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908 E 12th Avenue, Stillwater, OK 74074

Stillwater
Local realty services provided by:CENTURY 21 First Choice Realty
Listed by: sierra snowden
Office: sage sotheby's realty
MLS#:1244906
Source:OK_OKC
908 E 12th Avenue,Stillwater, OK 74074
$995,000
  • 20 Beds
  • 10 Baths
  • 6,449 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$995,000
  • Price per sq. ft.:$154.29

About this home

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...

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Home facts

  • Year built:1987
  • Listing ID #:1244906
  • Added:53 day(s) ago
  • Updated:October 11, 2026 at 12:43 PM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:10
  • Full bathrooms:10
  • Living area:6,449 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1987
  • Building area:6,449 sq. ft.
  • Lot area:2 Acres
  • Lot Features:Campus Area
  • Architectural Style:Traditional
  • Construction Materials:Stone
  • Foundation Description:Slab

Schools

  • High school:Stillwater HS
  • Middle school:Stillwater JHS
  • Elementary school:Highland Park ES

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$154.29

Parking

  • Parking description:Concrete
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