Fully Occupied 9-Unit Investment Opportunity in Clinton, OK! Excellent opportunity to add a 100% occupied multifamily property to your investment portfolio! Located at 404 S 23rd Street in Clinton, this 9-unit apartment property sits on a quiet cul-de-sac and offers an established rental history with additional income potential. Each 1-bedroom, 1-bath unit features washer & dryer hookups and has been remodeled with updated paint and durable wood-look tile flooring-an attractive, low-maintenance finish designed with longevity in mind. The property is currently fully rented with an average scheduled rent of approximately $637.50 per unit, generating approximately $68,850 in annual scheduled rental income. Estimated current market rent is approximately $655 per unit, providing additional potential for rental growth as leases renew or units turn over. With all nine units currently occupied, updated interiors, durable finishes and room for rental growth, this is an attractive opportunity for an investor seeking an established, income-producing multifamily property in Clinton.
| MLS # | 1252502 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 32 |
| Listing Provided By | Green Real Estate LLC | Christina Green |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 504 |
| Story(s) | 1 |
| Acreage | 0.57 |
| Heating | Electric |
|---|
| Lot Features | Cul-De-Sac |
|---|---|
| Foundation Details | Slab |
| Tax Block | - |
|---|---|
| Tax Lot | - |
| State | OK |
|---|---|
| County | Custer |
| City | Clinton |
| Zip Code | 73601 |
| School District | Custer |
| School District | Clinton HS |
| Elementary School | Nance ES,Southwest ES,Washington |
| High School | Clinton HS |
| Listing VS Median (in 73601) | |
Price: $575,000 low | high Med: $167,250 sqft: 504 low | high Med: 1,937 $ / sqft: $1,141 low | high Med: $87 On site: 32 low | high Med: 126.5 | |
| State | OK |
|---|---|
| County | Custer |
| City | Clinton |
| Zip Code | 73601 |
| School District | Custer |
| School District | Clinton HS |
| Elementary School | Nance ES,Southwest ES,Washington |
| High School | Clinton HS |
| Listing VS Median (in 73601) | |
Price: $575,000 low | high Med: $167,250 sqft: 504 low | high Med: 1,937 $ / sqft: $1,141 low | high Med: $87 On site: 32 low | high Med: 126.5 | |