Large beautifully renovated residential rental property located just minutes from downtown Durant - this unit represented here is 1 of 12 rental units spread across four buildings: 1 duplex - 2 units (CH - 1458 SF duplex - each unit is 729 SF), 2 triplexes - 6 units (CH - 2553 SF - each unit is 851 SF), and 1 quadriplex - 4 units (3500 SF - 4 units) for a total of 24 bedrooms and 12 baths. Situated on E. Florida St. and Holcomb Ave., the properties are fully leased and have enjoyed minimal vacancy over time, with rents held steady since the renovations. Each unit has a refrigerator, stove, microwave, stackable washer-dryer, and a front and back concrete porch. With a 10% cap rate, this propery (one abstract for all 4 buildings) is a great opportunity with incoming income from your first day of ownership.
Each unit features 2 bedrooms, 1 bathroom, a kitchen, living room, and bath, offering approximately 872 sq. ft. of living space. (NOTE: There are 12 units - there are 24 bedrooms.) These units are ideal for tenants seeking comfort and convenience, with proximity to local amenities, including Lake Texoma, Choctaw Casino, and the rapidly expanding city of Sherman.
With a solid cap rate near 7.5%, this property is an excellent investment opportunity in a growing market. Durant is experiencing strong demand for rental properties, and rents are on the rise. This is the perfect time to invest and be part of the area's growth, driven by nearby developments like new chip plants in Sherman.
Addresses include:
East Florida St: 803, 805, 807, 809, 811, 813, 815, 817
Holcomb Ave: 201, 203, 205, 207
Don’t miss out—this property offers both immediate income and long-term potential.
For sale
Price cut: $125K (6/17)
$1,350,000
803 E Florida St, Durant, OK 74701
2beds
1,458sqft
Est.:
Duplex, Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$926/sqft
$-- HOA
What's special
Stackable washer-dryer
- 248 days
- on Zillow |
- 262 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 12:45pm
Listed by:
Carol Layman 903-814-8845,
Better Homes & Gardens, Winans
Source: MLS Technology, Inc.,MLS#: 2443958
Originating MLS: MLS Technology

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Description: Bedroom,
- Level: First
Bedroom
- Description: Bedroom,
- Level: First
Bathroom
- Description: Hall Bath,
- Level: First
Dining room
- Description: Dining Room,
Kitchen
- Description: Kitchen,
- Level: First
Living room
- Description: Living Room,
- Level: First
Heating
- Central, Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Gas Water Heater, Microwave, Oven, Range, Stove, Washer
- Laundry: Washer Hookup
Features
- Granite Counters, High Speed Internet, Ceiling Fan(s), Gas Oven Connection
- Flooring: Vinyl
- Windows: Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,458
- Total interior livable area: 1,458 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: None
- Pool features: None
- Fencing: None
Lot
- Size: 1.04 Acres
- Features: Corner Lot, Wooded
Details
- Additional structures: None
- Parcel number: A 12000002002000000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Duplex, Multi Family
Materials
- Masonite, Wood Frame
- Foundation: Slab
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Water Available
Community & HOA
Community
- Security: No Safety Shelter, Smoke Detector(s)
- Subdivision: Hillcrest
HOA
- Has HOA: No
Location
- Region: Durant
Financial & listing details
- Price per square foot: $926/sqft
- Annual tax amount: $4,680
- Date on market: 12/15/2024
- Listing terms: Conventional
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