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10-Unit Multifamily Apartment Building

118 W 18th Ada, OK 74820

New
118 W 18th, Ada, OK, 74820
$250,000
For Sale
$250,000

Ten 1-bedroom, 1-bath units with landlord-paid utilities, offering streamlined operations in a single building.

Property Size6,148 SF
Price / SF$40.66
Days on Market2

Property Features for 118 W 18th

General Information

Standard status
Active
Size
6,148 SF

Building Details

Year Built
1950
Listing agency Mary Terry & Associates Real E
Listed by Tyler Thompson
Source Initialpointrealtyok
Added: Jul 20 Updated: Jul 21 at 4:54AM Checked: Jul 21 at 4:54AM

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 Mary Terry & Associates Real E


Investment Insights

Based on property information with market context.

This 10-unit multifamily apartment building is configured with ten 1-bedroom, 1-bath units. The layout is described as efficient and designed for ease of management and leasing, and the property is maintained as multiple doors under one roof.

Current rents are reported to range from $450 to $775 per month, providing an established income base. The seller’s remarks also note that all utilities are paid by the landlord, which can help keep day-to-day operating expenses more predictable for ownership.

Located at 118 W 18th in Ada, Oklahoma, the property offers an investor-friendly setup for those looking to add a small-scale multifamily asset to an existing portfolio.

Key Highlights

  • 10‑unit multifamily building built in 1950
  • Unit mix: ten 1‑bedroom, 1‑bath apartments
  • Current rents are $450–$775 per month

Property Analytics

Location Intelligence

Current Use by Public Records

580 Rentals Real Estate Agency

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store HVAC Service Food Market Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Tech Support Center Acupuncture Skin Care Clinic

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

FAQs

What type of property is this?
Apartment building - Ten 1-bedroom, 1-bath units with landlord-paid utilities, offering streamlined operations in a single building.
Where is this apartment building located?
The property is located at 118 W 18th Ada, OK.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 10‑unit multifamily building built in 1950; Unit mix: ten 1‑bedroom, 1‑bath apartments; Current rents are $450–$775 per month
Contact an agent
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