Agent profile image in chat bubble
Agent profile image in chat header

IDX Support

sales rep | Brivity IDX

Agent profile image in message

116 W Morgan St , Tahlequah, OK 74464
$399,000
Est. Payment: $2,123.65/mo
6185 Sqft
0.36 Acres
Status: active | Days on site: 151
Get Pre-Qualified
4116 - 170941
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Downtown Tahlequah Investment Opportunity with Immediate Income & Value-Add Potential! Located on a prime corner lot on Morgan Street in Downtown Tahlequah, this multi-structure property offers a rare combination of current rental income and future upside. Positioned within walking or biking distance to Northeastern State University and just steps from local shops, dining, and entertainment, the location is ideal for long-term rental demand. The property includes a remodeled 2 bedroom, 1 bathroom single-family home that is move-in ready, along with a fourplex where 3 units are currently leased and have been updated, while 1 is ready for renovations. In addition, there is a separate front building that is unfinished and ready for renovation, offering excellent value-add potential for additional rental income, office space, or other creative use. Situated next to The Franklin Castle Event Venue, the property benefits from strong visibility and a highly desirable downtown setting. The corner lot layout allows for multiple access points and functional separation between structures. Whether you’re looking to expand your investment portfolio, house hack, or create a mixed-use downtown property, this opportunity offers both stability and room to grow.

Highlights

Listed by Tyler Shockley , (918) 635-0245 The Shockley Group , (918) 212-6122. Northeast Oklahoma MLS

Property Type

Commercial Sale

Lot/Acreage
0.36

Year Built

1950

County

Cherokee

Neighborhood

Tahlequah Lots

School District

Tahlequah - Sch Dist (C1)

Listing ID

2614099

Questions about this listing?

Contact Agent

Interior Features

Air Cond:3+ Units
Fireplaces:
Basement:Crawl Space
Water:Public

Exterior Features

Zoning:DMX
Roof:Composition
Sewer:Public Sewer
Principal Interest
$2,124
Taxes
$142

Home Price

$399,000

Loan Details

30 yrs
7%

Down Payment

20%
$79,800
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:
$2,123.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,123.65 $141.58 $0.00 $2,265.23
Yearly $25,483.75 $1,699.00 $0.00 $27,182.75
Total $764,512.40 $50,970.00 $0.00 $815,482.40
Lender profile image
Chico Gordy
Test
GET PRE-QUALIFIED

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Tahlequah, 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: 2026-11-12T19:43:46.000Z

© 2026 Northeast Oklahoma MLS