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12-Unit Apartment Building
For Sale
$559,900

317 Young ST, Arkoma, OK 74901

MULTI_FAMILY - Arkoma, OK

Property Size7,682 SF
Lot Size0.78 Acres
Price / SF$72.88
Days on Market94

Property Features for 317 Young ST

General Information

Property type Residential Multi Family
Property subtype Apartment
Subdivision Reynolds Add
Lot features Cleared
Directions Turn right onto old greenwood rd., turn left onto phoenix ave, turn right onto stateline rd, turn left onto young ave
Standard status Active
APN A100-00-007-000-0-004-00
Size 7,682 SF
Lot size 0.78 Acres

Taxes and HOA fees

Tax Description ARKOMA REYNOLDS ADD BLK 7 N80 LOTS 7 TO 10 INC B1292 P236 B1292 P635 B1958 P724.
Tax Annual Amount 3897
Legal Description ARKOMA REYNOLDS ADD BLK 7 N80 LOTS 7 TO 10 INC B1292 P236 B1292 P635 B1958 P724.

Utilities

Heating system Baseboard
Cooling system Window Unit(s)

Building Details

Year built 1971
Floors in Building 1
Number of units 12
Flooring type Laminate
Roof type Shingle
Listing Agency: ANNU Realty
Listed By: Ace Morris · License #PB00087244
Added: May 7 Changed: Aug 7 Last Checked: Aug 8 at 10:06PM
MLS# 1088904

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.

This 12-unit apartment property contains primarily 1-bedroom/1-bath units within a 7,682-square-foot building constructed in 1971. Multiple interiors have been updated, with recent improvements including flooring, paint, and fixtures. Existing features include laminate flooring, baseboard heating, window-unit cooling, and a shingle roof. The owner currently pays water service.

The property occupies 0.7801 acres in Arkoma, Oklahoma, near the Arkansas-Oklahoma state line and minutes from Fort Smith. Shopping, employment, and major highways are located nearby, providing convenient access to surrounding commercial and employment areas.

Key Highlights

  • 12‑unit apartment property on 0.7801 acres
  • Primarily 1‑bedroom/1‑bath units
  • 7,682‑square‑foot building constructed in 1971

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Bakery Spa & Massage Center Gym & Fitness Center Cafe & Coffee Shop Barber Shop

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

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

166
Businesses Nearby

Demographics for 74901, OK

1,832
Population
821
Households
2.2
Avg Household Size
39
Median Age
10%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
93
Density / Sq Mi
$39,236
Median Household Income
$27,668
Median Earnings
$677
Median Rent
$67,300
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 - Primarily one-bedroom units include updated interiors and owner-paid water service.
Where is this apartment building located?
The property is located at 317 Young ST Arkoma, OK.
What is the asking price?
The asking price for this property is $559,900.
What are key features of this property?
This property features: 12‑unit apartment property on 0.7801 acres; Primarily 1‑bedroom/1‑bath units; 7,682‑square‑foot building constructed in 1971
More about this property
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