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315 S Lahoma AVE Norman, OK 73069
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Key Details
Sold Price $200,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,078 sqft
Price per Sqft $185
MLS Listing ID OKC1146530
Sold Date 01/09/25
Style Bungalow
Bedrooms 2
Full Baths 1
Construction Status Frame
Year Built 1922
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x140
Property Sub-Type Single Family Residence
Property Description
Adorable Bungalow in the Heart of Norman – Steps from OU & Main Street!
Nestled on charming Lahoma Avenue, this versatile bungalow offers the perfect blend of convenience, charm, and opportunity. Just walking distance from the University of Oklahoma campus and the vibrant downtown Main Street, you'll enjoy easy access to restaurants, bars, shopping, and nightlife.
Property Features:
• Two Units, Endless Possibilities:
• Front Unit: (315) 910 sq. ft. featuring 1 bedroom, 1 bath, living, dining, and kitchen spaces.
• Back Unit: (315 1/2) 168 sq. ft. studio with 1 bedroom, 1 bath, and kitchenette.
• Can easily be converted back to a 2-bedroom, 2-bath home.
• Recent updates:
• New roof (2022)
• Air conditioning system (2016)
• Water heater (2020)
Investment Potential:
This property is perfect as a primary residence or an income-producing investment:
• Front unit currently leased at $750/month (month-to-month).
• Back unit leased at $450/month (month-to-month).
Whether you choose to occupy, rent, or explore redevelopment opportunities, this bungalow is brimming with potential. Subsidize your mortgage with rental income or transform this property into your dream home.
Don't miss this opportunity to own a piece of prime Norman real estate! Schedule your showing today.
This amazing property can be purchased individually or together with MLS listing 1146527, offering an incredible opportunity to own two versatile, income-producing properties in a prime location.
Location
State OK
County Cleveland
Interior
Heating Central Gas
Cooling Central Electric
Fireplaces Type None
Fireplace Y
Exterior
Exterior Feature Patio - Open
Roof Type Composition
Private Pool false
Building
Lot Description Campus Area
Foundation Conventional
Architectural Style Bungalow
Level or Stories One
Structure Type Frame
Construction Status Frame
Schools
Elementary Schools Mckinley Es
Middle Schools Alcott Ms
High Schools Norman Hs
School District Norman
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+1(405) 784-6580 | will@willflanaganrealty.com