About 312 Chalmette Street
Rare opportunity to purchase a package of 5 well maintained 4 plex buildings approximately 2 miles from the University of Oklahoma. Owner will consider owner financing with 25% down, upto a 30 year AM with a 7 year balloon payment. Interest rate of 5.75%. We do not do "creative financing" such as seller being in 2nd place, equity participation, terms that are not fully amoritized, etc. Listing broker is an owner of the selling LLC with real estate license #071687. Each building has 4 2 bedroom, 1 bath units with approximately 975 square feet. Each tenant pays their own utilities..total electric with City of Norman water/sewer/trash. The units feature all kitchen appliances, most have tiled bathrooms and ktichens, washer/dryer hookups, and each has a fireplace. Central heat and air. Many updates over the years including recent new class 4 hail resistant roofs and some have all new windows. Rents are below market so there is room for increased revenue. Don't disturb tenants. This listing includes 229 Chalmette( R0036639), 233 Chalmette(R0036638), 237 Chalmette(R0036637), 300 Chalmette(R0036626), and 312 Chalmette
Features of 312 Chalmette Street
| MLS® # | 1098224 |
|---|---|
| Price | $2,350,000 |
| Bedrooms | 40 |
| Bathrooms | 20.00 |
| Full Baths | 20 |
| Square Footage | 18,960 |
| Year Built | 1982 |
| Type | Residential Income |
| Sub-Type | More Than 4 Units |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 312 Chalmette Street |
|---|---|
| Subdivision | Jamestown Estates 3 |
| City | Norman |
| County | Cleveland |
| State | OK |
| Zip Code | 73071 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Water Heater |
|---|---|
| Heating | Electric |
| Cooling | Central Elec |
| Fireplace | Yes |
| # of Fireplaces | 20 |
| Fireplaces | Insert |
| # of Stories | 2 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Heavy Comp |
| Construction | Brick & Frame |
| Foundation | Slab |
School Information
| District | Norman |
|---|---|
| Elementary | Kennedy ES |
| Middle | Irving MS |
| High | Norman HS |
Additional Information
| Date Listed | July 23rd, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Rudy Hymer |
|---|---|
| Office | RJH Realty Investments |
| Contact Info | 405-364-4801 |
