24-Unit Apartment Building

For Sale

$1,500,000

Pending

200 Folsom ST, Poteau, OK 74953

Multifamily, Poteau, OK

Property Size19,296 SF

Lot Size1.29 Acres

Days on Market118

Property Features for 200 Folsom ST

General Information

Property type Residential Multi Family

Property subtype Apartment

Bedrooms 48

Rooms Bedroom 25, Bedroom 8, Bedroom 30, Bedroom 48, Bedroom 9, Bedroom 43, Bedroom 36, Bedroom 18, Bedroom 34, Bedroom 40, Bedroom 26, Bedroom 1, Bedroom 14, Bedroom 46, Bedroom 11, Bedroom 27, Bedroom 13, Bedroom 28, Bedroom 23, Bedroom 39, Bedroom 7, Bedroom 42, Bedroom 2, Bedroom 38, Bedroom 19, Bedroom 4, Bedroom 44, Bedroom 24, Bedroom 41, Bedroom 17, Bedroom 37, Bedroom 29, Bedroom 31, Bedroom 6, Bedroom 16, Bedroom 32, Bedroom 47, Bedroom 12, Bedroom 10, Bedroom 15, Bedroom 35, Bedroom 20, Bedroom 45, Bedroom 5, Bedroom 3, Bedroom 22, Bedroom 33, Bedroom 21

Subdivision Poteau Main Town

Lot features In Subdivision

Elementary school Poteau

Middle school Poteau

High school Poteau

Elementary school district Poteau

Middle school district Poteau

High school district Poteau

Directions turn right on Pecan Ave from the office. Turn right on Mockingbird Ln then left on Sexton St. Turn right on Folsom and apartments are on your right

Standard status Pending

APN Q001-00-051-000-0-003-00

Size 19,296 SF

Lot size 1.29 Acres

Taxes and HOA fees

Tax Description POTEAU BLK 51 LOTS 2 3 4 & 5 B1526 P33 B1796 P925 B1797 P590 B1826 P89 B1864 P539 B1920 P232.

Tax Annual Amount 7383

Legal Description POTEAU BLK 51 LOTS 2 3 4 & 5 B1526 P33 B1796 P925 B1797 P590 B1826 P89 B1864 P539 B1920 P232.

Utilities

Heating system Central

Cooling system Central Air

Building Details

Year built 1995

Floors in Building 2

Number of units 24

Flooring type Vinyl

Roof type Shingle

Listing Agency: Harmon Real Estate Company

Listed By: Joshua Harmon · License #PB00080746

Added: Jun 3 Changed: Sep 17 Last Checked: Sep 28 at 5:06AM

MLS# 1089500

Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Serenity Heights is a 24-unit apartment community with a consistent two-bedroom, one-bath layout. The property was built in 1995 and includes central heating, central air, and vinyl flooring. Repairs have been completed, and the shingle roof was replaced in 2025. Current leasing stands at 95.8%, with in-place rents below market and leases signed on the property supporting 2025-2026 occupancy.

The community is located at 200 Folsom Street in Poteau, the LeFlore County seat, approximately 35 minutes from Fort Smith, AR via US 59/271. The surrounding renter base includes employees connected to Eastern Oklahoma Medical Center, Choctaw Nation regional health facilities, Walmart, OK Foods, and Carl Albert State College.

The property may be acquired individually or with the other four communities in the Poteau Apartments Portfolio, comprising 87 units across five individually deeded properties.