1 Bed
1 Bath
504 SqFt
1 Bed
1 Bath
504 SqFt
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 504 sqft
Price per Sqft $1,140
MLS Listing ID OKC1252502
Style Ranch,Traditional
Bedrooms 1
Full Baths 1
Construction Status Brick
Year Built 1975
Acres 0.57
Property Sub-Type Apartment
Property Description
Excellent opportunity to add a 100% occupied multifamily property to your investment portfolio! Located at 404 S 23rd Street in Clinton, this 9-unit apartment property sits on a quiet cul-de-sac and offers an established rental history with additional income potential.
Each 1-bedroom, 1-bath unit features washer & dryer hookups and has been remodeled with updated paint and durable wood-look tile flooring—an attractive, low-maintenance finish designed with longevity in mind.
The property is currently fully rented with an average scheduled rent of approximately $637.50 per unit, generating approximately $68,850 in annual scheduled rental income. Estimated current market rent is approximately $655 per unit, providing additional potential for rental growth as leases renew or units turn over.
With all nine units currently occupied, updated interiors, durable finishes and room for rental growth, this is an attractive opportunity for an investor seeking an established, income-producing multifamily property in Clinton.
Location
State OK
County Custer
Interior
Heating Electric
Cooling Electric
Fireplace N
Exterior
Roof Type Composition
Building
Lot Description Cul-De-Sac
Story 1
Foundation Slab
Architectural Style Ranch, Traditional
Structure Type Brick
Construction Status Brick
Schools
Elementary Schools Nance Es, Southwest Es, Washington Es
Middle Schools Clinton Ms
High Schools Clinton Hs
School District Clinton
Nearby Locations
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