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Six-Cabin Multifamily Property

E 620 Road, Locust Grove, OK 74352

For Sale
$648,000

Commercial, Locust Grove, OK

Property Size762 SF
Lot Size7.00 Acres
Price / SF$850.39
Days on Market55

Property Features for E 620 Road

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning Rural Comm
Parking features Paved or Surfaced
Interior features High Speed Internet, Smoke Detector
Exterior features Dumpster, Sidewalk
Fencing Chain Link, Fenced
Subdivision Mayes Co Unplatted
Elementary school district Locust Grove - Sch Dist (M4)
Middle school district Locust Grove - Sch Dist (M4)
High school district Locust Grove - Sch Dist (M4)
Directions From Office turn R on Bypass (hwy 82N) go aprox 18.3 miles turn L on E 620 Rd go 1/4 mile go straight at stop sign. Property on R Corner of E 620 Road And S 442 Rd. Entrance just past stop sign.
Standard status Active
Size 762 SF
Lot size 7.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Aprox 7 Acres located in 14-19N-20E BEG SE COR E2SE THEN N 1281.03 (Full Legal after Survey)
Tax Annual Amount 1386
Legal Description Aprox 7 Acres located in 14-19N-20E BEG SE COR E2SE THEN N 1281.03 (Full Legal after Survey)

Utilities

Sewer type Septic Tank
Cooling system Ductless

Building Details

Year built 2017
Flooring type Vinyl
Building materials Frame
Roof type Composition
Listing Agency: Coldwell Banker Select
Listed By: Bobby J. McAlpine Jr · License OK #155147
Added: Sep 21 Changed: Oct 16 Last Checked: Nov 14 at 12:06AM
MLS# 2634921

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.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property includes six cabin units: five with one bedroom and one bathroom, plus one with two bedrooms and one bathroom. The buildings were constructed in 2017 with frame construction, vinyl flooring, ductless cooling, composition roofs, and smoke detectors. High-speed internet is also available. The property encompasses 7 acres and includes paved or surfaced parking, sidewalks, a dumpster, and chain-link fencing. A septic tank serves the site, which is zoned Rural Comm. The recorded property size is 762 square feet.

Key Highlights

  • Five one‑bedroom, one‑bath cabins plus one two‑bedroom, one‑bath cabin
  • 7‑acre multifamily property with Rural Comm zoning
  • Built in 2017 with frame construction and composition roofs

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 74352, OK

6,070
Population
2,791
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
88%
High-School Grad
123.6 sq mi
ZIP Area
49
Density / Sq Mi
$52,152
Median Household Income
$36,097
Median Earnings
$644
Median Rent
$132,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Cabin-style multifamily property with rural commercial zoning, paved parking, and fenced grounds.
Where is this multifamily property located?
The property is located at E 620 Road Locust Grove, OK.
What is the asking price?
The asking price for this property is $648,000.
What are key features of this property?
This property features: Five one‑bedroom, one‑bath cabins plus one two‑bedroom, one‑bath cabin; 7‑acre multifamily property with Rural Comm zoning; Built in 2017 with frame construction and composition roofs
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