Park Add
School District Oklahoma City
Elementary School Capitol Hill ES
Middle School Santa Fe South MS

Interior Details

  • Bedrooms: 0
  • Bathrooms: 8 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Corner Lot
  • Garage Capacity: N/A
  • Roof: Composition
  • Others:
  • Sewer:
  • Parking Features: Concrete,Driveway

Financial Details

  • Tax Amount: $4,585
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 400SW42nd73109
  • Tax Year: N/A

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Questions About..

400 SW 42nd St Oklahoma City, OK 73109

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Originating MLS: MLSGATEWAY

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