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Quadplex with Separate Building
For Sale
$275,000

118 Morgan Street, Tahlequah, OK 74464

Three apartments are leased, alongside an additional unfinished structure with potential for renovation.

Property Size6,185 SF
Price / SF$44.46
Days on Market8

Property Features for 118 Morgan Street

General Information

Standard status Active
Size 6,185 SF

Additional Details

Multifamily Units 4
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,699

Building Details

Buildings 2
Listing Agency: The Shockley Group
Listed By: Tyler Shockley · License #170941
Source: Exprealty
Added: Oct 19 Changed: Oct 25 Last Checked: Oct 26 at 4:43PM

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 The Shockley Group

Rey
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Investment Insights

Based on property information with market context.

The property includes a four-unit apartment building, with three units leased and updated. A separate unfinished building offers space for renovation, with possible use for additional rental housing, office space, or another purpose.

Located in downtown Tahlequah at 118 Morgan Street, the property is next to The Franklin Castle Event Venue. Northeastern State University is minutes away, and local shopping, dining, and entertainment are within walking distance. The buildings have multiple access points and are separated from one another.

Key Highlights

  • Four‑unit apartment building with three leased, updated units
  • Separate unfinished building with potential for renovation
  • Located next to The Franklin Castle Event Venue in downtown Tahlequah

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

Demographics for 74464, OK

31,256
Population
13,502
Households
2.3
Avg Household Size
34
Median Age
32%
College-Educated
90%
High-School Grad
253.8 sq mi
ZIP Area
123
Density / Sq Mi
$51,362
Median Household Income
$33,439
Median Earnings
$793
Median Rent
$169,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Three apartments are leased, alongside an additional unfinished structure with potential for renovation.
Where is this quadplex located?
The property is located at 118 Morgan Street Tahlequah, OK.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Four‑unit apartment building with three leased, updated units; Separate unfinished building with potential for renovation; Located next to The Franklin Castle Event Venue in downtown Tahlequah
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