Property summary
This exceptional investment opportunity presents a unique blend of immediate income and future development potential in the heart of Tahlequah, Oklahoma. The property, located at 116 W Morgan Street, encompasses a 0.36-acre lot and features a main house and a fourplex building, totaling 6,185 square feet. Three of the four units in the back fourplex have undergone recent renovations and are currently rented, generating immediate cash flow. The main house, also part of the fourplex, and one… remaining unit offer a blank canvas for creative redevelopment. The main house itself is a remodeled 2-bedroom, 1-bathroom residence. This property is ideally situated in downtown Tahlequah, providing easy access to local amenities, businesses, and attractions. The existing rental income, combined with the potential to renovate and lease the remaining unit and main house, presents a compelling investment opportunity for those seeking strong returns in a vibrant and growing market. The property's size and location make it suitable for a variety of uses, from continued multi-family rental to potential conversion into other commercial ventures. This is a rare chance to acquire a substantial property in a desirable downtown location with immediate income and significant upside potential. The property is priced at $425,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight