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About the Listing LIME01 - 180597
Opportunity to own a property in the heart of Norman, just minutes from the University of Oklahoma campus. Whether you're a seasoned investor, a parent seeking a home for your college student, or a buyer looking to live a short trip from game day, this condo delivers unbeatable location, livability, and rental potential. This property sits in one of Norman's most reliable rental corridors — a market that benefits from year-round demand from OU's enrollment of over 30,000 students, plus faculty, medical residents, and young professionals. Condos in this corridor historically have shown strong monthly rental rates with consistent occupancy from a reliable tenant pool of students, graduate students, and medical professionals. There is built-in seasonal demand from football weekends, campus events, and academic-year leasing cycles. Low-maintenance condo living makes ownership simple — no lawn care, no exterior upkeep, just steady rental income and equity growth. Inside, you'll find a functional layout with an open living and dining area — bright, versatile space for studying, entertaining, or relaxing. In-unit laundry hookups bring added convenience, and the private patio offers an outdoor space to enjoy Oklahoma evenings. HOA dues cover exterior maintenance and insurance, water/sewer service, trash, and two pools. Note that there are no hot water tanks in the units- the HOA manages a central boiler. That means no hot water tank to maintain, and all-electric units with no need for a gas bill. Roof and exterior coverings have all been replaced within the last three years. Refrigerator to convey with the property at no cost to buyer. For added peace of mind, the seller is providing a First American Home Warranty with First Class upgrade for the first year. This is an affordable entry point into Oklahoma City metro real estate - seize the opportunity to make it yours.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full / 1 Half
- Appliances:
- Air Cond: Central Elec
- Heating: Electric
- Fireplaces: 1, Wood Burning
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Interior Lot
- Garage Capacity: N/A
- Zoning: 0
- Roof: Other
- Others: Cabana,Patio - Open
- Sewer:
- Parking Features: Asphalt
Financial Details
- Tax Amount: $718
- Taxes w/Assessments: N/A
- Tax/Property ID: 401SE12th20873071
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
401 SE 12th Ave Unit 208 Norman, OK 73071
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