$6,876 Closing Credit¹
#1159739, Jared Wooten, Listing office: Keller Williams Realty Elite
$1,500,000 List price
506 SW 24th St Oklahoma City, OK 73109
$10,000
Closing credit¹
8 beds
8 full
4,326 sqft
$347 / sqft
Condo
Property details
About 506 SW 24th St
Don’t miss this excellent opportunity to own a well-maintained, consistently rented 8-unit apartment complex located just minutes from downtown. This multifamily property combines vintage charm with thoughtful, moderate updates that appeal to long-term tenants and investors alike. Each unit offers a comfortable, functional layout with updated kitchens, bathrooms, and flooring in select units, while preserving the classic architectural character of the building. The property has been regularly maintained, with recent improvements including upgraded systems and exterior enhancements, ensuring low ongoing maintenance costs. Ideal for both seasoned investors and those looking to start or expand a real estate portfolio, this property offers steady income in a high-demand rental area. With its unbeatable location and reliable performance, this is a rare find in today’s market.
Highlights
Home typeCondominium
StatusActive
CoolingWindow Unit(s)
Size4,326 sqft
Year built1930
ParkingGravel
MLS #1176217
Summary
- Full Bathrooms: 8
- Appliances: Refrigerator
- Fireplace: None
- Total Bedroom Count: 8
- Parking: Gravel
- Architectural Style: Traditional
- Cooling: Window Unit(s)
- List Price: $1,500,000
- Price/SqFt: $346
- Annual Tax Amount: $3,293
- Tax Year: 2023
- Lot: Interior Lot
- Directions: See GPS
- Year Built: 1930
- Stories: 2
- Living Area: 4,326 SqFt
- MLS Number: 1176217
- MLS Name: MLSOK
- Office Name: LRE Realty LLC
- Office Phone: (405) 285-5750
- Listing Agent: Stefani Riddles
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. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 12:59:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
506 SW 24th St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 20, 2023 | Home Sold | $430,000 |
| Jul 20, 2023 | Home Sold | $420,000 |
| Mar 10, 2022 | Home Sold | $147,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $27,830 | $3,293 |
| 2022 | $7,353 | $828 |
| 2021 | $7,003 | $828 |
| 2020 | $6,670 | $786 |
| 2019 | $6,352 | $684 |
| 2017 | $5,761 | $651 |
History based on county public records data.
Nearby schools
4
Adelaide Lee Elementary School
Public District PK-4
0.4 mi
•424 SW 29th St
4
Heronville Elementary School
Public District PK-4
1.0 mi
•1240 SW 29th St
3
Shidler Elementary School
Public District PK-4
1.3 mi
•1415 S Byers Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,368. The most common annual income of people living in Oklahoma City, OK is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
53%
<35k
45%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
13%
Single, with Kids
11%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing- UFC
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Popeyes
Golden Corral
Burger King
What do the neighbors drive?
Dodge
Kia
Buick
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 506 SW 24th St
The listing price of 506 SW 24th St property is $1,500,000.
The property 506 SW 24th St is a condo located in Oklahoma City, Oklahoma, 73109.
Active Listing: 506 SW 24th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 506 SW 24th St are: Adelaide Lee Elementary School (GreatSchools Rating 4/10), Heronville Elementary School (GreatSchools Rating 4/10), Shidler Elementary School (GreatSchools Rating 3/10), Capitol Hill Middle School (GreatSchools Rating 2/10), Wheeler Middle School (GreatSchools Rating 2/10), John Rex Charter Elementary School (GreatSchools Rating 7/10), Capitol Hill High School (GreatSchools Rating 1/10), Southeast High School (GreatSchools Rating 7/10), Grant High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $3,293 (source: MLS/based on county public records data).
The last sale was on July 20, 2023 for $430,000 (source: MLS/tax record).
The property at 506 SW 24th St has 8 bedrooms and 8 bathrooms.
The property 506 SW 24th St is 4,326 SqFt (source: MLS/tax record).
The year of construction for 506 SW 24th St is 1930.
This home is located at 506 SW 24th St in Oklahoma City, OK and zip code 73109 in the Central Oklahoma City neighborhood. This 4,326 square foot home was built in 1930. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $1,500,000.
In May 2025, from all listings sold in Oklahoma City, OK there were more than 154 sold above asking price, over 420 sold below and more than 315 were sold right at the asked price. The inventory of homes for sale in Oklahoma City, OK between April and May 2025 increased by 7%. While the average time on the market in May 2025 was 39 days, the median list price was $255,606.
From Rocket Homes Real Estate and based on county public records data.