317 A St Ardmore, OK 73401
This two-story apartment building in Ardmore, Oklahoma, presents a compelling investment opportunity. Located at 317 NW A Street, 73401, this multifamily property boasts 3,800 square feet on a 6,534 square foot lot. Built in 1950, the building currently generates $3,000 in monthly income from its four units. Recent updates have been completed, and the units are currently rented below market value, primarily to long-term tenants, suggesting potential for increased revenue. The asking price is $375,000, translating to $98.68 per square foot. This property offers significant upside potential due to the below-market rents and the availability of two additional lots for purchase (separate transaction). The property's prime downtown Ardmore location adds further value. This is an excellent opportunity for investors seeking a stable, income-generating asset with room for growth.
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.