Building Details

Year Built 1950

Listing Agency: Keller Williams Advantage

Listed By: Alicia Swartz · License #171997 Show Phone

Source: Alloverok

Added: Aug 25 Changed: Oct 11 Last Checked: Oct 7 at 1:33PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Advantage

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises approximately 41 rental doors across multiple investment properties. One property includes both commercial and residential components, adding a mixed-use element to the offering.

The properties are marketed individually but are preferred to transfer together as one package. Tenant access is managed by appointment, with showings and inspections subject to seller requirements, including an accepted offer and/or proof of funds. Additional financial and property information is available to qualified buyers upon request.

Key Highlights

• Approximately 41 rental doors across multiple properties
• One property combines commercial and residential uses
• Properties are listed separately but preferred for sale as one package

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,167

Cap Rate

6.29%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$503,340 $503.3K

Cap Rate 7%

$359,529 $359.5K

Cap Rate 9%

$279,633 $279.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,218 SF

Gross rent

$49.1K $11.64/SF

− Vacancy

−$3.3K −$0.79/SF

EGI

$45.8K $10.85/SF

− OpEx

−$20.6K −$4.88/SF

NOI

$25.2K $5.97/SF

Area

Muskogee County, OK

Vacancy

6.80%

Lease Rate

$11.64 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$503,340

Cap Rate 7%

$359,529

Cap Rate 9%

$279,633

Alternative Uses

Best Use

Apartment 5plus

$359.5K

$314.6K – $419.5K (±1% cap)

NOI $25,167 @ 7.0% cap · market cap 6.29%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$882.9K

$772.5K – $1.03M (±1% cap)

NOI $61,801 @ 7.0% cap · market cap 15.45%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Parking Lot & Garage Storage Facility Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

728

Businesses Nearby

Explore this area Business Placement

Demographics for 74401, OK

16,181

Population

7,818

Households

2.1

Avg Household Size

40

Median Age

16%

College-Educated

85%

High-School Grad

110.9 sq mi

ZIP Area

146

Density / Sq Mi

$39,767

Median Household Income

$32,700

Median Earnings

$827

Median Rent

$122,300

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Similar For Sale Nearby

See more

41-Door Multifamily Portfolio

520 E Okmulgee Street, Muskogee, OK 74403

$400,000

5,000 SF

View details

Four-Bedroom Multifamily Property

515 Dayton Street, Muskogee, OK 74403

$350,000

3,192 SF

View details

Office Building with Storage

1001 W Broadway St, Muskogee, OK 74401

$335,000

4,640 SF

View details

Medical Office Building with Treatment Rooms

2602 Chandler Road, Muskogee, OK 74403

$495,000

3,736 SF

View details

NNN-Leased Restaurant Property

3030 W Okmulgee, Muskogee, OK 74401

$1,200,000

3,913 SF

View details

Remodeled Flex Space with Shop

1907 N 11th Street, Muskogee, OK 74401

$517,500

5,758 SF

View details

Automotive Service Shop with Drive-Through Bays

627 S 32nd St, Muskogee, OK 74401

$379,500

2,310 SF

View details

Retail Space with Major Frontage

1620 W Shawnee Bypass, Muskogee, OK 74401

$495,000

2,150 SF

View details

Two-Building Church Campus

2710 S Cherokee Drive, Muskogee, OK 74403

$495,000

8,902 SF

View details

Fenced Religious Facility with Kitchen

3900 Chandler Rd, Muskogee, OK 74403

$219,000

2,528 SF

View details

Corner Storefront with Display Windows

1119 W Okmulgee, Muskogee, OK 74401

$315,000

1,827 SF

View details

Two-Story Office Building

419 W Broadway Street, Muskogee, OK 74401

$485,000

11,546 SF

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - Portfolio includes approximately 41 rental doors, including a property combining commercial and residential uses.

Where is this multifamily property located?

The property is located at 112 S 10th St Muskogee, OK.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: Approximately 41 rental doors across multiple properties; One property combines commercial and residential uses; Properties are listed separately but preferred for sale as one package