This offering presents an income-producing multifamily portfolio comprising a duplex and a fourplex with a total of six units, situated along Grand Lake Drive within the desirable Port Duncan area on Monkey Island. The property occupies approximately 1.2 acres and consists of one fourplex featuring four two-bedroom, two-bath units and one duplex with units configured as a two-bedroom, two-bath and a three-bedroom, two-bath residence. Recent updates include new granite countertops and carpeting in select units, enhancing long-term rental appeal.
Currently operating at full occupancy, the asset generates an annual gross income of approximately $68,000, supported by a consistent tenant base. Two additional lots are included, providing future development potential for expanding the unit count or creating a custom lake property. Amenities offered by the neighborhood include access to the scenic Grand Lake O’ the Cherokees, a popular recreation destination, which contributes to year-round rental demand from locals, vacationers, and workforce tenants.
With stable income, upside potential through new development, and a premier location inside a private community setting, this property serves as a compelling investment opportunity in one of northeastern Oklahoma’s most sought-after lakefront areas.