Welcome to this rare multifamily investment opportunity in El Reno! This well-maintained 4 Plex offers a unique combination of a 3/2 house at the front of the property and three apartments at the back. The apartments consist of two 1/1 units and one 2/1-bathroom unit, providing versatile rental options. The gross monthly rent is $2,575, which is in close proximity to the 1% rule. Ample parking space, an outdoor storm shelter, and a sizable lot add to the property's appeal! Tenants are responsible for all utilities as the units are individually metered. Seller pays for seasonal mowing. For a closer look at the interiors, videos of the units can be provided upon request in addition to it's financials! Showings must be coordinated at least 24 hours in advance.
Sold for $267,000 on 03/11/24
$267,000
1221 W London St, El Reno, OK 73036
7beds
--baths
2,760sqft
Quadruplex
Built in 1940
-- sqft lot
$281,700 Zestimate®
$97/sqft
$1,011 Estimated rent
Home value
$281,700
$259,000 - $304,000
$1,011/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 08, 2024 at 05:42pm
Listed by:
Max Vrana 713-444-5138,
Keller Williams Realty Mulinix
Bought with:
Leslie Denner, 184130
Cherrywood
Source: MLSOK/OKCMAR,MLS#: 1091015
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Interior area
- Total structure area: 2,760
- Total interior livable area: 2,760 sqft
Property
Features
- Stories: 2
Lot
- Size: 9,375 sqft
- Features: Corner Lot
Details
- Parcel number: 1221WLondon73036
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Frame
- Foundation: Combination
- Roof: Composition
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: El Reno
HOA & financial
Other financial information
- Total actual rent: 2675
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2024 | Sold | $267,000-2.9%$97/sqft |
Source:  MLSOK/OKCMAR #1091015 | ||
| 1/21/2024 | Pending sale | $275,000+44.7%$100/sqft |
Source: MLSOK/OKCMAR #1091015 | ||
| 1/11/2024 | Sold | $190,000-30.9%$69/sqft |
Source: Public Record | ||
| 12/12/2023 | Listed for sale | $275,000+566.7%$100/sqft |
Source: MLSOK/OKCMAR #1091015 | ||
| 7/20/2006 | Sold | $41,250$15/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,085 +3.3% | $19,781 +5% |
| 2023 | $2,018 +4.6% | $18,839 +5% |
| 2022 | $1,930 -1% | $17,942 +1.4% |
Find assessor info on the county website
Neighborhood: 73036
Nearby schools
GreatSchools rating
- 8/10Hillcrest Elementary SchoolGrades: PK-KDistance: 1 mi
- 5/10Etta Dale Junior High SchoolGrades: 7-8Distance: 0.8 mi
- 6/10El Reno High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Hillcrest ES
- Middle: Etta Dale JHS
- High: El Reno HS
Source: MLSOK/OKCMAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$281,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$281,700