19 2Nd Ave Ardmore, OK 73401
- Residential income homes
- 3,710 SF
- 0.17 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 19 2Nd Ave
- Year built
- 1945
- Lot size
- 0.17 lot acres
- Property size
- 3,710 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a five-unit multifamily property nestled in the heart of downtown Ardmore, Oklahoma. The property boasts a total of 3,710 square feet situated on a 0.17-acre lot. Built in 1945, this two-story building comprises four apartment units – two on the ground floor and two on the upper level – and a detached, single-family "tiny home" in the rear. The tiny home generates an additional $1,000 monthly rental income, inclusive of utilities. All units have recently undergone updates. This property offers a unique zoning advantage: it allows for commercial use on the lower level and residential use on the upper level, presenting significant flexibility for future development or income diversification. The asking price is $400,000, translating to a price per square foot of $107.82. Located at 19 2nd Avenue, Ardmore, OK 73401, this property is ideally situated near Dew Drop/Cafe Alley, with neighboring properties also available for purchase. This is a rare opportunity to acquire a well-maintained, income-generating multifamily property in a desirable downtown location with unique zoning potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ardmore
- County
- OK
- State
- Oklahoma
- Longitude
- -97.1263519
- Latitude
- 34.1751563
