Investor Alert! Don't miss this fully occupied, income-producing fourplex offering immediate cash flow with built-in value-add potential. Currently generating $2,850 per month (approximately $34,200 annually), this well-maintained property features four 2-bedroom, 1-bath apartments with stable tenants and professional management already in place. Beyond the existing income, this property offers tremendous upside. A large detached shop with an overhead door provides opportunities for storage, contractor use, workshop space, or future rental income. The center bonus room/office could potentially be converted into an office, studio apartment, or additional rental space (buyer to verify). None of this potential income is reflected in the current rental revenue. Property features include approximately 2,880 square feet (Court House), built in 2001, separate electric and water meters, central heat and air, composition shingle roof, slab foundation, and one-story construction. Whether you're expanding your portfolio or purchasing your first investment property, this is a rare opportunity to own a turnkey asset with immediate income and room to grow. Property is professionally managed by Property Management Solutions, allowing for a seamless transition after closing. Schedule your showing today and discover the income potential this property has to offer!
| MLS # | 2627045 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 42 |
| Listing Provided By | Southern Oklahoma Realty | Keely Jackson |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 2,800 |
| Story(s) | 1 |
| Acreage | 0.16 |
| Lot Features | Corner Lot |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 876 |
|---|
| State | OK |
|---|---|
| County | Murray |
| City | Davis |
| Zip Code | 73030 |
| Community Name | Davis Add I |
| Listing VS Median (in Davis Add I) | |
Price: $319,900 low | high Med: $250,700 sqft: 2,800 low | high Med: 2,068 $ / sqft: $114 low | high Med: $125 On site: 42 low | high Med: 70 | |
| State | OK |
|---|---|
| County | Murray |
| City | Davis |
| Zip Code | 73030 |
| Community Name | Davis Add I |
| Listing VS Median (in Davis Add I) | |
Price: $319,900 low | high Med: $250,700 sqft: 2,800 low | high Med: 2,068 $ / sqft: $114 low | high Med: $125 On site: 42 low | high Med: 70 | |