Description
Fully leased 5-plex near downtown Durant with immediate cash flow and clear value-add upside. The main structure is a triplex offering three 2 bed / 2 bath units with 3,378 sq ft (courthouse data / main structure only) and recent minor updates including fresh paint and replaced countertops. A separate detached wood-frame building was fully remodeled in 2024 with a new roof and shingles, new metal siding, new windows, upgraded/replaced framing as needed, and new water and drain lines, plus insulation, drywall, flooring, cabinets, and fully updated tile baths/showers. The detached building includes two additional units: a 1 bed / 1 bath downstairs and a 1 bed / 1 bath upstairs with an exterior staircase. Washer/dryer hookups are reported in all units, including both detached apartment units. All five units are currently leased with $2,950/month in gross rents on a mix of month-to-month and 12-month lease agreements. Each unit is individually metered and tenants pay their own utilities. Corner lot setting with alley access along the west boundary and partial gravel off-street parking, plus ample additional parking options for tenants and guests. Convenient location near downtown, local schools, parks, and the Durant Boys & Girls Club. Strong buy-and-hold asset today with an opportunity to renovate the triplex units over time and increase rent value while maintaining occupancy.
Details
| MLS # | 2600121 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 98 |
| Listing Provided By | Office Staging Realty | Brad Aycock |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,378 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.40 |
Exterior
| Lot Features | Corner Lot |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1558 |
|---|
Area Information
| State | OK |
|---|---|
| County | Bryan |
| City | Durant |
| Zip Code | 74701 |
| Community Name | Durant OT |
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Learn More About This Property
| State | OK |
|---|---|
| County | Bryan |
| City | Durant |
| Zip Code | 74701 |
| Community Name | Durant OT |
 | $249,000322 3rdDurant, OK 74701 |
 | $379,000907 N 10th AvenueDurant, OK 74701 |