Improved 16-Unit Apartment
New
For Sale
$1,549,000
503 W Allen Rd, Tahlequah, OK 74464
Two-building multifamily property with all residences leased and substantial recent improvements completed.
Property Size5,696 SF
Price / SF$271.95
Days on Market6
Property Features for 503 W Allen Rd
General Information
Standard status
Active
Size
5,696 SF
Taxes and HOA fees
Annual Taxes
$3,650
Listing Agency:
Nofire Real Estate LLC
Listed By:
John Nofire
(918) 346-0188
Source:
Exprealty
Added: Aug 31
Changed: Sep 4
Last Checked: Sep 4 at 2:46PM
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 Nofire Real Estate LLC
Investment Insights
Based on property information with market context.
This Tahlequah multifamily property includes two buildings with 16 total apartments. Each residence features two bedrooms and one bathroom, and the property is currently 100% occupied. Recent renovations, repairs, maintenance, and related improvements have been substantially completed, supporting continued operation without a major renovation and lease-up program.
The property is located near Northeastern State University and the OSU College of Osteopathic Medicine at the Cherokee Nation. The surrounding education and healthcare presence provides access to student, university, healthcare, and workforce demand in Tahlequah. An existing relationship with NSU is also associated with the property.
The property is located near Northeastern State University and the OSU College of Osteopathic Medicine at the Cherokee Nation. The surrounding education and healthcare presence provides access to student, university, healthcare, and workforce demand in Tahlequah. An existing relationship with NSU is also associated with the property.
Key Highlights
- Two buildings containing 16 total apartment units
- All 16 units are currently leased; occupancy is 100%
- Each unit includes 2 bedrooms and 1 bathroom
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
Demographics for 74464, OK
31,256
Population
13,502
Households
2.3
Avg Household Size
34
Median Age
32%
College-Educated
90%
High-School Grad
253.8 sq mi
ZIP Area
123
Density / Sq Mi
$51,362
Median Household Income
$33,439
Median Earnings
$793
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily property with all residences leased and substantial recent improvements completed.
Where is this apartment building located?
The property is located at 503 W Allen Rd Tahlequah, OK.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: Two buildings containing 16 total apartment units; All 16 units are currently leased; occupancy is 100%; Each unit includes 2 bedrooms and 1 bathroom
