Browse All Stillwater OK Multi-Family Properties for Sale

INVESTMENT OPP — CURRENTLY LEASED AT $6,150/MO | 7.25% CAP RATE | 3% ANNUAL RENT ESCALATOR | APPROX. 3 YRS REMAINING ON LEASE Rare investment opportunity in the heart of Stillwater offering established income today and significant long-term flexibility. The property is currently occupied under a triple-net (NNN) lease and has a 12+ month history of consistent rent payments, providing buyers with an established tenant and income stream. The property has also benefited from recent improvements, including a brand-new suppression system and additional work completed to address current code requirements, adding meaningful value for an incoming owner. Situated on approximately 2 acres near major employment and education, this unique property offers more than 6,000 SF of flexible space with 20 bedroom / 10 bathrooms. Originally constructed for group housing use, the property features expansive common areas, multiple offices, large gathering spaces, a commercial-style kitchen area, extensive parking, outdoor patio space, mature trees, flower beds, and a park-like setting. Beyond the existing lease, the property’s size, configuration, location, and acreage provide extensive long-term optionality for an investor. The versatile floor plan may accommodate a variety of future uses or repositioning strategies, subject to buyer verification of zoning, licensing, occupancy requirements, and intended use. Substantial outdoor space includes garden areas, open green space, and room for a variety of recreational or operational needs. With an existing NNN lease, a proven history of consistent rent payments, contractual annual rent growth, recent property improvements, and significant flexibility for future use, this property offers a compelling combination of current cash flow and long-term investment potential in Stillwater. Buyer to verify all information, measurements, lease terms, financial information, zoning, permitted uses, code compliance, licensing, and occupancy requirements.

908 E 12th Avenue, Stillwater

$1,625,000

16 Beds ⋅ 1232531 MLS

Welcome to The Courts — an exceptional investment opportunity in the heart of Stillwater and a stone's throw to OSU and the Strip. Located just a 9-minute walk from Oklahoma State University and tucked behind the tennis courts off Washington Street, these brand-new 4-bedroom, 4-bathroom townhomes are redefining luxury student living. Scheduled for an August 15th move-in, one unit is already leased at $3,400 per month, while the remaining units are currently being marketed for $2,900 per month. Each residence will feature stainless steel appliances, marble countertops, and luxury vinyl plank flooring, delivering a modern and elevated living experience designed to appeal to today’s student renters. Positioned just minutes from OSU’s campus, the iconic Strip, and Sprouts, The Courts combines convenience, style, and strong rental potential in one of Stillwater’s most desirable locations.

807 W 7th Avenue Unit 807 #1 & #2, 809 #1 & #2, Stillwater

$240,000

4 Beds ⋅ 2 Baths ⋅ 1238342 MLS

Excellent investment opportunity in Stillwater! This well-maintained, fully-leased duplex is a turnkey, income-producing property that's ready to add to your portfolio. Both units have been recently remodeled and cared for with pride, offering dependable rental income. Whether you're an experienced investor or looking to begin building wealth through real estate, this property presents an outstanding opportunity. Conveniently located with easy access to shopping, dining, schools, and major thoroughfares, the property offers strong appeal to tenants while providing long-term investment potential. Don't miss your chance to own a quality duplex in one of Oklahoma's most desirable rental markets!

1411 N Hartford Street Unit 1411 & 1413, Stillwater

$240,000

4 Beds ⋅ 2 Baths ⋅ 1238345 MLS

Excellent, income-producing investment opportunity! This well-maintained duplex at 1509 & 1511 N Hartford offers two fully-leased 2-bedroom, 1-bath units, each featuring a spacious living area, functional kitchen, comfortable bedrooms, and a shared garage. Recent updates and consistent maintenance make this a turnkey addition to an investment portfolio. Conveniently located near shopping, restaurants, schools, and Oklahoma State University, this property offers strong rental appeal in a desirable location. Whether you're expanding your portfolio or purchasing your first investment property, this duplex is one you won't want to miss.

1509 N Hartford Street Unit 1509 & 1511, Stillwater

$250,000

4 Beds ⋅ 2 Baths ⋅ 1238344 MLS

Exceptional income-producing, fully-leased, investment opportunity! Being sold together as one property, 702 & 704 Redbud offer a well-maintained duplex with strong rental potential in a desirable Stillwater location. Each unit provides a comfortable floor plan with spacious living areas, functional kitchens, generously sized bedrooms, and private outdoor space, making them attractive to long-term tenants. 702 E Redbud was just fully remodeled this year and 704 had brand new carpet installed this year as well. This property offers investors the potential to generate immediate income with tenants already occupying both sides of this duplex. Conveniently located near shopping, restaurants, schools, and everyday amenities, the duplex is positioned in an area with consistent rental demand. Whether you're looking to expand your real estate portfolio or purchase your first investment property, this turnkey duplex is an opportunity you won't want to miss.

702 E Redbud Court Unit 702 & 704, Stillwater

$235,000

3 Beds ⋅ 2 Baths ⋅ 1238338 MLS

Income-producing, fully-leased duplex offering an excellent investment opportunity in the heart of Stillwater! Sold together as one property; 609 S Willis features a freshly remodeled, charming 1-bedroom, 1-bath bungalow layout and 607 S Willis is a 2 bedroom, 1 bathroom floorplan that has been exceptionally well maintained. Both have spacious living areas, generously sized kitchens, shared backyard, and a shared covered two-car garage. This unit provides a great balance of updated finishes and proven rental appeal. Whether you're looking to expand your investment portfolio or purchase your first investment property, this duplex offers strong potential in a desirable location just minutes from shopping, dining, and everyday conveniences. Opportunities like this don't come along often!

607 S Willis Street Unit 607 & 609, Stillwater

$425,000

10 Beds ⋅ 8 Baths ⋅ 1215878 MLS

Well-maintained four-plex located at 212–218 S. Mockingbird offering a solid investment opportunity! The property features a desirable unit mix with two 3-bedroom units and two 2-bedroom units, each with 1 full and 1 half bathroom. The 2-bedroom units are positioned on the ends, with the 3-bedroom units located in the center. Current gross rents total $3,325 per month with written leases in place through summer 2026.Tenants are responsible for all utilities; owner maintains the lawn. Property is tenant-occupied—24-hour notice required for all showings.

212 S Mockingbird Lane, Stillwater

$327,500

6 Beds ⋅ 1169229 MLS

Discover this exceptional investment property: a contemporary duplex built in 2020, ideally situated near Oklahoma State University. Each unit offers 3 bedrooms and 2 bathrooms, providing comfortable living spaces for tenants or owner-occupants. With a total of 2,574 sq ft, this property combines modern design with functionality. This duplex presents a strong rental history, with previous rents totaling $2,500 per month. Its proximity to Oklahoma State University and other local amenities makes it highly attractive to tenants. The property's modern construction reduces maintenance concerns, offering a hassle-free investment opportunity. Schedule your showing today!

403 S Debra Court Unit 401, Stillwater

$325,000

6 Beds ⋅ 4 Baths ⋅ 1144977 MLS

Discover an incredible investment opportunity in Stillwater, Oklahoma, just a short drive from Oklahoma State University! This modern duplex, built in 2020, offers two spacious units, each featuring an open-concept floor plan with 3 bedrooms, 2 bathrooms, and a two-car garage. Each unit is thoughtfully designed with a true master suite, complete with a private en-suite bathroom, ensuring comfort and convenience for tenants. The open living and kitchen areas provide a welcoming space, ideal for entertaining or relaxing. With reliable tenants already in place and outstanding property management available for seamless transition, this property offers immediate income potential. Whether you’re a seasoned investor or just starting, this duplex is a rare find in a prime location. Don’t miss out—schedule a viewing today! If you would like to purchase as a package MLS 1144983 is across the street and also for sale.

3100 E 4th Avenue, Stillwater

$235,000

2 Beds ⋅ 2 Baths ⋅ 1102107 MLS

Amazing investment opportunity to own a duplex with two units each having 2 bedrooms, two baths and a two car garage. These properties have been well maintained with recent updates including new floors, paint, new disposals, new stoves, dishwasher, new light fixtures, and new doors. Both units are leased with one being a long-term tenant. 24 hours noticed is required for all showings. Showings to begin Friday, March 8th at 1:00.

5101 N Husband Street, Stillwater

$1,050,100

9 Beds ⋅ 36 Baths ⋅ 1104270 MLS

Seize the opportunity to invest in a prime real estate asset just a 10-minute walk from the vibrant Oklahoma State University Campus. This modern property, constructed in 2020, encompasses 5,400 square feet divided into three separate units. Each unit offers a spacious layout with 3 bedrooms and 2 bathrooms, currently generating $1,800 monthly per unit in rental income. Uniquely, every unit is individually metered, ensuring tenants are responsible for all utility costs. This arrangement not only simplifies management but also maximizes profitability for an astute investor.

423 S Duncan Street Unit A-C, Stillwater

$95,000

5 Beds ⋅ 5 Baths ⋅ 1077666 MLS

Great opportunity to own this 3 plex. All sketches on each building are in photos. Property is being sold asis only, price reflects current condition. Call with any questions. **Buyer to confirm all information**

409 W 9th Street, Stillwater

$830,000

1071184 MLS

Hello Stillwater! Enjoy this newly remodeled 12 unit complex. This complex is right around the corner from Oklahoma State University!! Want to invest into a property that is ready to give you equity? Here you go! All units occupied. Constant occupancy due to it being located in a college town! Call for more details. SELLER MOTIVATED TO SELL. Sellers need to move out of state and are currently family operating property.

1402 S Main Street, Stillwater

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