Listing
$840,000
214 W••••• Maple Ave (Sign up for 50 free credits to unlock)Stillwater, OK 74074
Property Description
100% OCCUPIED - LEASED THROUGH MAY/JUNE 2027 - 3 BLOCKS TO OSU! Excellent investment opportunity within easy walking distance of Oklahoma State University! This well-maintained 6-unit apartment complex features three units upstairs and three downstairs. Each spacious unit offers approximately 970 sq. ft. with 2 bedrooms, 1 bathroom, an open-concept living room and kitchen, and a stackable washer and dryer. Granite countertops throughout, luxury vinyl plank flooring throughout. All six units were completely remodeled in Fall 2020/Spring 2021, providing updated interiors and an attractive, established rental property. A gated front courtyard creates a welcoming community atmosphere for residents, while ample on-site parking accommodates full occupancy. The property has a strong rental history and is currently 100% occupied, with all units leased through May or June 2027, providing an incoming owner with established tenants and immediate rental income. The current owner pays utilities other than tenant internet and/or cable. Beginning in May 2027, the planned utility structure is for the owner to pay water only, due to the property having a single water meter, with tenants responsible for all other applicable utilities. With its exceptional location just 3 blocks from the OSU campus, spacious 970 sq. ft. units, updated interiors, in-unit laundry, gated courtyard, adequate parking, and established occupancy, this property offers an attractive opportunity for an investor seeking a stabilized multifamily property in a highly desirable rental location. For current rental rates, rent roll information, lease details, and additional financial information, please inquire.
Property Facts & Features
- Property Type
- Multi Family
- Status
- For Sale
- Listed
- Sep 30, 2026
- Price per Sq Ft
- $144/sqft
- ZIP Code
- 74074
- Full Baths
- 4
- Stories
- 2
- Parking
- Ground Level
- Heating
- Forced Air
- Cooling
- Central
- Property Tax (2025)
- $5,401/yr
- Assessed Value
- $56,001
- Last Sold
- $330,000 · May 6, 2014
- County
- Payne
- School District
- Stillwater School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 8
Bathrooms
- Full Bathrooms: 4
Utilities
- Electric: City
- Gas: Natural
- Sewer: City
- Water Source: City
Appliances
- Range
- Hood
- Refrigerator
- Garbage Disposal
- Laundry Features: Washer, Dryer
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 6
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 2
- Bedrooms in Unit-4: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-3: 1
- Full Bathrooms in Unit-4: 1
- Unit-1 Square Feet: 970
- Unit-2 Square Feet: 970
- Unit-3 Square Feet: 970
- Unit-4 Square Feet: 970
- Unit 1 Total Actual Rent: 1200
- Unit 2 Total Actual Rent: 1200
- Unit 3 Total Actual Rent: 1200
- Unit 4 Total Actual Rent: 1200
Garage and Parking
- Parking Features: Ground Level
Heating and Cooling
- Cooling Features: Central
- Heating Features: Forced Air
- Heating: Yes
Other Property Info
- Annual Tax Amount: 7341
- Source Listing Status: Pending
- County: Payne
- Directions: From Duck St and Maple Ave, go East on Maple to building on North side of the street. Or... From Main St. and Maple Ave, go west on Maple to building on north side of the street.
- Tax Year: 2026
- Area: Southwest
- Source Neighborhood: E College Addit
- Subdivision: E College Addit
- Zoning: Multi Family Stw
- Property Subtype: Apartments
Building and Construction
- Total Square Feet Living: 5824
- Year Built: 1974
- Building Exterior Type: Brick Veneer
- Property Age: 52
- Roof: Composition
- Levels or Stories: 2
Exterior and Lot Features
- Road Surface Type: Paved
- Patio: Yes
Amenities and Community Features
- Fenced Area
- Patio
- Slab
Location
Lat 36.12097 · Lng -97.06108