525 7Th Ave Ardmore, OK 73401
- Residential income homes
- 1,142 SF
Current Use by Public Records
- Residential income homes
Property Details for 525 7Th Ave
- Year built
- 1930
- Property size
- 1,142 SF
- Property type
- Residential income homes
Description
This 1930-built Ardmore duplex presents a compelling investment opportunity at $104,000. Boasting a total of 1,142 square feet across two units, each unit commands a monthly rent of $650, generating substantial rental income. Recent renovations enhance the property's value and appeal, including the installation of commercial vinyl tile flooring, energy-efficient Low-E vinyl windows, fresh paint, new stoves, and updated heating and cooling systems (two window units per unit). Electrical panels have also been upgraded. Each unit benefits from its own electric and water meter, simplifying utility management. The property sits on a sizable 6,534 square foot lot and includes a shared carport. Tenants are responsible for their own lawn maintenance. This turnkey investment offers a strong return on investment with minimal ongoing maintenance requirements, making it an ideal addition to any portfolio. The property is located at 525 7th Ave NW, Ardmore, OK 73401 (Carter County). This single-story building presents a low-maintenance investment opportunity in a desirable location.
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
- Carter
- State
- Oklahoma
- Longitude
- -97.1341499
- Latitude
- 34.1820746
