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sales rep | Brivity IDX

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2715 Chattanooga , Ardmore, OK 73401
$1,390,000
Est. Payment: $7,398.16/mo
11340 Sqft
0.71 Acres
Status: active | Days on site: 3
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2464 - 206182
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House Description

12-unit income producing apartment complex in Plainview school District. Exceptional investment opportunity to acquire a well maintained 12 unit multifamily apartment complex located within the highly sought after Plainview school district. This income producing property offers a stable revenue stream, strong cash flow, and attractive long-term investment potential. Each of the 12 units features a spacious two bedroom one bathroom floor plan and includes its own washer and dryer, providing convenience and added value for tenants. Residents also enjoy the warmth and charm of a wood-burning fireplace and a private deck creating desirable living spaces that help attract and retain quality tenants. Significant capital improvements have already been made, including a new roof installed approximately five years ago. Additionally, eight of the twelve units have been remodeled within the last five years, offering updated finishes and reducing future maintenance concerns. The property also includes additional land on the north side of the complex presenting excellent opportunities for future development. Investors may choose to add covered parking, expand amenities, or explore the potential for additional units, creating even greater income producing probabilities. With a proven history of generating consistent income, this property offers strong fundamentals, and the opportunity for continued rent growth and value appreciation. Whether you're looking to expand an existing portfolio or enter the multifamily market, this turnkey asset delivers both immediate cash flow and long-term upside. This is a rare opportunity to acquire a multifamily asset that combines current cash flow, recent improvements, and future expansion potential in one of the areas most desirable school districts! Call for a showing today!

Highlights

Listed by Sarah Newton , (580) 229-5029 Ross Group Real Estate Service , (580) 223-2100. Northeast Oklahoma MLS

Property Type

Commercial Sale

Lot/Acreage
0.71

Year Built

1984

County

Carter

Neighborhood

Champion Station Phase I

School District

Plainview

Listing ID

2620779

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Wet Bar, Ceiling Fan(s)
Water:Public

Exterior Features

Zoning:C1
Roof:Other
Others:
  • ▪ Additional:Sprinkler/Irrigation, Lighting, Storage
Sewer:Public Sewer
Principal Interest
$7,398
Taxes
$894

Home Price

$1,390,000

Loan Details

30 yrs
7%

Down Payment

20%
$278,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,398.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,398.16 $894.33 $0.00 $8,292.50
Yearly $88,777.96 $10,732.00 $0.00 $99,509.96
Total $2,663,338.95 $321,960.00 $0.00 $2,985,298.95
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.

IDX service by Blueroof 360

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

© 2026 Northeast Oklahoma MLS