$1,350,000
$225K PRICE DROP

803 E Florida St Durant, OK 74701

Estimated payment $7,868/month

Total Views 88,956
15 Beds
12 Baths
3,488 Sq Ft
$387 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Granite Countertops
  • Durant Middle School Rated A-
  • Corner Lot
  • No HOA

About This Home

Located just minutes from downtown Durant, this beautifully renovated residential property offers 12 rental units spread across four buildings: 1 duplex (1744 SDF, 2 triplexes (each 2616 SF), and 1 quadriplexd (3488 SF) for a total of 24 bedrooms and 12 baths. Situated on E. Florida St. and Holcomb Ave., the properties are fully leased and have enjoyed minimal vacancy over time, with rents held steady since the renovations.Each unit features 2 bedrooms, 1 bathroom, a kitchen, living room, and bath, offering approximately 872 sq. ft. of living space. (NOTE: There are 12 units - there are 24 bedrooms.) These units are ideal for tenants seeking comfort and convenience, with proximity to local amenities, including Lake Texoma, Choctaw Casino, and the rapidly expanding city of Sherman.With a solid cap rate near 7.5%, this property is an excellent investment opportunity in a growing market. Durant is experiencing strong demand for rental properties, and rents are on the rise. This is the perfect time to invest and be part of the area's growth, driven by nearby developments like new chip plants in Sherman.Addresses include:East Florida St: 803, 805, 807, 809, 811, 813, 815, 817Holcomb Ave: 201, 203, 205, 207Don’t miss out—this property offers both immediate income and long-term potential.

Listing Agent

Carol Layman

Better Homes & Gardens, Winans License #210360 Listed on: 12/15/2024

Better Homes & Gardens, Winans

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1983

Lot Details

  • 1.29 Acre Lot
  • North Facing Home
  • Corner Lot
  • Wooded Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Masonite
  • Asphalt

Interior Spaces

  • 3,488 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Vinyl Clad Windows
  • Vinyl Plank Flooring
  • Fire and Smoke Detector

Kitchen

  • <<OvenToken>>
  • Stove
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Granite Countertops

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 12 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Durant Elementary School
  • Durant High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Hillcrest Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,680

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: 1.9 miles to Durant Intermediate Elementary; 1.3 miles to Durant Middle School, 2.9 miles from Durant High School. From the corner of Washington and E. Main, go east on Main street to SE Robinson. Turn right. Go a short distance to E. Florida St. on the left. Properties will be on the right side of the road, with the quad being on Holcomb Avenue.
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Year Built: 1983
  • Lot Size Acres: 1.287
  • Subdivision Name: Hillcrest
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Central Vacuum, Granite Counters, High Speed Internet, Ceiling Fan(s), Gas Oven Connection
  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Stove, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 12
  • Total Bedrooms: 15
  • Fireplace: No
  • Flooring: Vinyl
  • Living Area: 3488.0
  • Window Features: Vinyl

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Lot Features: Corner Lot, Wooded
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Masonite, Wood Frame
  • Direction Faces: North
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Asphalt, Fiberglass

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Water Available
  • Water Source: Public
  • Laundry Features: Washer Hookup
  • Security: No Safety Shelter, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Durant
  • Elementary School: Durant
  • Junior High Dist: Durant - Sch Dist (58)

Lot Info

  • Lot Size Sq Ft: 56058.0
  • Additional Parcels: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4680.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $1,350,000 -8.5% $387 / Sq Ft
05/09/2025 05/09/25 Price Changed $1,475,000 -6.3% $423 / Sq Ft
12/15/2024 12/15/24 For Sale $1,575,000 -- $452 / Sq Ft
Source: MLS Technology

About the Listing Agent

Carol Layman
Carol Layman

Better Homes & Gardens, Winans

(580) 396-1155

Section Image

"Home in the most beautiful word." Your home provides a safe and comfortable place where you and your family can grow, share, and be yourself. Because it is so important in your growth, the process of buying and selling needs strong direction and help. Home buying is an emotional experience that is a commitment for a long period in your life so it's important to choose your real estate agent wisely.

A love of people and a heart to serve have been a part of Carol’s life for as long as she

View Carol's Profile

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Source: MLS Technology

MLS Number: 2443958

MLS Technology

Oklahoma Bryan County Durant 74701

803 E Florida St, Durant, OK

This home is located at 803 E Florida St, Durant, OK 74701 and is currently priced at $1,350,000, approximately $387 per square foot. This property was built in 1983. 803 E Florida St is a home located in Bryan County with nearby schools including Robert E. Lee Elementary School, Durant Middle School, and Durant Intermediate Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Technology IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Carol Layman
Carol Layman
Listing Agent Section Image
Better Homes & Gardens, Winans
(580) 396-1155