101 North Avenue, Poteau, OK 74953
Local realty services provided by:CENTURY 21 First Choice Realty
Listed by: joshua harmon
Office: harmon real estate company
MLS#:1089515
Source:AR_FSBOR
Price summary
- Price:$700,000
- Price per sq. ft.:$66.29
About this home
Twelve units. 101 North Avenue, Poteau, Oklahoma.
Riviera is fully occupied — all twelve units leased — with a mix of one- and two-bedroom floor plans. Current ownership installed a new roof and new siding in 2025, addressing the most visible elements of the building envelope.
The story here is rent trajectory. The most recent leases signed at Riviera step up meaningfully from the older tenancy on the rent roll — including 2026 leases at the top of the property's range. That gives an incoming owner a clear, evidence-backed renewal path: bring legacy rents toward where the property is already leasing today, one turn at a time.
Stable occupancy, recent envelope investment, and a rent roll that proves its own upside — a clean operational hold for a buyer looking for a smaller-asset entry point into the Poteau market.
Poteau is the LeFlore County seat, 35 minutes from Fort Smith, AR via US 59/271. The renter base is anchored by Eastern Oklahoma Medical Center, the Choctaw Nation's regional health facilities, Walmart, OK Foods, and Carl Albert State College. Limited competing new supply.
Offered standalone or as part of the five-property Poteau Apartments Portfolio....
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Home facts
- Year built:1960
- Subdivision & Development:Lakeview Add
- Listing ID #:1089515
- Added:91 day(s) ago
- Updated:September 03, 2026 at 02:43 PM
Rooms and interior
- Flooring:Laminate, Vinyl
- Living area:10,560 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Baseboard
Structure and exterior
- Roof:Architectural, Shingle
- Year built:1960
- Building area:10,560 sq. ft.
- Lot area:0.55 Acres
- Lot Features:Subdivision
- Construction Materials:Brick, Log Siding
- Levels:2 Story
Schools
- High school:Poteau
- Middle school:Poteau
- Elementary school:Poteau
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$66.29
- Tax amount:$2,231
Features and amenities
- Appliances:Electric Water Heater
Parking
- Parking description:Parking Lot
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