202 Oak Ave Seminole, OK 74868
Investor opportunity! This Seminole, Oklahoma triplex at 202 W Oak Ave is situated on a 0.28-acre lot and presents a compelling investment prospect. The property comprises three units, each featuring three bedrooms and one and a half bathrooms. While the square footage isn't specified, the units boast varying floor plans and designs, offering flexibility for potential renters. All units include refrigerators and stoves, with some featuring dishwashers and washer/dryer hookups. Appliances are a mix of gas and electric, and all units benefit from central heating and air conditioning. Each unit also has access to a fenced backyard and a front yard, providing outdoor space for residents. Street parking is available. The property boasts a recently installed roof (2022) and double-pane vinyl windows, enhancing energy efficiency and longevity. Some units also feature storm doors. Currently, two units are occupied by long-term tenants, and the third unit, recently remodeled, is also rented. Monthly rental income ranges from $600 to $650 per unit, with tenants responsible for their own utilities. This turnkey investment property offers immediate cash flow and significant potential for future appreciation. The asking price is $249,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.