1312 Commerce Dr
Norman, OK 73071
- 12 Beds
- 8 Baths
- 4,918 sqft (on 0.47 acres)
$589,800
as of Aug 24, 2026
$589,800
as of Aug 24, 2026
12 Beds
8 Baths
4,918 sqft
(on 0.47 acres)
Home Value
Trulia Estimate
$590KSince last month
Increased$6K (+1%)Since last year
Decreased$10K (-1.6%)Since last sale
Increased$144K (+32.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +41% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $590K |
| July 2026 | $584K |
| June 2026 | $598K |
| May 2026 | $595K |
| April 2026 | $597K |
| March 2026 | $602K |
| February 2026 | $598K |
| January 2026 | $584K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.63 | Multi-Family Home | $440,000 | 01/16/26 | 12 | 8 | 4,506 | |
0.63 | Multi-Family Home | $440,000 | 01/16/26 | 12 | 8 | 4,491 | |
0.63 | Multi-Family Home | $460,000 | 01/30/26 | 12 | 8 | 4,476 | |
0.28 | Multi-Family Home | $400,000 | 08/07/26 | 8 | 4 | 3,524 | |
0.07 | Multi-Family Home | $300,001 | 11/26/25 | 6 | 4 | 2,517 | |
0.07 | Multi-Family Home | $300,500 | 12/23/25 | 6 | 4 | 2,517 | |
0.04 | Multi-Family Home | $282,000 | 06/17/26 | 4 | 5 | 2,664 | |
1.17 | Multi-Family Home | $535,000 | 06/18/26 | 12 | 8 | 4,918 | |
1.20 | Multi-Family Home | $525,500 | 04/17/26 | 12 | 8 | 4,918 | |
0.97 | Multi-Family Home | $450,000 | 02/02/26 | 8 | 4 | 3,792 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $277,500 | 4 | 5 | 2,664 | Off Market | |
0.04 | $282,000 | 4 | 5 | 2,664 | Recently Sold | |
0.07 | $300,001 | 6 | 4 | 2,517 | Recently Sold | |
0.05 | $613,500 | 16 | 8 | 5,368 | Off Market | |
0.13 | $230,400 | 3 | 2 | 1,318 | Off Market | |
0.13 | $278,300 | 4 | 2 | 1,759 | Off Market | |
0.14 | $223,900 | 3 | 2 | 1,535 | Off Market | |
0.14 | $237,400 | 3 | 2 | 1,470 | Off Market | |
0.10 | - | - | - | - | Off Market | |
0.16 | $355,300 | 5 | 3.5 | 2,967 | Off Market | |
0.17 | $260,500 | 3 | 2 | 1,743 | Off Market | |
0.15 | $299,000 | 3 | 2 | 2,021 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
2004
Lot Size
0.47 acres
Living Area
4,918 sqft
Price/Sqft
$120
Parking
Garage
About this House
Great Investment Opportunity very close to The University of OklahomaLOCATION, LOCATION, LOCATIONClose to Shopping and DiningAlways LeasedOwner Currently Pays for Lawn Maintenance***DO NOT DISTURB TENANTS*** New Roofs 2016Vaulted Ceilings in Living room and MasterAttached 1 car garageEnclosed yard with small patioSplit Floor PlanEach Unit has 3 bedrooms, 2 Bathrooms, Washer and Dryer Connections in Units100% OccupiedTurn Key InvestmentTwo Duplexes, 2 units each -1310 & 1312, 1314 & 1316 This is a MULTI DUPLEX SALE Package PRICE IS $650K which Includes MLS #'s 925893 (4Units) AND MLS # 925894 (2 units) (total of 6 Units) DonĂ¢t miss out on the opportunity to Own an income producing property near the University of Oklahoma. Open Concept Living and Dining roomAppliances included: Refrigerator, Stove and Dishwasher9 Units are MONTH-MONTH , making these Units a very APPEALING TURN KEY Investment!!!
1312 Commerce Dr, Norman, OK 73071 is a 12 bedroom, 8 bathroom, 4,918 sqft multi-family built in 2004. It last sold for $446,000 on Jan 29, 2021. It is currently off market. The Trulia Estimate is $589,800, with a rent estimate of $1,236/month.
Home Details for 1312 Commerce Dr
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|---|
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 8 |
Appliances & Utilities DishwasherRefrigerator |
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Exterior Home Features Roof: CompositionExterior: BrickFoundation Type: OtherPatio |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 2004 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 4 |
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Lot Area: 0.47 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 29, 2021 Source: MLSOK/OKCMAR as distributed by MLS GRID #925893 | Sold | $446,000 |
Dec 7, 2020 Source: Agent Provided | Pending | $446,000 |
Sep 25, 2020 Source: Agent Provided | PriceChange | $446,000 Price decreased by 3% |
Sep 22, 2020 Source: Agent Provided | PendingToActive | $460,000 |
Sep 15, 2020 Source: Agent Provided | Pending | $460,000 |
Sep 1, 2020 Source: Agent Provided | Listed For Sale | $460,000 |
Feb 2, 2016 Source: N/A | Sold | $415,000 |
Jun 19, 2014 Source: Agent Provided | ListingRemoved | $420,000 |
May 3, 2014 Source: Agent Provided | Listed For Sale | $420,000 |
Dec 14, 2004 Source: N/A | Sold | $385,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,296 | $506,652 |
Home facts updated by county records
Market trends in Norman
Last updated July 2026
Avg. sale price
$268K
$4.67KMoM
Sale-to-List Price
98.7%
0.2%MoM
Price per sq ft
$161
$1MoM
Available listings
614
47MoM
Around this home
What Locals Say about Norman
At least 852 Trulia users voted on each feature.
90 % Say it's dog friendly
88 % Say car is needed
82 % Say parking is easy
80 % Say there are sidewalks
78 % Say yards are well-kept
72 % Say there's holiday spirit
69 % Say kids play outside
63 % Say it's quiet
63 % Say people would walk alone at night
57 % Say streets are well-lit
51 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
46 % Say it's walkable to grocery stores
42 % Say it's walkable to restaurants
37 % Say there's wildlife
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1312 Commerce Dr
- What is 1312 Commerce Dr estimated to be worth?Trulia's estimated value for 1312 Commerce Dr in Norman, OK is $589,800.
- What is the price history for 1312 Commerce Dr?1312 Commerce Dr in Norman, OK last sold for $446,000 in January 2021.
- Is Norman a buyer's or seller's market?Norman is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Norman?The median sale price in Norman is $268K. That is down $4.67K from the prior month.
- Does 1312 Commerce Dr have air conditioning?Yes, 1312 Commerce Dr in Norman, OK has air conditioning.

