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For sale
  • Price cut: $125K (6/17)
    $1,350,000

    803 E Florida St, Durant, OK 74701

    2beds
    1,458sqft
    : 
    Duplex, Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $926/sqft
    $-- HOA

    What's special

    Stackable washer-dryer
    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.
    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#: 2443958MLS LogoOriginating MLS: MLS Technology
    Travel times

    Tour with a buyer's agent

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    Next available tour time:Today at 11am

    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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