200 Folsom St Poteau, OK 74953
Poteau AreaEstimated payment $8,891/month
Highlights
- 1.29 Acre Lot
- Central Heating and Cooling System
- Vinyl Flooring
- Poteau Primary Elementary School Rated A-
About This Home
Serenity Heights — 24 uniform two-bedroom/one-bath units totaling 19,430 SF at 200 Folsom Street, Poteau, OK. New 2025 roof, repairs complete, 95.8% leased. In-place rents sit below market, and the gap is backed by 2025–2026 leases signed on the property itself — clean operations-driven upside, not a renovation gamble. Poteau is the LeFlore County seat, 35 minutes from Fort Smith, AR via US 59/271. The renter pool is anchored by Eastern Oklahoma Medical Center, the Choctaw Nation's regional health facilities, Walmart, OK Foods, and Carl Albert State College. Population 9,300 and growing, with little competing new supply. Available standalone or alongside the other four properties in the Poteau Apartments Portfolio — 87 units across five individually-deeded communities, sold together or asset-by-asset.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,383
Year Built
- Built in 1995
Lot Details
- 1.29 Acre Lot
Home Design
- Slab Foundation
- Shingle Roof
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 19,296 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Electric Dryer Hookup
Parking
- Driveway
- Parking Lot
Schools
- Poteau Elementary And Middle School
- Poteau High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 2 / 51
- Assessor Parcel Number Q001-00-051-000-0-003-00
Community Details
Overview
- 24 Units
- Poteau Main Town Subdivision
Building Details
- Gross Income $196,425
- Net Operating Income $88,005
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,383 | $82,736 | $6,600 | $76,136 |
| 2024 | $7,043 | $78,796 | $6,600 | $72,196 |
| 2023 | $7,100 | $78,796 | $6,600 | $72,196 |
| 2022 | $7,052 | $78,796 | $6,600 | $72,196 |
| 2021 | $7,035 | $78,796 | $6,600 | $72,196 |
| 2020 | $7,435 | $82,956 | $6,600 | $76,356 |
| 2019 | $7,576 | $84,286 | $6,385 | $77,901 |
| 2018 | $6,847 | $80,272 | $3,955 | $76,317 |
| 2017 | $6,551 | $76,450 | $4,400 | $72,050 |
| 2016 | $6,493 | $76,450 | $4,400 | $72,050 |
| 2015 | $6,620 | $76,450 | $4,400 | $72,050 |
| 2014 | $6,005 | $68,750 | $3,300 | $65,450 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2026 06/03/26 | For Sale | $1,500,000 | +29.8% | $78 / Sq Ft | |
| 04/25/2025 04/25/25 | Sold | $1,155,800 | -11.0% | $59 / Sq Ft | View Prior Sale |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- | |
| 12/20/2024 12/20/24 | For Sale | $1,299,000 | 0.0% | $67 / Sq Ft | |
| 10/15/2024 10/15/24 | Pending | -- | -- | -- | |
| 09/06/2024 09/06/24 | For Sale | $1,299,000 | -- | $67 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $3,475,000 | None Listed On Document | |
| Warranty Deed | $1,025,000 | Old Republic National Title | |
| Warranty Deed | $695,000 | None Available | |
| Warranty Deed | $625,000 | None Available | |
| Special Warranty Deed | $4,200,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,640,000 | New Conventional | |
| Previous Owner | $2,640,000 | Construction | |
| Previous Owner | $130,379 | New Conventional | |
| Previous Owner | $811,000 | New Conventional | |
| Previous Owner | $717,600 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $420,000 | Future Advance Clause Open End Mortgage |
Source: Western River Valley Board of REALTORS®
MLS Number: 1089500
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Ask me questions while you tour the home.