Ardmore, OK 73401
2715 Chattanooga, Ardmore, OK 73401
11,340 sq ft · Built 1984
Listing courtesy of Ross Group Real Estate Service · Sarah Newton · (580) 223-2100
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The details
About this home
12-unit income producing apartment complex in Plainview school District. Exceptional investment opportunity to acquire a well maintained 12 unit multifamily apartment complex located within the highly sought after Plainview school district. This income producing property offers a stable revenue stream, strong cash flow, and attractive long-term investment potential. Each of the 12 units features a spacious two bedroom one bathroom floor plan and includes its own washer and dryer, providing convenience and added value for tenants. Residents also enjoy the warmth and charm of a wood-burning fireplace and a private deck creating desirable living spaces that help attract and retain quality tenants. Significant capital improvements have already been made, including a new roof installed approximately five years ago. Additionally, eight of the twelve units have been remodeled within the last five years, offering updated finishes and reducing future maintenance concerns. The property also includes additional land on the north side of the complex presenting excellent opportunities for future development. Investors may choose to add covered parking, expand amenities, or explore the potential for additional units, creating even greater income producing probabilities. With a proven history of generating consistent income, this property offers strong fundamentals, and the opportunity for continued rent growth and value appreciation. Whether you're looking to expand an existing portfolio or enter the multifamily market, this turnkey asset delivers both immediate cash flow and long-term upside. This is a rare opportunity to acquire a multifamily asset that combines current cash flow, recent improvements, and future expansion potential in one of the areas most desirable school districts! Call for a showing today!
Price history
History from MLS records since this home was listed.
Monthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $1,390,000 price, 20% down, 30-year fixed rate at 7.11% (APR 7.11%). Includes taxes and insurance; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.
An annual tax record is not available. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.
- Principal & interest
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- Property taxes
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- Home insurance
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- HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Nov 12, 2026, via FRED. An average, not a quote.
Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.
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Liberty Link Group · licensed insurance agency
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Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
This is not a loan application, a rate quote, an offer of credit or a commitment to lend. Loan approval depends on the lender's review.
Equal Housing Opportunity.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
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SoldListing provided courtesy of Sarah Newton, Ross Group Real Estate Service · (580) 223-2100 · [email protected] . Status: Active.
Listing information provided by MLS Technology, Inc. (Tulsa).
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.
Listing data last updated Aug 20, 2026, 9:25 AM CT. MLS # 2620779. Displayed by Homestead & Co, a licensed Oklahoma real estate brokerage.
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