116 W Morgan Street, Tahlequah, OK, 74464

Address

116 W Morgan Street, Tahlequah, OK

Listing Type

Single Family

Price

$ 399,000

Property Attributes

MLS#2614099
TypeSingle Family
Listing Status Active
CountyCherokee
CityTahlequah
NeighborhoodTahlequah Lots
Zip74464
Style
Year Built1950
Taxes$ 1699
Price$ 399,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage6185
Lot Size0.36 Acres

Data Source:

MLS Technology

Property Description

Downtown Tahlequah Investment Opportunity with Immediate Income & Value-Add Potential! Located on a prime corner lot on Morgan Street in Downtown Tahlequah, this multi-structure property offers a rare combination of current rental income and future upside. Positioned within walking or biking distance to Northeastern State University and just steps from local shops, dining, and entertainment, the location is ideal for long-term rental demand. The property includes a remodeled 2 bedroom, 1 bathroom single-family home that is move-in ready, along with a fourplex where all four units are currently leased, with three of the units having been updated. In addition, there is a separate front building that is unfinished and ready for renovation, offering excellent value-add potential for additional rental income, office space, or other creative use. Situated next to The Franklin Castle Event Venue, the property benefits from strong visibility and a highly desirable downtown setting. The corner lot layout allows for multiple access points and functional separation between structures. Whether you’re looking to expand your investment portfolio, house hack, or create a mixed-use downtown property, this opportunity offers both stability and room to grow.