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New Apartment Building in Krebs
For Sale
$1,470,000

270 NW Electric Avenue, Krebs, OK 74501

COMMERCIAL - Krebs, OK

Property Size9,282 SF
Lot Size1.09 Acres
Price / SF$158.37
Days on Market179

Property Features for 270 NW Electric Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Property condition Under Construction
Zoning R3
Parking features Off Street
Interior features 9' Ceiling Height
Exterior features Dumpster, Lighting
Elementary school district Krebs - Sch Dist (G6)
Middle school district Krebs - Sch Dist (G6)
High school district Krebs - Sch Dist (G6)
Directions From Highway 69 and Electric, Go East approx. 3/4 mile and they are on the North side of the road.
Standard status Active
APN 1700-00-144-011-0-011-00
Size 9,282 SF
Lot size 1.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 11 BLK 144 NORTH & WEST ADDITION TO KREBS
Legal Description LOT 11 BLK 144 NORTH & WEST ADDITION TO KREBS

Utilities

Utilities Water Available
Heating system Central, Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 2025
Floors in Building 1
Flooring type Vinyl
Building materials Frame
Roof type Composition
Listing Agency: Homecoin.com
Listed By: Jonathan Minerick · License #01523060
Added: Feb 25 Changed: Aug 5 Last Checked: Aug 23 at 5:06PM
MLS# 2606345

Copyright © 2026 MLS Technology, 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 is a new 9-unit apartment building located in Krebs, Oklahoma. The property is zoned R3 and situated on a 1.088-acre lot. Each unit features 2 bedrooms and 2 bathrooms. The building's occupancy certificate from the State Fire Marshall office was finalized in November 2025. The total property size is 9,282 square feet.

Key Highlights

  • New 9‑unit apartment building under construction, built in 2025
  • Occupancy certificate issued by the State Fire Marshall office
  • Estimated completion: finished November 2025 (per public remarks)

Property Analytics

Current Use

Apartment buildings

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 74501, OK

28,566
Population
13,223
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
550.7 sq mi
ZIP Area
52
Density / Sq Mi
$55,430
Median Household Income
$38,814
Median Earnings
$907
Median Rent
$156,500
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 - New 9-unit apartment building completed in Krebs, Oklahoma.
Where is this apartment building located?
The property is located at 270 NW Electric Avenue Krebs, OK.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: New 9‑unit apartment building under construction, built in 2025; Occupancy certificate issued by the State Fire Marshall office; Estimated completion: finished November 2025 (per public remarks)
More about this property
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