803 E Florida Street, Durant, OK 74701
Local realty services provided by:ERA CS Raper & Son
803 E Florida Street,Durant, OK 74701
$250,500
- 2 Beds
- 1 Baths
- 1,456 sq. ft.
- Multi-family
- Active
Listed by: carol layman
Office: better homes & gardens, winans
MLS#:2602026
Source:OK_NORES
Price summary
- Price:$250,500
- Price per sq. ft.:$172.05
About this home
Located near vibrant downtown Durant, this beautifully renovatedf FULL 2-UNIT DUPLEX is being offered as part of a TURNKEY 12-UNIT MULTIFAMILY investment package which must be sold together with the remaining three buildings. The full offering consists of: one 2-unit DUPLEX, two 3-unit TRIPLEXES, and one 4-unit QUADPLEX totalling 12 residential units which have a strong historical operating performance and stabilized income profile. **Note: In this listing, numbers will reflect one unit of the 2 units, but 2 units are being sold. Each unit of 2-unit duplex has approximately 728 SF - (CH).
The duplex and both triplexes are located on E. Florida Street, while the fourplex is located on E. Holcomb Ave. Each of the units in this offering features 2 bedrooms, 1 bathroom, a full kitchen, and living area. 2024 represents the first fully stabilized year following a phased renovation; prior years reflect intentional construction downtime rather than operational vacancy.
All units are currently leased with a historically strong occupancy rate (approximately 96%). Rents were recently increased with no tenant loss, reflecting strong local demand. The properties were renovated several years ago and inspected in December 2025, with repairs addressed at that time.
This package offers stable income, strong cash flow, and an attractive cap rate, making it well-suited for investors seeking a consolidated, turnkey multifamily portfolio. Conveniently located near Lake Texoma, Choctaw Casino & Resort, and within close proximity to Sherman, TX, which is experiencing significant growth driven by major semiconductor manufacturing expansion.
Don’t just watch the growth—be part of it.
These are the other MLS numbers for the buildings included in this portfolio: 2602038, 2602044, and 2602053.
Contact an agent
Home facts
- Year built:1983
- Listing ID #:2602026
- Added:23 day(s) ago
- Updated:February 13, 2026 at 04:01 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,456 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Gas
Structure and exterior
- Year built:1983
- Building area:1,456 sq. ft.
- Lot area:1 Acres
Schools
- High school:Durant
- Elementary school:Durant
Finances and disclosures
- Price:$250,500
- Price per sq. ft.:$172.05
- Tax amount:$721 (2026)
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