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Property profile & analytics
OFF-MARKET
Residential income homes

1206 Bixby St Ardmore, OK 73401

2,237 SF Built 1935
Property ID
US69-1764315
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-plex located in the highly sought-after southwest Ardmore area. The portfolio comprises four single-family rental properties totaling 2,237 square feet on a 7,405 square foot lot. Built in 1935, this two-story property currently generates a substantial monthly income of $6,000. Individual units offer varying layouts and rental rates: one 2-bedroom, 1-bathroom unit rents for $1,400; another 3-bedroom, 2-bathroom unit commands $1,600 per month; and two additional units, each with 3 bedrooms and 2 bathrooms, also rent for $1,400 and $1,600 respectively. The properties are situated on adjacent lots, offering convenience and potential for future development or synergy. This turnkey investment is priced at $675,000, representing a compelling price per square foot of $301.74. The strong rental history and desirable location make this a rare opportunity for investors seeking immediate cash flow and long-term appreciation in a stable market. This is a fantastic opportunity to acquire a proven income-generating asset in a thriving area.

Property profile
Verified
Property type Residential income homes
Year built 1935
Total area 2,237 SF
UPID US69-1764315
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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