19 2Nd AveArdmore, OK 73401

Property Details for 19 2Nd Ave

Year built

1945

Lot size

0.17 AC

Property size (Sq ft)

3,710 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a five-unit multifamily property nestled in the heart of downtown Ardmore, Oklahoma. The property boasts a total of 3,710 square feet situated on a 0.17-acre lot. Built in 1945, this two-story building comprises four apartment units – two on the ground floor and two on the upper level – and a detached, single-family "tiny home" in the rear. The tiny home generates an additional $1,000 monthly rental income, inclusive of utilities. All units have recently undergone updates. This property offers a unique zoning advantage: it allows for commercial use on the lower level and residential use on the upper level, presenting significant flexibility for future development or income diversification. The asking price is $400,000, translating to a price per square foot of $107.82. Located at 19 2nd Avenue, Ardmore, OK 73401, this property is ideally situated near Dew Drop/Cafe Alley, with neighboring properties also available for purchase. This is a rare opportunity to acquire a well-maintained, income-generating multifamily property in a desirable downtown location with unique zoning potential.

Location Insight

City

Ardmore

County

OK

State

Oklahoma

Latitude

34.1752

Longitude

-97.1264

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