30
See all 30 photos
$840,000
Est. payment /mo
8 Beds
4 Baths
5,824 SqFt
Pending
214 W Maple Ave Stillwater, OK 74074
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Key Details
Property Type Multi-Family
Sub Type MULTIFAMILY
Listing Status Pending
Purchase Type For Sale
Square Footage 5,824 sqft
Price per Sqft $144
Subdivision E College Addit
MLS Listing ID 135091
Bedrooms 8
Year Built 1974
Annual Tax Amount $7,341
Tax Year 2026
Lot Dimensions Irregular
Property Sub-Type MULTIFAMILY
Property Description
100% OCCUPIED – LEASED THROUGH MAY/JUNE 2027 – 3 BLOCKS TO OSU! Excellent investment opportunity within easy walking distance of Oklahoma State University! This well-maintained 6-unit apartment complex features three units upstairs and three downstairs. Each spacious unit offers approximately 970 sq. ft. with 2 bedrooms, 1 bathroom, an open-concept living room and kitchen, and a stackable washer and dryer. Granite countertops throughout, luxury vinyl plank flooring throughout. All six units were completely remodeled in Fall 2020/Spring 2021, providing updated interiors and an attractive, established rental property. A gated front courtyard creates a welcoming community atmosphere for residents, while ample on-site parking accommodates full occupancy. The property has a strong rental history and is currently 100% occupied, with all units leased through May or June 2027, providing an incoming owner with established tenants and immediate rental income. The current owner pays utilities other than tenant internet and/or cable. Beginning in May 2027, the planned utility structure is for the owner to pay water only, due to the property having a single water meter, with tenants responsible for all other applicable utilities. With its exceptional location just 3 blocks from the OSU campus, spacious 970 sq. ft. units, updated interiors, in-unit laundry, gated courtyard, adequate parking, and established occupancy, this property offers an attractive opportunity for an investor seeking a stabilized multifamily property in a highly desirable rental location. For current rental rates, rent roll information, lease details, and additional financial information, please inquire. Seller is also offering this property with 317 - 317 1/2 S. Walnut St. (duplex) as a package deal; see separate listing.
Location
State OK
County Payne
Area Southwest
Zoning Multi Family Stw
Interior
Heating Forced Air
Cooling Central
Exterior
Exterior Feature Brick Veneer
Parking Features Ground Level
Building
Story 2
Water City
Level or Stories 2
Schools
School District Will Rogers Elementary
Others
Ownership Pottawatomie County Investment Properties, LLC
Acceptable Financing Cash to Seller
Listing Terms Cash to Seller
Listed by RE/MAX Signature
NEARBY SCHOOL & BUSINESS
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