This property, I am told is zoned R-1, but has been rented as a duplex for a long time. The value is not in the duplex or its income but rather in the location and lot. Check with the City of Norman to see what the potential might be for a teardown and build back new or perhaps a new rental unit of some sort. Potential is up to the buyer and the City of Norman. The seller filled out a Disclosure but has never lived in the property and therefore may not have comprehensive knowledge of potential defects. The property is being sold "as is, where is" and buyer should carry out their due diligence prior to making an offer.
