203 Hopkins Avenue Poteau, OK $ 399,000
203 Hopkins Avenue
$ 399,000
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203 Hopkins Avenue

Poteau, OK, 74953
$ 399,000
Baths0.0 Sq 3,600

Monthly Estimate*

$ 2,652

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Studio

Multi-Family Home for sale in Poteau, OK

for $399,000. This 3,600 square foot home was built in 1965 on a lot size of 0.9642.

Investment Opportunity: 203 Hopkins Ave, Poteau, OK Multi-Family Residence Investors take note: 203 Hopkins Ave is a remarkable opportunity in Poteau, OK. This multi-family property has 8 units rented for $500/month on 12 month lease. Each of these units offer 2-bedroom, 1 bathroom, approximately 450 sq. ft., Oven Range, Refrigerator, AC/Heat split unit, electric water heater, and combination of carpet and vinyl flooring. Key Highlights: Excellent Cash Flow Potential: With a strong occupancy history, this property promises a stable income stream. Desirable Location: Situated on the corner of Hopkins and Folsom St, less than a mile from the Poteau High School and Broadway (main street through Poteau), this property is near all your major conveniences including shopping, hospitals, clinics, restaurants and more, the location attracts a consistent rental market and assures high demand. Additional Lot: The property comes with additional acreage, leaving room for expansion of the apartments or whatever your imagination could think of. Turnkey Units: Each unit features Oven Range, Refrigerator, AC/Heat split unit, electric water heater, and combination of carpet and vinyl flooring. Well-Maintained Building: Pride of ownership shows in the well-maintained exterior and common spaces. Additional Advantages: On-site amenities including parking lot for tenants. Proximity to major employment centers and economic hubs User-friendly lease terms encourage long-term tenancy. Meticulously landscaped grounds, providing an attractive setting for residents. This property is not just a building; it's a stable asset offering both immediate returns and long-term value appreciation. Whether you're expanding your portfolio or stepping into multi-family investments, this asset presents a strategic acquisition in a growth-oriented market. To schedule an exclusive property tour or for more information call us today!

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Multi-Family Pending

Price

$ 399,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,329

Style

Apartment

Lot Size

0.9642

Year Built

1965

Town/City

Poteau

County/Region

Le Flore

MLS | Web ID

1071431

Features
General
Heating Electric Other
Cooling Electric
Roof Architectural Shingle
Appliances SomeElectricAppliances ElectricWaterHeater Range Refrigerator RangeHood
Exterior Features ConcreteDriveway
Security Features SmokeDetectors
Construction Materials Brick Masonite
Year Built 1965
Stories 2
Levels Two
Property SubType Apartment
Gross Income 48000.0
Community Features NearFireStation NearHospital NearSchools Park Shopping
County Leflore
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Poteau Main Town
Garage Y/N N
Special Listing Conditions None
Status Pending
Directions 203 Hopkins Ave Poteau OK 74953
City Poteau
View Y/N N
Senior Community Y/N N
High School District Poteau
Total Units 1
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Hopkins
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2329.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/203-Hopkins-Avenue-Poteau-OK-74953/unbranded
Days on Market 36
Standard Status Pending
Middle/Junior School District Poteau
Elementary School District Poteau
Year Built Source PublicRecords
Tax Lot 4 5 6
Property Sub Type Additional Apartment MultiFamily
Legal Description POTEAU BLK 52 LOTS 4 5 & 6 B1772 P491 B1930 P953 B1941 P178 B1959 P480 1979 UNKNOWN S/N UNKNOWN.
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Interior
Flooring Carpet Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
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Exterior
Fencing None
Parking Features ParkingLot
Lot Features CornerLot CityLot NearPark
Lot Size Area 0.9642
Foundation Details Slab
Spa N
Lot Dimensions Irregular
Lot Size Acres 0.9642
Road Surface Type Paved
Lot Size Units Acres
Covered Spaces 0.0
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 203
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* Excluded Features
List By
Shockley-Cooper Realty & Auctions

Broker

brian@shockleycooper.com

Email

Affordability Calculator

$2,846
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,652
Monthly Property Taxes
$194
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4619247 Elementary School
4619249 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$399,000 Listed Price

Map


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203 Hopkins Avenue, Poteau, OK, 74953 is a Multi-Family Home for sale at $399,000 with 3,600 sqft and a lot size of 0.9642. 203 Hopkins Avenue is a studio with 0.0 baths and was built in 1965. The property's zip code is 74953 which is in Poteau, OK