623 Dakota ST new

Norman,OK 73069

$ 225000

3 Beds

2 Baths

1472 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,472 sqft

Price per Sqft $152

MLS Listing ID OKC1170299

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1940

Annual Tax Amount $2,263

Lot Size 6,970 Sqft

Property Sub-Type Duplex

Property Description

Two Homes, One Investment—Near OU!

This unique opportunity includes two updated homes on one lot—623 Dakota and 620 W Acres—positioned back-to-back with separate street access and private yards. Perfect for investors, house-hackers, or multi-generational living, both homes are tenant-occupied and generating $2,025/month in combined rent, offering a solid ~10% cap rate based on current taxes.

623 Dakota is a 2-bedroom, 1-bath home leased at $1,150/month through April 2026. 620 W Acres features 1 bedroom and 1 bath, leased at $875/month through May 2026. Recent updates to both homes include new roofs (2023), foundation repairs, granite countertops, new flooring and paint, and modern finishes throughout.

Located just minutes from the University of Oklahoma and I-35, this is a rare opportunity to own two income-producing properties on one lot. Whether you plan to live in one and rent the other or keep both as long-term rentals, this property offers flexibility and strong returns. Do not disturb tenants. Showings available only after an accepted offer. Homes are sold together and cannot be purchased separately.

Location

State OK

County Cleveland

Exterior

Roof Type Composition

Building

Lot Description Interior Lot

Foundation Conventional

Structure Type Frame,Vinyl

Schools

Elementary Schools Adams Es

Middle Schools Whittier Ms

High Schools Norman Hs

School District Norman

Others

Acceptable Financing Cash,Conventional,Seller will Finance

Listing Terms Cash,Conventional,Seller will Finance

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