315 E Modoc Ave Mcalester, OK 74501
Property details
About 315 E Modoc Ave
TURN KEY RENTAL INVESTMENT OF 8 UNITS, FULLY OCCUPIED WITH MANY CAPITAL IMPROVEMENTS COMPLETED. Modoc Apartments is an upscale three-unit apartment with a two-story 4-plex and two duplexes. The 4-plex offers 3 bedrooms and 2.5 bathrooms with a two-car garage, washer/dryers, refrigerators, stoves, microwaves, and dishwashers. The roof and gutters are less than 2 years old. The duplex facing Modoc has 2 spacious bedrooms and 2 full bathrooms, appliances, and a single-bay garage. The most recently built duplex, facing 3rd street, is a 2 bedroom plus an office area and two car garage with appliances. Currently, the owner pays for water/trash and yard maintenance and has invested a lot into capital improvements, such as central heat and air, painting, flooring, roof, gutters, french drain, and more. NOI is $81,265.68 after management fees, taxes, insurance, water, and lawn and CAP is 6.25%
Highlights
Summary
- Partial Bathrooms: 4
- Full Bathrooms: 8
- Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Stove, Washer, Electric Oven, Electric Range, Electric Water Heater
- Basement: No
- Flooring Type: Carpet, Tile, Vinyl
- Interior: High Ceilings, High Speed Internet, Other, Cable TV, Vaulted Ceiling(s), Ceiling Fan(s)
- Total Bedroom Count: 12
- Garage Space: 8 spaces
- Attached Garage: Yes
- Parking: Attached, Garage
- Exterior: Concrete Driveway, None
- Architectural Style: Ranch
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $1,250,000
- Price/SqFt: $95
- Directions: From Business 69, travel east on south street, to 3rd to modoc
- Year Built: 1999
- Stories: 2
- Living Area: 13,149 SqFt
- Lot Size: 0.721 Acres
- MLS Number: 2501537
- MLS Name: TULSA
- Office Name: Leader Group Realty, LLC
- Office Phone: (918) 423-9458
- Office Email: balchk@sbcglobal.net
- Listing Agent: Kristy Balch
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,250,000
315 E Modoc Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
6
Will Rogers Elementary School
Public District 1-4
0.7 mi
•1200 E South Ave
5
Emerson Elementary School
Public District 1-4
1.6 mi
•301 E Van Buren Ave
7
Edmond Doyle Elementary School
Public District 1-4
2.8 mi
•520 E Smith Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,278. Typical income of Mcalester, OK residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Family Dollar
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Dominos Pizza
What do the neighbors drive?
Chevrolet
Buick
Ford
What do the neighbors listen to?
Country
Oldies
New Country
This home is located at 315 E Modoc Ave in Mcalester, OK and zip code 74501. This 13,149 square foot home, which was built in 1999, sits on a 0.72 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $1,250,000.
Mcalester, OK housing market in April 2025 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 7 sold below. The inventory of homes for sale in Mcalester, OK between March and April 2025 increased by 23.7%. Listings spent 62 days on the market in April 2025, and had a median list price of $160,000 during the same period.