4 months on rocket

3400 S Classen Blvd, Norman, OK, 73072

$795,000

Home List Price

$9,441*

Closing Credit

16 Bedrooms
5 Full Baths
5,566 SqFt
$143/SqFt
Multi

Location

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3400 S Classen Blvd, Norman$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAsphalt
Year Built1950
MLS #1122638
Lot Size1.47 Acres
StatusActive

About 3400 S Classen Blvd

A rare opportunity to own 5 rental homes on approx 1.47 acres of land currently zoned agricultural but should be able to be zoned commercial as the land to the North is C2 and the land to the South is C1. Walmart and many major developments are within 1 mile and this land has approx 250 feet of frontage on HW 9. All 5 homes are leased and are in pretty good shape and have been generally updated. Collect rent while you plan a commercial rezoning/development or resale. One home is leased at way below market rent to a company employee. Room for rate increases on most of the leases. Listing broker is an owner of the company that owns this property with real estate license #071687. The assessor has the address as 101-105 Home Account #: 22341 / Parcel ID: NC29 8 2W 9017

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1
  • Living Area: 5,566 SqFt

Listing Office:

  • Office Name: RJH Realty Investments
  • Office Phone: (405) 364-4801
  • Listing Agent: Rudy Hymer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 16

Exterior Features

Parking Information:

  • Parking: Asphalt

Virtual/3D Tour

  • Virtual Tour: 3400 S Classen Blvd
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Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 1.47 Acres

Other

Directions Information:

  • Directions: From HW 9 and Classen, Go South on Classen(HW 77)...it is a group of homes on the West side right before you get to Cedar Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $143/SqFt
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Housing Market Comparison

See how this home compares to others in Norman, OK.

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Norman, OK

City

Med. Sold Price

$274.9K

Med. Price/SqFt

$158

Avg. Days On Market

45

# of Sold Homes

110

3400 S Classen Blvd vs Norman

142 DAYS ON ROCKET

+97 Days

$795,000

+$520K More

$143/SqFt

-$15 Less

KEY TAKEAWAY

This property is $520K more than the Median Sold Price and $15/SqFt less than other homes in Norman, OK.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLSGATEWAY
  • MLS Number: #1122638

Listing Office:

  • Office Name: RJH Realty Investments
  • Office Phone: (405) 364-4801
  • Listing Agent: Rudy Hymer

IDX Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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.

Nearby Schools

school-card-donut-499304
6
/10

  • Reagan Elementary School

  • 1601 24th Ave SE

  • 1.59 miles

  • Public District Grades PK-5

school-card-donut-499305
7
/10

  • Madison Elementary School

  • 500 James Dr

  • 1.95 miles

  • Public District Grades PK-5

school-card-donut-499306
3
/10

  • Kennedy Elementary School

  • 621 Sunrise St

  • 2.34 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,603. Typical income of Norman, OK residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Norman, OK

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Norman, OK?

The housing landscape in Norman, Oklahoma, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes often feature traditional and ranch-style designs, reflecting the region's historical roots and contemporary preferences. The market also includes a selection of apartments and townhouses, providing options for various lifestyles and family sizes. The construction of homes in Norman spans several decades, with a notable number of properties built in the latter half of the 20th century.

Is Norman, OK a good place to live?

Norman prides itself on being a vibrant community with a strong sense of local culture and history. It is celebrated for its annual events, such as the Norman Music Festival and the Medieval Fair, which draw visitors from across the state and contribute to the city's lively atmosphere. The community's character is further defined by its commitment to the arts, education, and sports, largely influenced by the presence of the University of Oklahoma.

Are things conveniently located in Norman, OK?

Norman offers a comprehensive array of services to its residents. The educational system includes numerous public and private schools, catering to the needs of families and emphasizing academic excellence. Healthcare is well-supported with several hospitals and clinics providing a range of services from primary care to specialized treatments. The city also features a robust public library system and a variety of retail and dining options that showcase local flavors and craftsmanship. City initiatives are continually in place to adapt and improve these services to meet the evolving needs of the community.

What does the transportation in Norman, OK look like?

Transportation in Norman is facilitated by a network of roads and highways, including State Highway 9 and Interstate 35, which provide convenient access for commuting and travel. Public transit options are available, with bus services connecting key areas of the city. The community is increasingly focusing on enhancing walkability and bikeability, particularly around the university and downtown areas. Ride-sharing services are also operational in Norman, complementing the existing transportation infrastructure.

Rocket Homes›Oklahoma›Cleveland County›Norman›73072›3400 S Classen Blvd

This home is located at 3400 S Classen Blvd in Norman, OK and zip code 73072. This 5,566 square foot home, which was built in 1950, sits on a 1.47 acre lot. Features: 16 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $795,000.

While more than 11 listings in Norman, OK in October 2024 were sold above asking price, there were more than 24 listings sold at asking price, and more than 75 were sold below. The number of homes for sale in Norman, OK increased by 2.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $274,991, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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