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9-Unit Apartment Complex with Underground Bunker
For Sale
$200,000

25377 S Welling Road, Welling, OK 74471

COMMERCIAL - Welling, OK

Property Size2,460 SF
Lot Size15.00 Acres
Price / SF$81.30
Days on Market173

Property Features for 25377 S Welling Road

General Information

Property type Commercial Sale
Property subtype Apartment
Exterior features Sidewalk
Subdivision Cherokee Co Unplatted
Elementary school district Tenkiller/Keys - Sch Dist (C9)
Middle school district Tenkiller/Keys - Sch Dist (C9)
High school district Tenkiller/Keys - Sch Dist (C9)
Directions From Hwy 62/Hwy 82 junction, head East on Hwy 62 for 2.3 miles, turn right on S Welling Rd. (Speedy's), continue 10 miles.
Standard status Active
Size 2,460 SF
Lot size 15.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CHEROKEE CO T15N R23 S04 SW/4 Lt 1 & N/2 NW SE NE containing 15 Acres M/L
Tax Annual Amount 1529
Legal Description CHEROKEE CO T15N R23 S04 SW/4 Lt 1 & N/2 NW SE NE containing 15 Acres M/L

Utilities

Sewer type Septic Tank

Amenities

communal washer/dryer space
oversized underground bunker for storage

Building Details

Year built 1998
Roof type Metal
Listing Agency: C21/Wright Real Estate · Century 21 Real Estate
Listed By: Edna Kimble · License #142172
Added: Feb 16 Changed: Aug 4 Last Checked: Aug 8 at 8:06AM
MLS# 2605367

Copyright © 2026 MLS Technology, Inc. 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.

This 9-unit apartment complex built in 1998 includes nine 1-bedroom, 1-bath efficiency units. The property is positioned as a handyman’s fix-up with month-to-month tenants, offering flexibility for updates, improvement, and potential repositioning. On-site conveniences include a communal washer/dryer space, and an oversized underground bunker provides additional storage.

The complex sits on 15 unrestricted acres near Lake Tenkiller and the Illinois River, with proximity to fishing, rafting, and floating on Barron Fork Creek. Boating and weekend recreation are described as about 10 minutes away. Exterior features include sidewalks.

Utilities and building systems noted include septic tank service and a metal roof.

Key Highlights

  • 9 apartment units, each with 1‑bedroom and 1‑bath efficiency layouts
  • 15 unrestricted acres near Lake Tenkiller and the Illinois River
  • Month‑to‑month tenant arrangement supports flexibility for updates

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 74471, OK

1,463
Population
688
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
92%
High-School Grad
46.0 sq mi
ZIP Area
32
Density / Sq Mi
$45,511
Median Household Income
$32,672
Median Earnings
$680
Median Rent
$119,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Nine 1-bedroom efficiency units on 15 unrestricted acres with an oversized underground bunker for storage.
Where is this apartment building located?
The property is located at 25377 S Welling Road Welling, OK.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 9 apartment units, each with 1‑bedroom and 1‑bath efficiency layouts; 15 unrestricted acres near Lake Tenkiller and the Illinois River; Month‑to‑month tenant arrangement supports flexibility for updates
More about this property
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