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$1,575,000
1.29± Acres
Active
Bryan County, OK
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803 Florida, Durant, Oklahoma

MLS ID: 2443958
Status: Active
Price: $1,575,000
Acres: 1.29±
Type: Fourplex, Residential
Address: 803 Florida
City, State: Durant, OK
County: Bryan County
ZIP Code: 74701
Lat/Long: 33.9883357, -96.3641124
Parcel Number: A 120--00-002-002-0-000-00
Bedrooms: 15
Bathrooms: 12
SqFt: 3,488
Year Built: 1983

Description

Located just minutes from downtown Durant, this beautifully renovated residential property offers 12 rental units spread across four buildings: 1 duplex (1744 SDF, 2 triplexes (each 2616 SF), and 1 quadriplexd (3488 SF) for a total of 24 bedrooms and 12 baths. Situated on E. Florida St. and Holcomb Ave., the properties are fully leased and have enjoyed minimal vacancy over time, with rents held steady since the renovations.

Each unit features 2 bedrooms, 1 bathroom, a kitchen, living room, and bath, offering approximately 872 sq. ft. of living space. (NOTE: There are 12 units - there are 24 bedrooms.) These units are ideal for tenants seeking comfort and convenience, with proximity to local amenities, including Lake Texoma, Choctaw Casino, and the rapidly expanding city of Sherman.

With a solid cap rate near 7.5%, this property is an excellent investment opportunity in a growing market. Durant is experiencing strong demand for rental properties, and rents are on the rise. This is the perfect time to invest and be part of the area's growth, driven by nearby developments like new chip plants in Sherman.

Addresses include:

East Florida St: 803, 805, 807, 809, 811, 813, 815, 817

Holcomb Ave: 201, 203, 205, 207

Don’t miss out—this property offers both immediate income and long-term potential.

Directions: 1.9 miles to Durant Intermediate Elementary; 1.3 miles to Durant Middle School, 2.9 miles from Durant High School. From the corner of Washington and E. Main, go east on Main street to SE Robinson. Turn right. Go a short distance to E. Florida St. on the left. Properties will be on the right side of the road, with the quad being on Holcomb Avenue.

Additional Information

Interior

Appliances: Dryer, Microwave, Oven, Range, Stove, Washer, Gas Oven, Gas Water Heater
Bathrooms Full: 12
Building Area Total: 3,488
Cooling (Yes/no): Yes
Cooling: Central Air
Flooring: Vinyl
Heating (Yes/no): Yes
Heating: Central, Gas
Interior Features: Central Vacuum, Granite Counters, High Speed Internet, Ceiling Fans
Living Area Source: Appraiser
Rooms Total: 5

Exterior

Architectural Style: Contemporary
Foundation Details: Slab
Lot Features: Corner Lot, Wooded
Lot Size Area: 1
Lot Size Square Feet: 56,058
Roof: Asphalt, Fiberglass
Stories: 1
Water Source: Public
Window Features: Vinyl

Financial/HOA/Schools

Days On Market: 19
Direction Faces: North
Elementary School: Durant
Elementary School District: Durant - Sch Dist (58)
Middle School District: Durant - Sch Dist (58)
High School: Durant
High School District: Durant - Sch Dist (58)
Subdivision Name: Hillcrest
Tax Annual Amount: 4680

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Richard Senn

Richard Senn

Jenks, Oklahoma

(918) 600-7509

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of February 5, 2025 at 12:00:00 AM UTC.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Carol Layman of Better Homes & Gardens, Winans

1776 Land Company

1776 Land Company

918-571-4100 • 10880 South 49th West Avenue, Sapulpa, OK 74066

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Fathom Realty

Fathom Realty OK, LLC. | 24800 Chrisanta Dr. Mission Viejo, CA 47938 | (877) 704-1766 | Licensed in Oklahoma

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