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3 Beds
3 Baths
1,392 sqft

$95,000

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

Price per sqft$68.25
Built in1976
Property size1,392 sqft
Property typeCondominium
Courtesy of LIME Realty, Lauren Durmus Listing Contact: (405) 367-5501

Overview

Active

Listed Oct 10, 2026

Updated 4h ago

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.

$632/mo

Est. mortgage payment based on a $95,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1253239

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$1,451
Tax Frequency
Annually
Association Fee Frequency
Yearly
Pool
Yes
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Listings courtesy of MLSOK, Inc. as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:07 AM UTC on 10/11/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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