Listing provided courtesy of The Shockley GroupMLS# 2614099MLS Provider
  • 69 days on site
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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.

Source: Tulsa MLS, MLS#: 2614099

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  • Property Type
    Commercial Sale
  • Lot
    0.36 acres

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OklaHomes Realty, Inc.

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  • Median Age
    33
  • Population Density
    112
  • College Educated
    37%
  • Estimated Median Income
    $42,112
  • Estimated Total Home Owners
    6,478
  • Estimated Total Renters
    4,759
  • Owner / Renter Divide
    58% / 42%
  • Estimated Average Household Size
    3
  • Total Population
    31,889
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 116 W Morgan Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/21/2026Source: Tulsa MLS Added to Database
April 21, 2026