121 South Cherokee Avenue presents an opportunity to acquire a newer construction multifamily asset in Washington County consisting of six brick veneer duplexes with a total of 12 residential units. Built in 2011, the property offers a housing product that appeals to long-term renters through functional three-bedroom, two-bathroom floor plans. Four units also include attached single-car garages, providing an additional amenity that can support tenant retention and leasing appeal.
The property is situated on approximately 1.32 acres with frontage along Bartles Road, South Cherokee Avenue, and East Angus Avenue, creating multiple points of visibility and access for residents. Its location within Dewey provides convenient connectivity to downtown Dewey while also offering quick access to the employment, retail, dining, and service amenities of nearby Bartlesville. This regional accessibility broadens the property's tenant base and supports ongoing residential demand from households seeking proximity to area employers and everyday conveniences.
The combination of newer construction, low-density site design, and family-oriented unit layouts positions the asset as a stable multifamily investment opportunity. With 12 units distributed across six duplex buildings, the property benefits from a residential scale that can appeal to investors seeking a manageable multifamily portfolio in a growing northeastern Oklahoma market. The property's street frontage, established residential setting, and durable brick exterior construction further contribute to its long-term ownership appeal.