$1,575,000
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803 E Florida Street Durant, OK 74701
Fourplex
Residence
15
Beds
12
Baths
...
Bed/Bath
3,488
Sq. Ft.
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Located just minutes from downtown Durant, this beautifully renovated residential property offers 12 rental units spread across four buildings: 1 duplex (1744 SDF, 2 triplexes (each 2616 SF), and 1 quadriplexd (3488 SF) for a total of 24 bedrooms and 12 baths. Situated on E. Florida St. and Holco...mb Ave., the properties are fully leased and have enjoyed minimal vacancy over time, with rents held steady since the renovations. Each unit features 2 bedrooms, 1 bathroom, a kitchen, living room, and bath, offering approximately 872 sq. ft. of living space. (NOTE: There are 12 units - there are 24 bedrooms.) These units are ideal for tenants seeking comfort and convenience, with proximity to local amenities, including Lake Texoma, Choctaw Casino, and the rapidly expanding city of Sherman. With a solid cap rate near 7.5%, this property is an excellent investment opportunity in a growing market. Durant is experiencing strong demand for rental properties, and rents are on the rise. This is the perfect time to invest and be part of the area's growth, driven by nearby developments like new chip plants in Sherman. Addresses include: East Florida St: 803, 805, 807, 809, 811, 813, 815, 817 Holcomb Ave: 201, 203, 205, 207 Don’t miss out—this property offers both immediate income and long-term potential.
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MLS#
2443958
Property Type
Fourplex
Bedrooms
15
Bathrooms
12 Full
Year Built
1983
Square Feet
3,488
sq. ft
Lot Size
1.29
Stories
1.0
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