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
- 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: 3/14/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,250,000
315 E Modoc Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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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. The majority of Mcalester, OK residents have income less than $<35k annually. Typical family type is 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.
In February 2025, from all listings sold in Mcalester, OK there were more than 1 sold above asking price, over 8 sold below and more than 2 were sold right at the asked price. The number of listings in Mcalester, OK remained the same between January and February 2025. In February 2025 median list price was $160,000 and the average listing age was 35 days.