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Leased 8-Unit Apartment Building
For Sale
$495,000

213 Wheatland Drive, Fairview, OK 73737

Residential Income, Fairview, OK

Property Size5,922 SF
Lot Size0.66 Acres
Price / SF$83.59
Days on Market78

Property Features for 213 Wheatland Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 3, Bathroom 2, Bathroom 7, Bathroom 4, Bathroom 5, Bathroom 1, Bathroom 6, Bathroom 8
Parking 16
Lot features Interior Lot
Elementary school Cornelsen ES
Middle school Chamberlain MS
High school Fairview HS
Elementary school district Fairview
Middle school district Fairview
High school district Fairview
Directions East State Highway 58 and Wheatland Drive. North on Wheatland Dr to property.
Standard status Active
APN 213NONEWheatland73737
Size 5,922 SF
Lot size 0.66 Acres

Building Details

Year built 2009
Floors in Building 2
Building materials Brick
Roof type Composition
Architectural style Other
Listing Agency: Keller Williams Summit · Keller Williams Realty
Listed By: Christy Hawkins
Added: Jun 8 Changed: Aug 21 Last Checked: Aug 24 at 9:06AM
MLS# 1233490

Copyright © 2026 MLSOK, Inc. 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.

This 8-unit apartment property contains 5,922 square feet on a 0.6612-acre parcel in Fairview, Oklahoma. Built in 2009, the building uses brick construction with a composition roof and includes eight bathrooms. All units are currently leased, providing an established occupancy profile for the asset.

The property is located at 213 Wheatland Drive in Fairview, within Major County and ZIP Code 73737. A reported 9.08% Cap Rate adds a defined operating metric for evaluating the offering.

Key Highlights

  • 8‑unit apartment property with 5,922 square feet
  • Fully leased apartment building
  • 9.08% Cap Rate

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Hair Salon Garden Center Spa & Massage Center

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 73737, OK

3,525
Population
1,842
Households
1.9
Avg Household Size
40
Median Age
16%
College-Educated
90%
High-School Grad
263.6 sq mi
ZIP Area
13
Density / Sq Mi
$63,523
Median Household Income
$36,265
Median Earnings
$615
Median Rent
$138,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Brick construction and a composition roof support a straightforward multifamily profile.
Where is this apartment building located?
The property is located at 213 Wheatland Drive Fairview, OK.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 8‑unit apartment property with 5,922 square feet; Fully leased apartment building; 9.08% Cap Rate
More about this property
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