10-Unit Multifamily Apartment
For Sale
$250,000
118 W 18th, Ada, OK 74820
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 Market48
Property Features for 118 W 18th
General Information
Standard status
Active
Size
6,148 SF
Additional Details
Multifamily Units
10
Building Details
Year Built
1950
Listing Agency:
Mary Terry & Associates Real E
Listed By:
Tyler Thompson · License #153806
(580) 332-8933
Source:
Initialpointrealtyok
Added: Jul 20
Changed: Aug 25
Last Checked: Sep 5 at 11:49AM
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.
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
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Explore this area
Business Placement
Demographics for 74820, OK
31,630
Population
14,372
Households
2.2
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
285.6 sq mi
ZIP Area
111
Density / Sq Mi
$62,359
Median Household Income
$42,128
Median Earnings
$882
Median Rent
$177,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
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
