For Sale
$489,000

58 Devine Pl Ardmore, OK 73401

Three rental homes, 4.28 acres, high rental income.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
Exceptional investment opportunity featuring three income-producing rental properties situated on a spacious 4.28-acre lot in Springer, Oklahoma. This mixed-use property, comprised of factory-built homes, offers a combined total of approximately 1,750 to 2,000 square feet of living space. Each home boasts four bedrooms, with three bathrooms in two of the homes and two bathrooms in the third. Currently, all three homes are occupied by tenants, generating a combined monthly rental income of $5,200. The lease terms vary, with one month-to-month tenancy and two leases expiring in August 2024 and January 2025, respectively. The property is conveniently located near Lake Jean Neustadt and within six miles of Ardmore High School. The expansive lot size of 186,437 square feet presents significant potential for future development, allowing for the addition of more homes to further increase rental income. This property is zoned without restrictions, making it an ideal investment for building a portfolio or creating a substantial family compound. The asking price for this turnkey investment is $489,000. Built in 2004, this single-story property offers a compelling blend of immediate income and long-term growth potential.

Highlights

  • Three income-producing rental homes on a 4.28-acre lot in Springer, OK.
  • Approx. 1,750-2,000 sq ft total living space; each home features four bedrooms and two or three bathrooms.
  • Currently generating $5,200 monthly rental income from occupied units.
  • Lease terms vary; one month-to-month, two expiring in 2024 and 2025.
  • Located near Lake Jean Neustadt and six miles from Ardmore High School; 186,437 sq ft lot allows for future expansion.
  • Unrestricted zoning; ideal for portfolio building or family compound.

Property Details for 58 Devine Pl

Property type
Mixed-use properties
Square Feet
1,750 SF
Year Built
2004
Stories
1

Location Insight

City
Ardmore
County
Carter
State
Oklahoma
Latitude
34.2744532
Longitude
-97.1550672

Nearby Similar for Sale

  • For Sale
    $950,000

    Downtown Ardmore Mixed-Use Investment

    Historic building, 100% occupied, high cap rate.

    27 Broadway St
    Ardmore, OK
    View Details
  • For Sale
    Off market

    Ardmore Mixed-Use Space Available

    810 sq ft, Newly Renovated, High Traffic

    1052 Northwest Ave
    Ardmore, OK
    View Details
  • For Sale
    $95,000

    Ardmore Mixed-Use Commercial Space

    High-traffic location, versatile 2,520 sq ft.

    227 Sam Noble Pkwy
    Ardmore, OK
    View Details
  • For Sale
    $399,000

    Ardmore Mixed-Use Commercial Property

    Spacious 3,000 sq ft building, ideal for various uses.

    603 Lake Murray Dr
    Ardmore, OK
    View Details
  • For Sale
    $1,900,000

    Ardmore Mixed-Use Commercial Building

    Prime Location, High Potential, 100+ Parking Spaces

    2303 Knox Rd
    Ardmore, OK
    View Details
  • For Sale
    $255,000

    Ardmore Mixed-Use Investment Opportunity

    Historic Downtown Ardmore Retail & Residential Building

    28 Washington St
    Ardmore, OK
    View Details

FAQs

What type of property is this?
Mixed-use property - Three rental homes, 4.28 acres, high rental income.
Where is the mixed-use property located?
The property is located at 58 Devine Pl Ardmore, OK.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Three income-producing rental homes on a 4.28-acre lot in Springer, OK.; Approx. 1,750-2,000 sq ft total living space; each home features four bedrooms and two or three bathrooms.; Currently generating $5,200 monthly rental income from occupied units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Kori Thompson
Kori Thompson
Visit Broker Website

Learn more

Useful Information

Request information

Devine Pl
Ardmore, OK 73401

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Devine Pl
Ardmore, OK 73401

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

58 Devine Pl
  • Kori Thompson
    Kori Thompson
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.