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Twelve-Unit Apartment Building

101 North AVE Poteau, OK 74953

101 North AVE, Poteau, OK, 74953
$700,000
For Sale
$700,000

MULTI_FAMILY - Poteau, OK

Property Size10,560 SF
Lot Size0.55 Acres
Price / SF$66.29
Days on Market47

Property Features for 101 North AVE

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Standard status
Active
APN
Q240-00-004-000-0-005-00
Size
10,560 SF
Lot size
0.55 Acres

Taxes and HOA fees

Tax Description
POTEAU LAKEVIEW ADD BLK 4 LOTS 10 THRU 13 B1491 P836 B1572 P98 B1955 P705& P706 B2022 P253 RIVIERA APTS.
Tax Annual Amount
2231

Utilities

Heating system
Baseboard
Cooling system
Window Unit(s)

Building Details

Year built
1960
Floors in Building
2
Number of units
12
Flooring type
Laminate, Vinyl
Roof type
Shingle
Listing Agency Harmon Real Estate Company
911 S May Avenue, Fort Smith, OK
Listed by Joshua Harmon · License #PB00080746
Added: Jun 3 Checked: Jul 19 at 8:06 am
MLS# 1089515 Listing URL

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.

Riviera is a fully occupied 12-unit apartment building offering a mix of one- and two-bedroom floor plans. Current ownership completed a new roof and new siding in 2025, addressing visible components of the building envelope. The property is leased to capacity, with all twelve units currently rented.

The building is located at 101 North Avenue in Poteau, Oklahoma, in LeFlore County. Poteau is the county seat and is about 35 minutes from Fort Smith, Arkansas via US 59/271. The surrounding renter base is described as anchored by Eastern Oklahoma Medical Center, the Choctaw Nation’s regional health facilities, Walmart, OK Foods, and Carl Albert State College.

For buyers seeking a smaller-asset entry point, the current leasing profile shows stepped rent performance, including 2026 leases signed at the top of the property’s rent range. With stable occupancy and recent exterior improvements already in place, the property presents a straightforward operational model supported by the current rent roll.

Key Highlights

  • 12‑unit multifamily at 101 North Avenue, Poteau, OK, with all 12 units leased
  • Unit mix includes 1‑bedroom and 2‑bedroom floor plans
  • New roof and new siding completed in 2025

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Riviera Apartments Apartment Building

Suggested Use

Dental Office Parking Lot & Garage HVAC Service Grocery & Convenience Store Garden Center Locksmith Electrical Service Daycare Center Kitchen & Bath Showroom Carpet & Flooring Store

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

FAQs

What type of property is this?
Apartment building - Fully leased 12-unit apartment property with updated roof and siding installed in 2025.
Where is this apartment building located?
The property is located at 101 North AVE Poteau, OK.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 12‑unit multifamily at 101 North Avenue, Poteau, OK, with all 12 units leased; Unit mix includes 1‑bedroom and 2‑bedroom floor plans; New roof and new siding completed in 2025
Contact an agent
More about this property
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