918-840-0500

Property

Durant, OK 74701 803 E Florida Street

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Presented By: Better Homes & Gardens, Winans
  • MLS# 2443958
  • 12/15/2024
  • Beds • 15
  • Baths • 12
  • SQFT • 3,488

Home Details

Located just minutes from downtown Durant, this beautifully renovated residential property offers 12 rental units spread across four buildings: 1 duplex (1744 SDF, 2 triplexes (each 2616 SF), and 1 quadriplexd (3488 SF) 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 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.
Presented By: Better Homes & Gardens, Winans

Interior Features for 803 E Florida Street

Bedrooms

Total Bedrooms15

Bathrooms

Half Baths0
Total Baths12

Other Interior Features

LivingAreaSourceAppraiser
Air Conditioning Y/NYes
BasementNone
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Laundry FeaturesWasherHookup
Total Fireplaces
Window FeaturesVinyl

General for 803 E Florida Street

Additional Parcels Y/NNo
AppliancesDryer, Microwave, Oven, Range, Stove, Washer, GasOven, GasWaterHeater
Architectural StyleContemporary
Attached Garage No
Carport Y/NNo
CityDurant
Construction MaterialsMasonite, WoodFrame
Contingency
CoolingCentralAir
CountyBryan
Directions1.9 miles to Durant Intermediate Elementary; 1.3 miles to Durant Middle School, 2.9 miles from Durant High School. From the corner of Washington and E. Main, go east on Main street to SE Robinson. Tu
Electric On Property Y/NNo
Elementary SchoolDurant
Elementary School DistrictDurant - Sch Dist (58)
Exterior FeaturesNone
Facing DirectionNorth
Full Baths12
Garage Spaces0.0
Garage Y/NNo
HOANo
HeatingCentral, Gas
High SchoolDurant
High School DistrictDurant - Sch Dist (58)
Home Warranty Y/NNo
Interior FeaturesCentralVacuum, GraniteCounters, HighSpeedInternet, CeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet56058.0
Lot Size UnitsAcres
Middle/Junior School DistrictDurant - Sch Dist (58)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOccupied
Other StructuresNone
Patio/Porch FeaturesNone
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential
Rent Control Y/NNo
RoofAsphalt, Fiberglass
Security FeaturesNoSafetyShelter, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameHillcrest
Tax Annual Amount4680.0
Tax Year2024
Total Rooms5
UtilitiesNaturalGasAvailable, WaterAvailable
Waterfront Y/NNo
Year Built1983
Year Built SourceOwner

Exterior for 803 E Florida Street

Building Area Total3488.0
Crops Included Y/NNo
FencingNone
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, Wooded
Lot Size Acres1.287
Lot Size Area1.287
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

Schools

Middle School N/A
High School Durant High School
Elementary School Durant Elementary School

Shea Fite

Broker
Price $1,575,000
MLS#2443958
List Date 12/15/2024
Property Type Single Family
Phone 918.407.6133
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