116 W Morgan ST Tahlequah, OK 74464
UPDATED:
Key Details
Property Type Condo, Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,185 sqft
Price per Sqft $64
Subdivision Tahlequah Lots
MLS Listing ID 2614099
HOA Y/N No
Total Fin. Sqft 6185
Year Built 1950
Annual Tax Amount $1,699
Tax Year 2025
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Apartment
Property Description
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.
Location
State OK
County Cherokee
Community Sidewalks
Rooms
Basement Crawl Space
Interior
Interior Features None
Heating Electric, Multiple Heating Units
Cooling 3+ Units
Fireplace No
Window Features Insulated Windows
Heat Source Electric, Multiple Heating Units
Exterior
Fence Decorative, Partial
Community Features Sidewalks
Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available
Water Access Desc Public
Roof Type Composition
Building
Foundation Crawlspace, Slab
Lot Size Range 0.36
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
School District Tahlequah - Sch Dist (C1)
Others
Green/Energy Cert Windows
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