408 Chautauqua Avenue, Norman, OK 73069

Norman
Local realty services provided by:ERA Courtyard Real Estate
Listed by: rudy hymer
Office: rjh realty investments inc
MLS#:1235463
Source:OK_OKC
408 Chautauqua Avenue,Norman, OK 73069
$495,000
  • 4 Beds
  • 4 Baths
  • 2,548 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$495,000
  • Price per sq. ft.:$194.27

About this home

Exceptional opportunity to acquire a fully leased multifamily asset in one of Norman's most desirable rental corridors, just minutes from the University of Oklahoma. Located in the heart of the campus area, 408 Chautauqua Avenue consists of four one-bedroom, one-bathroom units that cater to the strong and consistent demand generated by OU students, faculty, staff, and young professionals. The property features four separately metered units, allowing tenants to pay their own utilities and minimizing owner operating expenses. With all units currently leased, investors benefit from immediate in-place cash flow and a stabilized income stream from day one. The building offers a highly efficient unit mix, attractive to renters seeking affordable housing within close proximity to campus, Campus Corner, and downtown Norman amenities. Originally constructed in 1930 and configured as a four-unit multifamily property, the asset provides a proven rental history in a location known for strong...

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Home facts

  • Year built:1930
  • Listing ID #:1235463
  • Added:54 day(s) ago
  • Updated:August 13, 2026 at 12:39 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Kitchen Description:Refrigerator
  • Living area:2,548 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Panel Ray

Structure and exterior

  • Roof:Composition
  • Year built:1930
  • Building area:2,548 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Campus Area, Interior Lot
  • Architectural Style:Craftsman
  • Construction Materials:Stucco
  • Foundation Description:Conventional

Schools

  • High school:Norman HS
  • Middle school:Alcott MS
  • Elementary school:Mckinley ES

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$194.27

Features and amenities

  • Appliances:Refrigerator

Parking

  • Total parking spaces:6
  • Parking description:Backyard
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