419 Oakdale Dr Stillwater, OK 74074

Property Details for 419 Oakdale Dr

Year built

1984

Property size

9,740 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a ten-unit multifamily property located at 419 S Oakdale Drive, Stillwater, Oklahoma, 74074. The property consists of five duplex buildings, each featuring two-bedroom, one-bathroom units with a single-car garage. Built in 1984, the property boasts a total of 9,740 square feet, with an asking price of $800,000 ($82.14 per square foot). The property is zoned for two multi-family dwellings (2 Multi-Family Stw). All units are equipped with electric heating and cooling systems and have individually metered water, with tenants responsible for their own utility bills. The property owner currently maintains the lawn care. Significant updates have been made, including new HVAC systems in most units. One unit has undergone a complete remodel and currently commands a monthly rent of $1,250. This prime location in southwest Stillwater offers strong rental demand and significant potential for future appreciation. The property's solid construction, desirable features, and convenient location make it an attractive investment for both seasoned and first-time investors. A detailed list of recent updates is available upon request. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a thriving Oklahoma market.