1. Oklahoma
  2. Ardmore
  3. 806 N Washington
$648,000

806 N Washington, Ardmore, OK 73401

  • 2,727 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $238/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Excellent investment opportunity in Ardmore! This fully occupied 6-unit multi-family property offers approximately 5,400 SF of rentable space with an 8.5% cap rate. Tenants pay electric; owner pays water and trash. Low expenses with strong cash flow and stable tenant base. Conveniently located near downtown Ardmore with easy access to amenities. Onsite parking lot included. Full value-add potential allows for future rent growth and increased returns. A great starter investment with upside.

Listing Status:
Active
Date Added:
June 16, 2025 at 05:00AM
Listing Office:
Paragon Oklahoma : (903) 893-8174
Listing Agent:
Megan Towery : (940) 206-4517
MLS ID:
2525617
  • General: High Speed InternetCeiling Fan(s)
  • Flooring: LaminateVinyl
  • A/C: Central Air
  • Heating: CentralElectric

This listing courtesy of Megan Towery, Paragon Oklahoma

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Will Rogers Elementary School

1441 N Washington St, Ardmore, OK, 73401

Grades PK-KG

0.49 miles away

A

Ardmore Middle School

511 Veterans Blvd, Ardmore, OK, 73401

Grades 6-8

1.70 miles away

A

Ardmore High School

701 Veterans Blvd, Ardmore, OK, 73401

Grades 9-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.