6324 W 3rd St, Stillwater, OK 74075-8889
6324 W 3rd St, Stillwater, OK 74075-8889
6324 W 3rd St, Stillwater, OK 74075-8889
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$1,800,000
Est. payment /mo
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2 Beds
2 Baths
1,268 SqFt
Active

6324 W 3rd St Stillwater, OK 74075-8889

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Rhonda Plake

Rhonda Plake

+1(405) 385-2478

UPDATED:

Key Details

Property Type Single Family Home

Sub Type RESIDENTIAL

Listing Status Active

Purchase Type For Sale

Square Footage 1,268 sqft

Price per Sqft $1,419

MLS Listing ID 135221

Bedrooms 2

Full Baths 2

Year Built 2016

Annual Tax Amount $16,371

Tax Year 2025

Lot Size 17.000 Acres

Lot Dimensions 17 acm/l

Property Sub-Type RESIDENTIAL

Property Description

Unique Investment Opportunity! Discover a rare investment opportunity in southwest Stillwater, conveniently located off Highway 51 and Range Road. This property offers 17 acres with 10 well-maintained rental homes, all constructed in 2016 and featuring three distinct floor plans. Each home offers 2 bedrooms and 2 bathrooms, along with a spacious kitchen equipped with a refrigerator, range, microwave and dishwasher. Additional features include a separate laundry room with a washer and dryer, front and back patio areas, a paved two-car carport, and attractive landscaping. All homes are total electric and range in size from approximately 1,036 to 1,268 square feet, according to the Payne County Assessor. The property has been pet-free. All of the 10 homes are occupied/leased, providing an established rental income stream for an investor. Tenants are responsible for their own electric usage, while ownership covers water, trash, and lawn care. With 17 acres, this property also offers potential for future expansion, making it an attractive opportunity for investors looking to grow the existing rental portfolio. A playground located near the front of the property provides a convenient recreational area for children.

Location

State OK

County Payne

Area Southwest

Zoning NONE

Rooms

Kitchen Spacious

Interior

Heating Heat Pump

Cooling Central

Appliance Microwave, Range, Refrigerator, Dishwasher

Exterior

Exterior Feature Siding

Parking Features Detached Carport

Garage Spaces 2.0

Garage Description Detached Carport

Fence None

Building

Lot Description 17 acm/l with 10 houses

Story 1

Water City

Level or Stories 1

Schools

School District Will Rogers Elementary

Others

Ownership Michael B & Anne M Frost TTEE

SqFt Source PCA

Energy Description Electric

Listed by Fisher Provence, REALTORS

NEARBY SCHOOL & BUSINESS

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Rhonda Plake

Rhonda Plake

License ID: 170233

+1(405) 385-2478

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6324 W 3rd St