Address
116 W Morgan Street, Tahlequah, OK
Price
$ 399,000
Property Attributes
- MLS#2614099
- TypeSingle Family
- Listing Status Active
- CountyCherokee
- CityTahlequah
- NeighborhoodTahlequah Lots
- Zip74464
- Style
- Year Built1950
- Taxes$ 1699
- Price$ 399,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6185
- Lot Size0.36 Acres
Data Source:
MLS Technology
Property Description
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.
| Price History | |
|---|---|
| 4/21/2026 | Listed $399,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 74464
Price
Taxes
Year Built
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