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Property profile & analytics
OFF-MARKET
Residential income homes

19 2Nd Ave Ardmore, OK 73401

3,710 SF 0.17 ac lot Built 1945
Property ID
US69-1740215
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Residential income homes
Year built 1945
Total area 3,710 SF
Lot 0.17 ac (7,405 SF)
UPID US69-1740215
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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