1

Jay, OK Multifamily Home for Sale

Section Image
  • /8

    $450,000

    • 10 Beds
    • 4 Baths
    • 3,425 Sq Ft

    402 N 4th St, Jay, OK 74346

    This corner lot investment property features four tenant occupied units across three buildings: two single family homes and one duplex. The duplex and one of the single family homes were constructed within the last two years. All units are currently occupied providing immediate cash flow for investors. Situated on a spacious corner lot, this multi-unit setup presents a rare opportunity to own a

    Dani Edwards Team W Real Estate, LLC

    402 N 4th St, Jay, OK 74346

Why Live in Jay

Jay, Oklahoma, is a small community with a population of around 2,400, known for its rural living and proximity to outdoor attractions. Named after Cherokee committee member Jay Washbourne, the town has a significant Native American population, making up about 40% of its residents. The area is historically agricultural but now attracts tourists due to its location near several lakes, including Grand Lake O’ The Cherokees, and the presence of America's Outdoor Adventure Park. Housing options in Jay range from manufactured and ranch-style homes to cabins and large modernist properties, with prices generally between $80,000 and $500,000. The town features larger lots with oak trees and minimal HOA activity. City Park serves as the main green space, offering sports courts, baseball diamonds, a playground, and a swimming pool. Nearby Lake Eucha and Grand Lake O’ The Cherokees provide ample opportunities for water sports, fishing, and camping. America's Outdoor Adventure Park offers ATV trails, dirt biking tracks, and hosts concerts. The annual Huckleberry Festival is a notable event, featuring carnival rides, food vendors, and a pie-baking contest. Jay Public Schools serve the community, with varying ratings for different school levels. Dining and shopping are centered along Main Street, with options like The J-Way, Jay Pho, and El Vallarta. The town is car-dependent, with U.S. Highway 59 providing access to the Will Rogers Turnpike, Northwest Arkansas National Airport, and Tulsa International Airport. Flooding and tornadoes are potential concerns, though tornadoes tend to weaken by the time they reach Jay.

Home Price Trends

Median Sale Price
$169,900
Median Single Family Sale Price
$182,000
Median 2 Bedroom Sale Price
$244,900
Average Price Per Sq Ft
$149
Number of Homes for Sale
18
Last 12 months Home Sales
10
Months of Supply
21.60
Median List Price
$198,890
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
3%
How to Buy a Home How to Finance a Home How to Sell a Home