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24-Unit Apartment Building with Two-Bedrooms
For Sale
$1,500,000

200 Folsom ST, Poteau, OK 74953

MULTI_FAMILY - Poteau, OK

Property Size19,296 SF
Lot Size1.29 Acres
Price / SF$77.74
Days on Market64

Property Features for 200 Folsom ST

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 48
Rooms Bedroom 12, Bedroom 3, Bedroom 20, Bedroom 37, Bedroom 7, Bedroom 15, Bedroom 42, Bedroom 36, Bedroom 46, Bedroom 2, Bedroom 6, Bedroom 24, Bedroom 41, Bedroom 31, Bedroom 16, Bedroom 11, Bedroom 32, Bedroom 44, Bedroom 47, Bedroom 8, Bedroom 30, Bedroom 48, Bedroom 5, Bedroom 13, Bedroom 4, Bedroom 33, Bedroom 29, Bedroom 21, Bedroom 43, Bedroom 27, Bedroom 38, Bedroom 35, Bedroom 18, Bedroom 22, Bedroom 23, Bedroom 10, Bedroom 34, Bedroom 40, Bedroom 17, Bedroom 25, Bedroom 19, Bedroom 39, Bedroom 9, Bedroom 14, Bedroom 26, Bedroom 28, Bedroom 45, Bedroom 1
Subdivision Poteau Main Town
Lot features In Subdivision
Elementary school Poteau
Middle school Poteau
High school Poteau
Elementary school district Poteau
Middle school district Poteau
High school district Poteau
Directions turn right on Pecan Ave from the office. Turn right on Mockingbird Ln then left on Sexton St. Turn right on Folsom and apartments are on your right
Standard status Active
APN Q001-00-051-000-0-003-00
Size 19,296 SF
Lot size 1.29 Acres

Taxes and HOA fees

Tax Description POTEAU BLK 51 LOTS 2 3 4 & 5 B1526 P33 B1796 P925 B1797 P590 B1826 P89 B1864 P539 B1920 P232.
Tax Annual Amount 7383
Legal Description POTEAU BLK 51 LOTS 2 3 4 & 5 B1526 P33 B1796 P925 B1797 P590 B1826 P89 B1864 P539 B1920 P232.

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1995
Floors in Building 2
Number of units 24
Flooring type Vinyl
Roof type Shingle
Listing Agency: Harmon Real Estate Company
Listed By: Joshua Harmon · License #PB00080746
Added: Jun 3 Changed: Aug 3 Last Checked: Aug 5 at 2:06AM
MLS# 1089500

Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Serenity Heights is a 24-unit apartment building offering uniform two-bedroom, one-bath units. The property totals 19,430 SF on a 1.2856-acre site at 200 Folsom Street in Poteau, OK, and was built in 1995. Common finishes include vinyl flooring, with central heating and central air conditioning throughout. The roof was replaced in 2025, and repairs are complete.

The building is reported at 95.8% leased. Lease-driven continuity is supported by 2025–2026 leases signed on the property itself.

Poteau is the LeFlore County seat and is approximately 35 minutes from Fort Smith, AR via US 59/271. The stated renter pool is anchored by Eastern Oklahoma Medical Center, the Choctaw Nation’s regional health facilities, Walmart, OK Foods, and Carl Albert State College.

Key Highlights

  • 24 uniform two‑bedroom, one‑bath units
  • 19,430 SF total on a 1.2856‑acre site
  • 95.8% leased with 2025–2026 leases signed

Property Analytics

Current Use

Serenity Heights Apartment Complex

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Furniture & Home Goods Garden Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
95.8%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 74953, OK

12,113
Population
4,755
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
85%
High-School Grad
119.1 sq mi
ZIP Area
102
Density / Sq Mi
$54,625
Median Household Income
$34,280
Median Earnings
$796
Median Rent
$174,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building with 24 two-bedroom, one-bath units and a 95.8% leased rate.
Where is this apartment building located?
The property is located at 200 Folsom ST Poteau, OK.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 24 uniform two‑bedroom, one‑bath units; 19,430 SF total on a 1.2856‑acre site; 95.8% leased with 2025–2026 leases signed
More about this property
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