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Historic 14-Unit Apartment Building
For Sale
$80,000

202 N Mt Washington, Ardmore, OK 73401

Three-story, 14-unit income property built in 1953, offered for sale with redevelopment potential.

Property Size12,811 SF
Price / SF$6.24
Days on Market129

Property Features for 202 N Mt Washington

General Information

Standard status Active
Size 12,811 SF

Additional Details

Multifamily Units 14

Building Details

Year Built 1953
Stories 3
Tenancy Multi
Listing Agency: Tim Longest Realty
Listed By: Timothy C. Longest · License #178369
Source: Initialpointrealtyok
Added: Jun 16 Changed: Oct 10 Last Checked: Oct 7 at 3:15PM

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 Tim Longest Realty

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Investment Insights

Based on property information with market context.

This three-story apartment building contains 14 units and is identified in public records as a 14-unit multifamily property. The building was constructed in 1953 and is presented as the “Belvedere,” a locally recognized structure. With 12,811 in property size (as listed), the asset is positioned for buyers interested in restoring and repositioning an older apartment building.

The property is located at 202 N Mt Washington in Ardmore, Oklahoma, with the seller describing it as situated in the heart of downtown. As a downtown apartment building, it offers an owner the ability to manage or plan around a compact, multi-unit configuration in an established commercial core.

For investors or operators seeking a hands-on acquisition, this 14-unit structure provides a single-building footprint for management, renovation planning, and tenant-ready improvements, subject to inspection and due diligence. Because the listing frames the offering as a redevelopment opportunity, prospective buyers should verify building condition, unit layouts, and any rehabilitation scope before proceeding.

Key Highlights

  • Three‑story apartment building built in 1953
  • Public records identify the property as a 14‑unit apartment building
  • Offered for sale as a redevelopment opportunity

Property Analytics

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Lease Details

14
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 73401, OK

36,744
Population
16,349
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
88%
High-School Grad
351.5 sq mi
ZIP Area
105
Density / Sq Mi
$60,288
Median Household Income
$39,005
Median Earnings
$960
Median Rent
$174,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Three-story, 14-unit income property built in 1953, offered for sale with redevelopment potential.
Where is this apartment building located?
The property is located at 202 N Mt Washington Ardmore, OK.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Three‑story apartment building built in 1953; Public records identify the property as a 14‑unit apartment building; Offered for sale as a redevelopment opportunity
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