Quick Info
| Date added: 05/09/25 | MLS #: 132034 | Post Updated: 2025-05-14 00:00:35 | Type: Fourplex |
| Status: Pending | DOM: 3 | County: Payne | Zoning: Multi Family Stw |
| Sale/Rent: For Sale | Buildings # of: 1 | Units # of: 4 | RENT: Written Lease |
Description
Unlock steady cash flow with this one-of-a-kind property, where timeless mystique meets natural beauty. Ideally located on the high-traffic corner of Duck and Miller, this income-generating 4-unit complex offers immediate returns and future potential. Each of the four one-bedroom apartments features a spacious living area, galley-style kitchen, one bathroom, and original hardwood floors. Classic built-ins and ample closet space add character and functionality, while tenants enjoy on-site parking and shared outdoor spaceâenhancing rental appeal and encouraging long-term occupancy. Strategically positioned and separately metered, the property is fully leased through May 2026, generating $2,575 per month in gross rentsâdelivering reliable income with excellent potential for future redevelopment or mixed-use expansion. The property is located within Stillwaterâs Form-Based Code area (Transect 6), allowing a wide range of by-right uses, including: Residential â Live/Work, Accessory Unit, Multi-Family, Mixed use Lodging â Hotel, Inn, Short-Term Rental Commercial â Restaurant, Bank, Retail/Commercial, Office Entertainment â Movie Theater, Outdoor Auditorium Parking â Parking Structure, Surface Parking This rare combination of location, zoning flexibility, and income generation makes it a standout opportunity for investors seeking both immediate cash flow and long-term development upside.
View on map / Neighborhood
- Directions: From Duck and Hall of Fame: turn South on Duck to Miller, property sits on the corner of Duck and Miller.
Property Features
- Parking Type: Ground Level
- Parking Quantity: 11-20
- Parking Surface: Concrete
- Levels: 2
- EXTERIOR: Wood
- Roof: Built Up
- STREET SURFACE: Paved
- ELECTRIC: City
- GAS: Natural
- WATER: City
- SEWER: City
- HEATING: Wall Furnace
- COOLING: Window Unit
- APPLIANCES: Range,Refrigerator
- INT/EXT FEATURES: Crawl Space
Fees & Taxes
- Taxes$: $ 2,702.00
- Tax Year: 2024
Miscellaneous
- Flood Insurance: $ 0.00
- School: Will Rogers Elementary
- Subdivision: Norwood Add
- Office Name: Look Properties, LLC
This Fourplex style property is located in Stillwater is currently MULTI-FAMILY and has been listed on ARC Realty OK. This property is listed at $ 425,000.00. It has bedrooms, bathrooms, and is . The property was built in year.
