GREAT LOCATION & GREAT CASHFLOW! Package deal of 4 townhouses. Three units (4 & 12,14) fully remodeled as shown in pictures, Long term tenant in unit #16. Desirable location, close to OKC Community College (OCCC), I-35 and I-240 and many favorite dining and shopping. Each unit has 2 bedroom and 1 full bathroom upstairs and kitchen and half bath downstairs with washer and dryer hookup. ***7501 Sherwood #12, #14 and #16 in Walnut Townhouse has HOA Fee of $300/unit/year and HOA insurance $450/unit/year. Rents are $825, $795 and $750/ month while tenants pay all utilities. Communication with HOA is great. ***2720 SW 74th Unit #4 has NO HOA and insurance is $539/year and rent is $800/month. Total rent is $3170/month. Leases shall be provided during due diligence period. All tenants are great and intend to stay long time. Will schedule showing/inspection with accepted offer to limit disturbances to tenants. Don't miss this investment opportunity!
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1983
Stories: 2
Living Area: 3,200 SqFt
Listing Office:
Office Name: Brix Realty
Office Phone: (405) 594-8341
Listing Agent: Steven Chamberlain
Interior Features
Interior Information:
Appliances: Dishwasher, Refrigerator, Water Heater
Bedroom and Bathroom Information:
Partial Bathrooms: 4
Full Bathrooms: 4
Total Bedroom Count: 8
Exterior Features
Parking Information:
Parking: Concrete, Driveway
Lot Features
Lot Information:
Lot: Other
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air
Other
Directions Information:
Directions: S May and SW 79th, go East on SW 79th. Walnut Townhouse Unit 12,14,16 and College Park Town Unit 4
Price Information
Listing Price Info
Price Summary:
List Price: $375,000
Price Per SqFt: $117/SqFt
HOA Fees:
Amount: $300
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Oklahoma City, OK.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,964
Per Month
Principal & Interest
$1,872
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$25
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,191
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Hillcrest Elementary School
6421 S Miller Blvd
Distance between this listing and this school0.70 miles
Public District Grades PK-5
1
/10
John Glenn Elementary School
6501 S Land Ave
Distance between this listing and this school0.94 miles
Public District Grades PK-4
5
/10
Fairview Elementary School
2431 SW 89th St
Distance between this listing and this school0.99 miles
Public District Grades PK-6
Nearby Schools
3
/10
Jefferson Middle School
6800 S Blackwelder Ave
Distance between this listing and this school1.39 miles
Public District Grades 6-8
4
/10
West Jr High School
9400 S Pennsylvania Ave
Distance between this listing and this school1.58 miles
Public District Grades 7-8
3
/10
Roosevelt Middle School
3233 SW 44th St
Distance between this listing and this school2.17 miles
Public District Grades 7-8
Nearby Schools
1
/10
U. S. Grant High School
5016 S Pennsylvania Ave
Distance between this listing and this school1.92 miles
Public District Grades 9-12
6
/10
Southeast High School
5401 S Shields Blvd
Distance between this listing and this school3.26 miles
Public District Grades 9-12
1
/10
Capitol Hill High School
500 SW Grand Blvd
Distance between this listing and this school3.38 miles
The neighbors living near this home have an average income of $35,417. The majority of Oklahoma City, OK residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
This home is located at 7501 S Sherwood Ave Unit 12, 14, 16, 4 in Oklahoma City, OK and zip code 73159 in the Meadowcliff neighborhood. This 3,200 square foot home was built in 1983. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 16, 2023 and is currently priced at $375,000.
In April 2024, from all listings sold in Oklahoma City, OK there were more than 179 sold above asking price, over 371 sold below and more than 327 were sold right at the asked price. In April 2024 in Oklahoma City, OK there were 6.1% more homes for sale than in March 2024. While the average time on the market in April 2024 was 36 days, the median list price was $249,996.
From Rocket Homes Real Estate and based on county public records data.