Multifamily

Mcalester, OK Multifamily Properties for Sale

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New Apartment Building Near Hospital
Updated: Jan 27
New Apartment Building Near Hospital

270 NW Electric Ave, Mcalester, OK 74501

$1,470,000
9,282 sqft
New construction 9‑unit apartment building (2025).
Full sprinkler system and concrete parking lot.
Each unit features 2 bedrooms and 2 bathrooms with an open floor plan.
Energy‑efficient units with low average electric bills (under $100/unit).
Located close to McAlester Regional Hospital and multiple schools.
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Well-Maintained Investment Property
Updated: Oct 18, 2024
Well-Maintained Investment Property

7295 E US Hwy 270, Mcalester, OK 74501

$1,599,000
15,964 sqft
Robust 7.8% Cap Rate: Provides a solid return on investment.
100% Occupancy: Demonstrates long‑term tenant stability and minimizes investor risk.
Upside Potential: Separately metered electricity allows shifting costs to tenants, increasing NOI.
Well‑Maintained: Property is in excellent condition.
Owner Financing Available: Seller willing to consider financing up to $500,000, offering flexibility.
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Mcalester, OK, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Homes in Kiowa, OK
New Homes in Kiowa, OK

Harper Valley Road, Kiowa, OK 74553

$594,900
980 sqft 0.62 AC lot

Five new homes, each with three bedrooms and two baths.

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New Homes in Kiowa, OK
New Homes in Kiowa, OK

00 Harper Valley Road, Kiowa, OK 74553

$594,900
980 sqft

Five new homes, each with three bedrooms and two baths.

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RV Park with Multi-Family Zoning
RV Park with Multi-Family Zoning

305 JC Watts Jr Ave, Eufaula, OK 74432

$575,000
1.62 AC lot

RV park with 16 sites, individual water and sewer hookups, and an engineered plat for potential townhome development.

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Waterfront Development Land for Townhomes
Waterfront Development Land for Townhomes

305 JC Watts Jr Ave, Eufaula, OK 74432

$625,000

Zoned multi-family waterfront site with an existing RV park and engineered plans for 18 townhomes or duplexes.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Lots Near Canadian River
Wooded Lots Near Canadian River

Shinook Canadian Shore 3, Mcalester, OK 74501

Contact for pricing
0.34 AC lot

Two wooded lots near the Canadian River, RVs and mobiles allowed.

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Recreation Land with Two Ponds
Recreation Land with Two Ponds

CR 1625, Clayton, OK 74536

$255,000
30.00 AC lot

30 acres with two ponds, deeded access from a paved county road, and utilities available for a cabin, home, or recreation.

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Lake View Lot in Stigler
Lake View Lot in Stigler

TBD N BK 1500 RD lot: 17, Stigler, OK 74462

Contact for pricing
0.23 AC lot

Water-view lot with flexible building options near Evergreen Marina.

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Eufaula Land For Sale
Eufaula Land For Sale

418344 Texanna Road, Eufaula, OK 74432

$250,000
10.86 AC lot

10.86 acre tract suitable for development or investment.

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Off-Market Properties in Mcalester, OK

Consider similar Off-Market properties in Mcalester, OK. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7295 Us Highway 270
Multifamily properties

7295 Us Highway 270, McAlester, OK 74501

Value Estimation by Request
15,964 sqft
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14 Old Us Highway 270
Multifamily properties

14 Old Us Highway 270, McAlester, OK 74501

Value Estimation by Request
5.00 AC lot
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519 Jefferson Ave
APARTMENT HOUSE (UNDER 5 UNITS)

519 Jefferson Ave, Mcalester, OK 74501-4720

Value Estimation by Request
472 sqft 0.37 AC lot
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Mcalester, OK Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Mcalester, OK on our real estate platform. These investment opportunities span a total of 25,246 square feet of properties for sale, with an estimated market value of $3,069,000.

Sale prices for multifamily properties in Mcalester, OK start at $1,470,000, averaging $1,534,500, and reaching up to $1,599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2

Demographics Overview

Population 29K
Population Growth (5Y) +2.4%
Median Household Income $55,430
College Educated 14.0%

High-Yield Neighborhoods for Investment

Identify Mcalester submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
74501 $2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pittsburg County

New Delisted

Total CRE Inventory on Market (SF)

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