6,185SqFt
0.36Acres
ApartmentType
2614099MLS #

About this property

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.

Listing courtesy of Tyler Shockley of The Shockley Group. © 2026 MLS Technology Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MLSTI. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is deemed reliable but not guaranteed. Data last updated: Thursday, July 23rd, 2026 at 5:30:08 AM.