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401 SE 12th Avenue, Unit 208, Norman, OK 73071

$99,900
  • 401 SE 12th Avenue, Unit 208, Norman, OK 73071 Main Photo

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New to the Market Active
BEDS3 BATHS2 full 1 partial SQUARE FEET1,392 MLS#1240545
STATUSActive PROPERTY TYPEResidential - Condominium SCHOOLNorman

Property Description

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.

401 SE 12th Avenue, Unit 208 | MLS# 1240545

This condo located at 401 SE 12th Avenue, Unit 208, Norman, OK 73071 is currently listed for sale with an asking price of $99,900. This property was built in 1976 and has 3 bedrooms and 2 full and 1 partial baths with 1392 sq. ft. SE 12th Avenue, Unit 208 is located within the Norman school district. Search Norman real estate on www.shannonsoldok.com today.

Property Features

Property Type: Residential - Condominium
Fireplaces: 1
Heating: Electric
Home Style: Traditional
Lot Size: 0.09 Acres
Roof Type: Other
Taxes: $718
Year Built: 1976

Amenities

Cabana
Patio - Open

Feature Descriptions

Association Fee Includes: Garbage, Insurance, Exterior Maintenance, Partial Utilities, Pool
Exterior: Brick, Stone
Fireplace: Wood Burning
HOA Fee: $3816
Home Warrany: 1
Lot: Interior Lot
Parking: Asphalt
Storm Shelter: No

Local Schools

High School: Dimensions Academy,Norman HS
Middle School: Irving MS
Elementary School: Kennedy ES
School District: Norman

Listed By / Shown By

Listed By

Agency Name: LIME Realty
Agent Name: Lauren Durmus
Agency Phone: (405) 254-6310

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Shown By

Agent Name: Shannon Myers-Coan
Agent Phone: Cell: (918) 902-1069
Agency Title: Chinowth & Cohen

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Estimated Payment

$ 311.30 per month $222.33 Principal & Interest $59.83 Property Tax $29.14 Homeowner's Insurance

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