Residential Income

Altus, OK Residential Income Properties for Sale

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Leased Office and Rental Property
Updated: Apr 11
Leased Office and Rental Property

1205 S Main Street, Altus, OK 73521

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Office space with 1,400 SF plus three 100% occupied rental units generating current gross cash flow of $33,000
Office includes 4–6 offices, lobby/reception area, kitchen, and 2 bathrooms
Tax Masters tenant has been in the same location for over 20 years with a 3‑year lease in place
Rental mix: one furnished unit plus a 2 bed/1 bath apartment (~950 SF) and a mobile home (~1,950 SF) with 3–4 bedrooms and 2 baths
Owner pays water and sewer for all tenants
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Altus, OK, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

25-Unit Apartment Community
25-Unit Apartment Community

6401 NW Oak Ave, Lawton, OK 73505

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23,900 sqft

Built in 1979, this 25-unit multifamily property offers primarily one-bedroom units and owner-paid utilities.

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Improved Multifamily Portfolio Opportunity
Improved Multifamily Portfolio Opportunity

2505 NW 82nd St, Lawton, OK 73505

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Multifamily portfolio with substantial exterior and unit improvements made over the past two years.

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Handicap-Accessible Multifamily Portfolio
Handicap-Accessible Multifamily Portfolio

501 E Washington ave, Sayre, OK 73662

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Two apartment complexes in Sayre, OK offering studio through four-bedroom units and possible conversion to assisted living homes.

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Mixed-Use Restaurant and Apartments
Mixed-Use Restaurant and Apartments

611 N E Hwy 66, Sayre, OK 73662

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Turn-key restaurant with in-place POS and security, plus 13 surrounding apartments, with 2 currently being remodeled.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Olustee, OK
Residential Land in Olustee, OK

E Street, Olustee, OK 73560

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0.34 AC lot

Residential land with existing buildings, suitable for new home construction.

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Off-Market Properties in Altus, OK

Consider similar Off-Market properties in Altus, OK. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

218 Cypress St
APARTMENT HOUSE (UNDER 5 UNITS)

218 Cypress St, Altus, OK 73521-3704

$150,000
Estimated value
4,734 sqft 0.16 AC lot
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700 Commerce St
APARTMENT HOUSE (UNDER 5 UNITS)

700 Commerce St, Altus, OK 73521

$300,000
Estimated value
4,002 sqft 0.16 AC lot
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Altus, OK Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Altus, OK on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 1

Demographics Overview

Population 21K
Population Growth (5Y) -1.6%
Median Household Income $59,857
College Educated 36.2%

High-Yield Neighborhoods for Investment

Identify Altus submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
73521 $425K

Taxes & Financing

Average Loan-to-Value 65.0%

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