Active

315 S Lahoma Avenue

Norman OK, 73069

$225,000


$208.72 per sqft

Active

2 Beds

1 Bath

1,078 sqft

Residential

Built in 1922

Listing courtesy of Aaron William Petrone and with Keller Williams Realty Mulinix Listing Contact: 405-329-6976

Adorable Bungalow in the Heart of Norman - Steps from OU & Main Street!



Nestled on charming Lahoma Avenue, this versatile bungalow offers the perfect blend of convenience, charm, and opportunity. Just walking distance from the University of Oklahoma campus and the vibrant downtown Main Street, you'll enjoy easy access to restaurants, bars, shopping, and nightlife.



Property Features:

* Two Units, Endless Possibilities:

* Front Unit: (315) 910 sq. ft. featuring 1 bedroom, 1 bath, living, dining, and kitchen spaces.

* Back Unit: (315 1/2) 168 sq. ft. studio with 1 bedroom, 1 bath, and kitchenette.

* Can easily be converted back to a 2-bedroom, 2-bath home.

* Recent updates:

* New roof (2022)

* Air conditioning system (2016)

* Water heater (2020)



Investment Potential:

This property is perfect as a primary residence or an income-producing investment:

* Front unit currently leased at $750/month (month-to-month).

* Back unit leased at $450/month (month-to-month).



Whether you choose to occupy, rent, or explore redevelopment opportunities, this bungalow is brimming with potential. Subsidize your mortgage with rental income or transform this property into your dream home.



Don't miss this opportunity to own a piece of prime Norman real estate! Schedule your showing today.


This amazing property can be purchased individually or together with MLS listing 1146527, offering an incredible opportunity to own two versatile, income-producing properties in a prime location.

1146530

MLS ID

December 12, 2024

Listed

December 12, 2024

Updated

Map

315 S Lahoma Avenue
Norman OK, 73069

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

1


Full Bathrooms

1


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Gas

Exterior/Building Features

Lot Size

0.12 Acres


Exterior Features

Patio


Architectual Style

Bungalow


Roof

Composition

School Information

School District

Norman


High School

Norman HS


Elementary School

Mckinley ES

Other Property Details

Taxes

$1,631


Tax Frequency

Annually


Association Fee Frequency

Yearly


Garage

No


Parking

No Garage


View

No


County

Cleveland


Pool

No


Pool Features

None

The information provided is believed to be accurate but is not guaranteed and is subject to verification by all parties. It is intended for consumers' personal, non-commercial use and should not be used for any other purpose than to identify prospective properties for purchase. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual, and/or purpose without the express written permission of MLSOK, Inc. The IDX display contains information sourced from MLSOK, Inc. as of 12/12/2024. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. Information last updated on 12/12/2024.

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