$10,000

closing credit¹

1311 Glen Oaks Ct Norman, OK 73071

$2,450,000
40 beds
20 full
15,950 sqft
0.2 acres
$154 / sqft
Multi-Family

Property details

About 1311 Glen Oaks Ct

This is a wonderful opportunity to own 5 remodeled 4-plexes with 20 2 bedroom, 1 bath units. This includes 1311 Glen Oaks Ct, 1315 Glen Oaks Ct(Assessor #R0094128), 1319 Glen Oaks Ct(assessor # R0094129), 1325 Glen Oaks Ct(assessor #R0094131) and 1331 Glen Oaks Ct(assessor #R0094136). Only one unit vacant at the moment. 2024 was a transition year getting rid of any problems and raising the rents some. Rents are still under market so there is much upside. Each 4 plex has it's own water meter for the 4 units. We have been paying the water but have been transitioning into charging the tenants $50 per month for this. We reduced some rents on units we recently leased but added the water charge. These units have been totally remodeled in the last few years with newer class 4 hail resistant roofs, vinyl siding, new windows and doors, remodeled bathrooms and kitchens. Most have newer ch/a and hot water tanks. The parking lot was resurfaced in the last few years and the concrete around the buildings replaced. No deferred maintenance here. Listing broker is an owner of the company that owns these units with real estate license #071687. Owner will consider owner financing subject to a credit application review. General terms would require 20% down at 6.5% for up to 30 years with an 8 year balloon. Do not disturb tenants. Only one vacant so that is the unit that will be shown until there is an accepted contract. I do have marketing videos of most of the units..available upon request. '

Highlights

Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size15,950 sqft
Lot size0.16 Acres
Year built1982
ParkingAsphalt
MLS #1098269

Virtual tour

Summary

  • MLS Number: 1098269
  • MLS Name: MLSOK
  • Office Name: RJH Realty Investments
  • Office Phone: (405) 364-4801
  • Listing Agent: Rudy Hymer

IDX Copyright© 2025 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: 2/13/2025, 10:14:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house featuring a yard and a patio

$2,450,000

1311 Glen Oaks Ct

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 02, 2015
Home Sold
$437,500

Tax history

YearAssessmentProperty Tax
2023$8,035$965
2022$7,652$882
2021$7,652$882
2020$7,652$930
2019$7,653$897
2018$7,653$907
2017$7,653$922

History based on county public records data.

Nearby schools

7

Reagan Elementary School

Public District PK-5

0.3 mi

1601 24th Ave SE

4

Kennedy Elementary School

Public District PK-5

0.9 mi

621 Sunrise St

7

Madison Elementary School

Public District PK-5

1.6 mi

500 James Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,145. Residents of Norman, OK typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

42%
<35k
53%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
7%
12-17 yrs old
38%
18-34 yrs old
29%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Norman, OK

About 1311 Glen Oaks Ct

This home is located at 1311 Glen Oaks Ct in Norman, OK and zip code 73071. This 15,950 square foot home, which was built in 1982, sits on a 0.16 acre lot. Features: 40 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $2,450,000.

In January 2025 more than 8 listings in Norman, OK were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 46 were sold below. The inventory of homes for sale in Norman, OK between December and January 2025 increased by 4.9%. Listings spent 48 days on the market in January 2025, and had a median list price of $277,922 during the same period.

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

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