Excellent income-producing investment opportunity featuring three duplexes with a total of six rental units on a spacious corner lot in Tahlequah. This established multifamily property offers immediate cash flow with strong rental history and additional upside for investors looking to expand their portfolio. The property sits on .52 acres and includes room that may offer future development potential, subject to local zoning and approvals. Conveniently located just minutes from downtown Tahlequah, shopping, restaurants, schools, and Northeastern State University, this property provides an attractive location for tenants. Each unit offers practical, low-maintenance living, making management straightforward while providing consistent rental demand. Whether you're a seasoned investor or looking to purchase your first multifamily property, 815 S. Mission Ave. presents an opportunity to own a cash-flowing asset in a growing rental market. Monthly income is as follows. Unit 1 $750. unit 2 $750 unit 3. $600 unit 4. $600 unit 5. $650 and unit 6. $775 for a total of $4,125 per month. Owner pays utilities on 4 units which averages approx. $600 per month. RHS Rentals LLC is owned by Ronnie Sanderson (licensed Realtor)
| MLS # | 2628868 |
|---|---|
| Listing Type | For Sale |
| Style | Apartment |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 45 |
| Listing Provided By | Sanderson & Associates RE | Ronnie Sanderson |
| SQ Feet | 2,160 |
|---|---|
| Zoning | R1 |
| Acreage | 0.52 |
| Tax Annual Amount | 2000 |
|---|
| State | OK |
|---|---|
| County | Cherokee |
| City | Tahlequah |
| Zip Code | 74464 |
| Listing VS Median (in 74464) | |
Price: $299,000 low | high Med: $267,250 sqft: 2,160 low | high Med: 1,751 $ / sqft: $138 low | high Med: $156 On site: 45 low | high Med: 12.5 | |
| State | OK |
|---|---|
| County | Cherokee |
| City | Tahlequah |
| Zip Code | 74464 |
| Listing VS Median (in 74464) | |
Price: $299,000 low | high Med: $267,250 sqft: 2,160 low | high Med: 1,751 $ / sqft: $138 low | high Med: $156 On site: 45 low | high Med: 12.5 | |