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Listing 2638596 , Ardmore, OK 73401
$275,000
Est. Payment: $1,463.67/mo
2 Bath
2480 Sqft
0.73 Acres
Status: active | Days on site: 1
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3415 - 183227
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House Description

TURNKEY DUPLEX INVESTMENT OPPORTUNITY WITH DEVELOPMENT POTENTIAL! Don't miss this extensively remodeled, income-producing duplex situated on approximately 0.73 acres! This property offers TWO spacious rental units with a combined 7 bedrooms and 3 bathrooms, currently generating $2,550 per month in rental income! $30,600 yearly with full occupancy. The property has undergone a comprehensive renovation, including updated plumbing, electrical, and mechanical systems, with improvements completed to bring the property up to applicable city codes. Both units are currently tenant-occupied, providing an opportunity for immediate rental income. One unit offers 4 bedrooms and 2 bathrooms, currently renting for $1,400 per month, while the second features 3 bedrooms and 1 bathroom, renting for $1,150 per month. ADDITIONAL INVESTMENT POTENTIAL! With approximately 0.73 acres, the property may offer an opportunity to expand and potentially construct additional multifamily housing, subject to city zoning, approval, and development requirements. Seller is a licensed Oklahoma Real Estate Broker and is selling as part of an investment restructuring, not due to any known issues with the property. Whether you're looking to expand your rental portfolio or explore future development opportunities, this property offers income today with potential for tomorrow! Broker/Owner

Highlights

Listed by Emily King , (580) 222-1452 I Sell Houses Real Estate Co , (580) 222-7811. Northeast Oklahoma MLS

Property Type

Multi-Family

Lot/Acreage
0.73

Year Built

1950

County

Carter

Neighborhood

Ardmore City

School District

Ardmore - Sch Dist (AD2)

Listing ID

2638596

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Water Heater, Oven, Range
Air Cond:Central Air
Fireplaces:
Floor:Vinyl
Basement:Crawl Space
Other:
  • ▪ Additional:Electric Range Connection
Water:Public

Exterior Features

Roof:Other
Sewer:Public Sewer
Principal Interest
$1,464
Taxes
$68

Home Price

$275,000

Loan Details

30 yrs
7%

Down Payment

20%
$55,000
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Monthly Price:
$1,463.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,463.67 $67.67 $0.00 $1,531.33
Yearly $17,563.99 $812.00 $0.00 $18,375.99
Total $526,919.58 $24,360.00 $0.00 $551,279.58
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Ardmore, OK).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by the Northeast Oklahoma MLS, and is deemed reliable but not guarenteed accurate.

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Data last updated: 2026-11-12T17:46:01.000Z

© 2026 Northeast Oklahoma MLS