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New 9-Unit Apartment Building
For Sale
$1,470,000

270 NW Electric Avenue, Krebs, OK 74501

Commercial, Krebs, OK

Property Size9,282 SF
Lot Size1.09 Acres
Price / SF$158.37
Days on Market215

Property Features for 270 NW Electric Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Property condition Under Construction
Zoning R3
Parking features Off Street
Interior features 9' Ceiling Height
Exterior features Dumpster, Lighting
Elementary school district Krebs - Sch Dist (G6)
Middle school district Krebs - Sch Dist (G6)
High school district Krebs - Sch Dist (G6)
Directions From Highway 69 and Electric, Go East approx. 3/4 mile and they are on the North side of the road.
Standard status Active
APN 1700-00-144-011-0-011-00
Size 9,282 SF
Lot size 1.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 11 BLK 144 NORTH & WEST ADDITION TO KREBS
Legal Description LOT 11 BLK 144 NORTH & WEST ADDITION TO KREBS

Utilities

Utilities Water Available
Heating system Heat Pump (Heating), Central
Cooling system Central Air

Building Details

Year built 2025
Floors in Building 1
Flooring type Vinyl
Building materials Frame
Roof type Composition
Listing Agency: Homecoin.com
Listed By: Jonathan Minerick · License #01523060
Added: Feb 25 Changed: Sep 17 Last Checked: Sep 28 at 7:06AM
MLS# 2606345

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 9,282-square-foot apartment property in Krebs, Oklahoma, contains nine units, each configured with two bedrooms and two bathrooms. The building has frame construction, vinyl flooring, 9-foot ceilings, central air conditioning, and a central heat-pump system. Exterior improvements include lighting and a dumpster, while off-street parking serves the property. Water is available, and the roof is composition shingle.

The property occupies 1.088 acres at 270 NW Electric Avenue in Krebs, within Pittsburg County. It is designated R3 and carries a 2025 year built. An occupancy certificate has been issued by the State Fire Marshall office.

Key Highlights

  • Nine apartment units, each with 2 bedrooms and 2 bathrooms
  • 9,282 SF apartment building on 1.088 acres
  • R3 zoning in Krebs, OK

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Plumbing Service Auto Parts Store Garden Center Barber Shop Home Appliance Store

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

3
Businesses Nearby

Demographics for 74501, OK

28,566
Population
13,223
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
550.7 sq mi
ZIP Area
52
Density / Sq Mi
$55,430
Median Household Income
$38,814
Median Earnings
$907
Median Rent
$156,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - R3-zoned multifamily asset with nine two-bedroom, two-bath units and off-street parking.
Where is this apartment building located?
The property is located at 270 NW Electric Avenue Krebs, OK.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: Nine apartment units, each with 2 bedrooms and 2 bathrooms; 9,282 SF apartment building on 1.088 acres; R3 zoning in Krebs, OK
More about this property
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