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Lakefront Multi-Family Income Property

4 Grand Lake Drive Monkey Island, OK 74331

4 Grand Lake Drive, Monkey Island, OK, 74331
$849,900
Pending
For Sale
$849,900
Pending

MULTI_FAMILY - Monkey Island, OK

Lot Size1.20 Acres
Days on Market326

Property Features for 4 Grand Lake Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Standard status
Pending
APN
210021478
Lot size
1.20 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
PORT DUNCAN 2 REVISED PT LOTS 1 & 3 BLOCK 10 (AKA UNITS 5, 6, 7, & 8 OF T-6 OF TRACT A) 2438-467
Tax Annual Amount
6488

Utilities

Sewer type
Private Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air, Ceiling Fan(s)

Building Details

Year built
1983
Floors in Building
2
Number of units
6
Building materials
Frame
Listing Agency McGraw Realtors - Langley
1639 N 3rd St PO Box 820, Langley, OK
Listed by Jeff Horany
Added: Aug 27, 2025 Checked: Jul 18 at 8:06 am
MLS# 25-1885 Listing URL

Copyright © 2026 Northeast Oklahoma 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.

This for-sale multifamily property includes six currently leased units generating combined annual rental revenue. The configuration consists of a fourplex with four 2-bedroom, 2-bath units, and an additional duplex with one 2-bedroom, 2-bath unit and one 3-bedroom, 2-bath unit. Several upgrades are noted, including brand-new granite and carpet in the duplex unit(s). The offering also includes two additional lots for potential development or for building a lake property.

The property is described as located inside Port Duncan on Monkey Island, within Delaware County, Oklahoma. Parcel information provided includes multiple assessor account numbers totaling 1.2 acres overall. The listing notes that the four parcels are in the neighborhood but not currently part of the HOA.

Financial information is stated to be available to qualified buyers through the listing realtor, who is also the owner of the property.

Key Highlights

  • Investment property generating $68,000 annual revenue.
  • Includes 2 additional lots for further development or building a custom home.
  • Located inside Port Duncan on Monkey Island.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Building Supply Skin Care Clinic Restaurant Gym & Fitness Center Clothing & Fashion Store Bed & Breakfast Storage Facility Spa & Massage Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six leased units on Monkey Island provide current rental income, with two additional lots for future development.
Where is this apartment building located?
The property is located at 4 Grand Lake Drive Monkey Island, OK.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Investment property generating $68,000 annual revenue.; Includes 2 additional lots for further development or building a custom home.; Located inside Port Duncan on Monkey Island.
Contact an agent
More about this property
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