229 Chalmette Drive

Norman, OK 73071

About this property

Rare opportunity to own a well maintained 4 plex approx 2 miles from the University of Oklahoma campus. Each unit has approximately 975 square feet with 2 bedrooms, and 1 bath featuring central heat and air, fireplace, all kitchen appliances, and washer/dryer hookups.New class 4 hail resistant roof in 2025 and new windows in 2017.Some long term tenants and all rents below market so room to grow the income. Owner financing is available with 25% down, up to a 30 year AM, at 5.75% interest rate subject to credit/asset review. We do not do "creative financing" such as seller being in 2nd place, equity participation, terms that are not fully amoritized, etc. Listing broker is an owner of the selling LLC with license # 071687.Do not disturb tenants.

About this property

Rare opportunity to own a well maintained 4 plex approx 2 miles from the University of Oklahoma campus. Each unit has approximately 975 square feet with 2 bedrooms, and 1 bath featuring central heat and air, fireplace, all kitchen appliances, and washer/dryer hookups.New class 4 hail resistant roof in 2025 and new windows in 2017.Some long term tenants and all rents below market so room to grow the income. Owner financing is available with 25% down, up to a 30 year AM, at 5.75% interest rate subject to credit/asset review. We do not do "creative financing" such as seller being in 2nd place, equity participation, terms that are not fully amoritized, etc. Listing broker is an owner of the selling LLC with license # 071687.Do not disturb tenants.

Features and Additional Information

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$475,000 Active
3,792 sqft

Presented By Tulsa-OKC Select Relocation Director

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Get in touch today! Phone: 1-918-496-3333
Brokerage
RJH Realty Investments Inc
1-405-364-4801
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Area Information

Cleveland | Cleveland County |

$ 475,000
This listing is play_arrow 76.0% higher than the average in the area
$ 269,900 in the area
3,792 SqFt
This listing is play_arrow 108.1% larger than the average in the area
1,822 SqFt in the area
$ 125 $/SqFt
This listing is play_arrow 15.4% less than the average in the area
$ 148 $/SqFt in the area
33 days on site
This listing is play_arrow 15.4% below the average in the area
39 days on site in the area

Schools in the Area

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    Elementary School
    Kennedy ES
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    Middle School
    Irving MS
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    High School
    Norman HS
Listed By Rudy Hymer
Brokerage: RJH Realty Investments Inc

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