For Sale
$104,000

525 7Th AveArdmore, OK 73401

High-Yield Duplex, Updated Units, $104k

Overview

Added:
Dec 11, 2024
Days on market:
112
This 1930-built Ardmore duplex presents a compelling investment opportunity at $104,000. Boasting a total of 1,142 square feet across two units, each unit commands a monthly rent of $650, generating substantial rental income. Recent renovations enhance the property's value and appeal, including the installation of commercial vinyl tile flooring, energy-efficient Low-E vinyl windows, fresh paint, new stoves, and updated heating and cooling systems (two window units per unit). Electrical panels have also been upgraded. Each unit benefits from its own electric and water meter, simplifying utility management. The property sits on a sizable 6,534 square foot lot and includes a shared carport. Tenants are responsible for their own lawn maintenance. This turnkey investment offers a strong return on investment with minimal ongoing maintenance requirements, making it an ideal addition to any portfolio. The property is located at 525 7th Ave NW, Ardmore, OK 73401 (Carter County). This single-story building presents a low-maintenance investment opportunity in a desirable location.

Highlights

  • 1930-built Ardmore duplex, 1,142 sq ft, listed at $104,000.
  • Each of the two units rents for $650/month.
  • Recent renovations include new flooring, windows, paint, stoves, HVAC, and electrical panels.
  • Each unit has separate electric and water meters.
  • Situated on a 6,534 sq ft lot with a shared carport; tenants maintain lawns.
  • Turnkey investment with low maintenance in a desirable Ardmore location.

Property Details for 525 7Th Ave

Property type
Residential income homes
Square Feet
1,142 SF
Year Built
1930
Buildings
1
Stories
1

Location Insight

City
Ardmore
County
Carter
State
Oklahoma
Latitude
34.1820746
Longitude
-97.1341499
525 7Th Ave, Ardmore, Oklahoma

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525 7Th Ave
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