803 E Florida Street, Durant, OK 74701
Local realty services provided by:Better Homes and Gardens Real Estate Paramount



803 E Florida Street,Durant, OK 74701
$1,350,000
- 2 Beds
- 1 Baths
- 1,458 sq. ft.
- Multi-family
- Active
Listed by:carol layman
Office:better homes & gardens, winans
MLS#:2443958
Source:OK_NORES
Price summary
- Price:$1,350,000
- Price per sq. ft.:$925.93
About this home
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.
Contact an agent
Home facts
- Year built:1983
- Listing Id #:2443958
- Added:241 day(s) ago
- Updated:August 15, 2025 at 04:53 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,458 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Gas
Structure and exterior
- Year built:1983
- Building area:1,458 sq. ft.
- Lot area:1.04 Acres
Schools
- High school:Durant
- Elementary school:Durant
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$925.93
- Tax amount:$4,680 (2024)
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