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Income-Producing Multi-Structure Property
For Sale
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Pending

1161 State Highway 34C, Woodward, OK 73801

Multiple structures on 5 acres with income potential.

Property SizeContact for details
Lot Size5.00 Acres
Days on Market140

Property Features for 1161 State Highway 34C

General Information

Standard status Pending
Lot size 5.00 Acres
Property subtype Mixed Use
Listing Agency: Smith & Co Auction & Realty Inc
Listed By: Ira Smith · License #70869
Source: Crexi
Added: Apr 12 Changed: Aug 27 Last Checked: Aug 25 at 2:31PM

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 Smith & Co Auction & Realty Inc

Investment Insights

Based on property information with market context.

Located on 5 acres in Frontier Estates, this property features multiple structures with the potential to generate income. The primary residence is a 3-bedroom, 2-bathroom modular home in very good condition, featuring ample kitchen cabinets and a large master bedroom suite. It has central heat and air and is connected to city water. Complex H is a two-story building with four 2-bedroom, 1-bath apartments, each equipped with central heat and air. These all-electric units are on city water and have underground electric service, along with two septic tanks. Complex I includes three 1-bedroom, 1-bath apartments, each with central heat and air. These all-electric units are on city water and have underground electric service and a rocked parking area. Complex J contains three apartments under one roof: two units with 2 bedrooms and 1 bath, and one unit with 3 bedrooms and 1 bath. All units have newer central heat and air and are all-electric, with city water. The White House is a 3-bedroom, 1-bath unit with a kitchen and dining area, washer/dryer hook-ups, central heat and air, city water, and is all-electric. The property also includes a building that formerly operated as Mama Mias Restaurant, set among shade trees with a large rocked parking area, suitable for conversion to a home or business. Building B is a 1-bedroom, 1-bath apartment that is all-electric and on city water, with a window unit for heating and cooling. Building A is a 1-bedroom, 1-bath apartment with a loft, all-electric and on city water, using a window unit for heating and cooling. There is also a storage building with a concrete floor and an older 3-bedroom home currently used for tool and equipment storage.

Key Highlights

  • Potential for income generation from multiple rental units.
  • Primary 3‑bedroom, 2‑bathroom residence in very good condition features a large master suite.
  • Located on 5± acres in Frontier Estates, offering country‑style living minutes from town.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop

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

1
Businesses Nearby

Demographics for 73801, OK

15,671
Population
7,046
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
88%
High-School Grad
459.0 sq mi
ZIP Area
34
Density / Sq Mi
$65,454
Median Household Income
$37,832
Median Earnings
$842
Median Rent
$178,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multiple structures on 5 acres with income potential.
Where is this apartment building located?
The property is located at 1161 State Highway 34C Woodward, OK.
What are key features of this property?
This property features: Potential for income generation from multiple rental units.; Primary 3‑bedroom, 2‑bathroom residence in very good condition features a large master suite.; Located on 5± acres in Frontier Estates, offering country‑style living minutes from town.
(580) 334-6001 Call to check price and availability
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