41-Door Multifamily
For Sale
$400,000
520 E Okmulgee Street, Muskogee, OK 74403
Commercial, Muskogee, OK
Property Size5,000 SF
Lot Size0.13 Acres
Price / SF$80
Days on Market99
Property Features for 520 E Okmulgee Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Exterior features
Sidewalk
Elementary school district
Muskogee - Sch Dist (K5)
Middle school district
Muskogee - Sch Dist (K5)
High school district
Muskogee - Sch Dist (K5)
Directions
US 75 South towards Okmulgee, continue on US 75 South to Beggs, Take the US-75ALT/OK-16 exit from US-75 S, Follow OK-16 E to E Okmulgee St in Muskogee
Standard status
Active
APN
510004509
Size
5,000 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E79.5 S73 LOT 11 BLOCK 390, Muskogee OT
Tax Annual Amount
1021
Legal Description
E79.5 S73 LOT 11 BLOCK 390, Muskogee OT
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1945
Building materials
Concrete
Roof type
Built-Up
Listing Agency:
Keller Williams Advantage · Keller Williams Realty
(918) 291-2425
Listed By:
Alicia Swartz · License #171997
(918) 429-9890
Added: Jul 31
Changed: Oct 15
Last Checked: Nov 6 at 10:06AM
MLS# 2628122
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.
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Investment Insights
Based on property information with market context.
This multifamily investment portfolio includes approximately 41 rental doors across multiple properties, including one asset combining commercial and residential space. The properties are listed separately, with a preference for a single-package acquisition. Commercial zoning is identified for the offering.
The portfolio is located at 520 E Okmulgee Street in Muskogee, Oklahoma. Tenant contact is restricted, and all showings and inspections require an appointment, along with an accepted offer and/or proof of funds as determined by the seller. Additional property and financial details are available to qualified buyers upon request.
The portfolio is located at 520 E Okmulgee Street in Muskogee, Oklahoma. Tenant contact is restricted, and all showings and inspections require an appointment, along with an accepted offer and/or proof of funds as determined by the seller. Additional property and financial details are available to qualified buyers upon request.
Key Highlights
- Approximately 41 rental doors across multiple properties
- Includes one mixed‑use asset with commercial and residential space
- Properties are listed separately and preferred as one package
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,833
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,660
$596.7K
Cap Rate 7%
$426,186
$426.2K
Cap Rate 9%
$331,478
$331.5K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$58.2K $11.64/SF
− Vacancy
−$4.0K −$0.79/SF
EGI
$54.2K $10.85/SF
− OpEx
−$24.4K −$4.88/SF
NOI
$29.8K $5.97/SF
Area
Muskogee County, OK
Vacancy
6.80%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,660
Cap Rate 7%
$426,186
Cap Rate 9%
$331,478
Alternative Uses
Best Use
Mixed Use
$578.6K
$506.3K – $675.0K
NOI $40,500 @ 7.0% cap · market cap 10.13%
Second Best
Apartment 5plus
$426.2K
$372.9K – $497.2K
NOI $29,833 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$1.05M
$915.7K – $1.22M
NOI $73,259 @ 7.0% cap · market cap 18.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
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Business Placement
Demographics for 74403, OK
29,419
Population
12,779
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
109.7 sq mi
ZIP Area
268
Density / Sq Mi
$57,171
Median Household Income
$35,732
Median Earnings
$841
Median Rent
$145,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Established rental portfolio with one mixed-use commercial and residential property, offered with appointment-only access.
Where is this multifamily property located?
The property is located at 520 E Okmulgee Street Muskogee, OK.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Approximately 41 rental doors across multiple properties; Includes one mixed‑use asset with commercial and residential space; Properties are listed separately and preferred as one package
