323 W Miller , Stillwater, OK 74074

  • $410,000
323 W Miller , Stillwater, OK 74074
Closed
323 W Miller , Stillwater, OK 74074
323 W Miller , Stillwater, OK 74074
  • $410,000

Description

Unlock steady cash flow with this one-of-a-kind property, where timeless mystique meets natural beauty. Ideally located on the high-traffic corner of Duck and Miller, this income-generating 4-unit complex offers immediate returns and future potential. Each of the four one-bedroom apartments features a spacious living area, galley-style kitchen, one bathroom, and original hardwood floors. Classic built-ins and ample closet space add character and functionality, while tenants enjoy on-site parking and shared outdoor space—enhancing rental appeal and encouraging long-term occupancy. Strategically positioned and separately metered, the property is fully leased through May 2026, generating $2,575 per month in gross rents—delivering reliable income with excellent potential for future redevelopment or mixed-use expansion. The property is located within Stillwater’s Form-Based Code area (Transect 6), allowing a wide range of by-right uses, including: Residential – Live/Work, Accessory Unit, Multi-Family, Mixed use Lodging – Hotel, Inn, Short-Term Rental Commercial – Restaurant, Bank, Retail/Commercial, Office Entertainment – Movie Theater, Outdoor Auditorium Parking – Parking Structure, Surface Parking This rare combination of location, zoning flexibility, and income generation makes it a standout opportunity for investors seeking both immediate cash flow and long-term development upside.

  • Address 323 W Miller
  • City Stillwater
  • State/county OK
  • Zip/Postal Code 74074
  • Area Norwood Add

Details

  • Price: $410,000
  • Property Size: 2800 Sqft
  • Garage Size: x x
  • Year Built: 1959
  • Property Type: Fourplex, Residential Income
  • Property Status: Closed

Additional details

  • School District: Will Rogers Elementary
  • Roof: Built Up
  • Sewer: City
  • Cooling: Window Unit
  • Heating: Wall Furnace
  • County: Payne
  • Property Type: Residential Income
  • Parking: Parking Lot

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