This is an excellent opportunity to purchase a multi-family property that consists of 8 rent units, 2 fully rented RV spots, and an onsite laundry facility. The property is located within one mile of I-35 and just 15 minutes North of the Texas border. Over the years, this investment property has experienced steady rent growth and currently boasts a 100% occupancy rate with a waiting list. At the list price, the property has over a 12% cap rate on actuals, making it a profitable investment. Don't miss out on this opportunity to invest in a property that stays fully occupied year-round.
Sold for $625,000
$625,000
11889 Indian Trails Rd, Marietta, OK 73448
--beds
5,324sqft
Multi Family
Built in 1980
-- sqft lot
$435,100 Zestimate®
$117/sqft
$1,623 Estimated rent
Home value
$435,100
$326,000 - $548,000
$1,623/mo
Zestimate® history
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Owner options
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$1,623/mo
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Learn more$1,623/mo
Rent Zestimate®
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$3,623/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: March 20, 2024 at 01:06pm
Listed by:
Brad Huffman 405-409-2928,
eXp Realty, LLC
Bought with:
Jeremy Parks, 204298
eXp Realty, LLC
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1067005
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total structure area: 5,324
- Total interior livable area: 5,324 sqft
Property
Lot
- Size: 1.19 Acres
- Features: Corner Lot
Details
- Parcel number: 11889NONEIndianTrails73448
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick & Frame
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1980
Community & neighborhood
Location
- Region: Marietta
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/5/2024 | Listed for rent | $1,000-20% |
Source: Zillow Rentals Report a problem | ||
| 3/27/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/21/2024 | Listed for rent | $1,250+19% |
Source: Zillow Rentals Report a problem | ||
| 1/31/2024 | Sold | $625,000$117/sqft |
Source:  MLSOK/OKCMAR as distributed by MLS GRID #1067005 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,846 +10.4% | $16,530 +5% |
| 2023 | $1,672 +8% | $15,742 +5% |
| 2022 | $1,548 -0.1% | $14,993 |
Find assessor info on the county website
Neighborhood: 73448
Nearby schools
GreatSchools rating
- 7/10Marietta Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Marietta Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Marietta High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Marietta ES
- Middle: Marietta MS
- High: Marietta HS
Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oklahoma
- Love County
- Marietta
- 73448
- 11889 Indian Trails Rd