807 W Oklahoma Ave Okeene, OK 73763
Estimated payment $3,461/month
About This Home
This is a 24 Unit Apartment Property. There are 23 Efficiency Apartments and one 2 Bedroom-2 Bath Apartment. The latter would be ideal for an onsite Property Manager. The Rehab of the 23 Units has begun but most are not completed. The ones that are completed have wood tile flooring, kitchen area, new stove, new microwave, etc. The ones that are not completed have the majority of the needed appliances and supplies on site to complete the project. This property was operated as a Motel in years past. This has an opportunity to have an excellent cash flow and cap rate.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 1.11 Acre Lot
- Corner Lot
Home Design
- Slab Foundation
- Brick Frame
- Composition Roof
Interior Spaces
- 10,572 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 25 Bedrooms
- 25 Full Bathrooms
Schools
- Okeene Elementary School
- Okeene Jr-Sr Middle School
- Okeene Jr-Sr High School
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $491 | $6,063 | $2,881 | $3,182 |
| 2024 | $491 | $5,775 | $2,744 | $3,031 |
| 2023 | $468 | $5,500 | $2,736 | $2,764 |
| 2022 | $474 | $5,500 | $2,736 | $2,764 |
| 2021 | $501 | $5,500 | $2,736 | $2,764 |
| 2020 | $1,641 | $19,012 | $3,322 | $15,690 |
| 2019 | $1,902 | $21,417 | $3,322 | $18,095 |
| 2018 | $1,605 | $21,179 | $3,010 | $18,169 |
| 2017 | $1,529 | $20,171 | $1,872 | $18,299 |
| 2016 | $1,433 | $19,210 | $1,872 | $17,338 |
| 2015 | $1,518 | $18,296 | $1,872 | $16,424 |
| 2014 | $1,568 | $18,296 | $1,872 | $16,424 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2025 12/17/25 | For Sale | $650,000 | -- | $61 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $53,000 | Future Advance Clause Open End Mortgage |
About the Listing Agent
I'm an expert real estate agent with eXp Realty in Oklahoma City, OK and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Rick's Other Listings
Source: MLSOK
MLS Number: 1206272
APN: 0090-00-001-001-0-000-00
- 103 N Hickory St
- 419 Elma
- 102 N Oak St
- 415 W Broadway St
- 221 S Main St
- 422 N Main St
- 680 N 2600 Rd Unit E
- 78 N 2690 Rd
- 154 E 650 Rd
- 0 SW (W 4) Sec 12 T18n-R10 Wim Unit 20241747
- NORTH 2650 E 690 Rd
- 0000 N 2650 Rd
- 0 E 700 Dr Unit 2548783
- 268267 Lakeview Dr
- 120 S Ken Miller Ave
- 250611 E 590 Rd
- 61744 N 2490 Rd
- 103 Cardinal Cir
- 214 Vona St
- 301 W Locust St