121 South Cherokee Avenue

Investment Overview

These Dewey duplexes offer investors a rare opportunity to acquire a newer construction multifamily portfolio in Washington County. The property consists of six single story brick veneer duplexes totaling 12 units and 12,884 SF, all built in 2011 on a 1.32 acre site. Each unit features a three bedroom, two bathroom floor plan averaging roughly 1,070 SF, a layout that attracts families and long term renters, and four of the units include a single car garage. The site has frontage on Bartles Road, S Cherokee Ave, and E Angus Ave, giving residents easy access to downtown Dewey and a short drive to Bartlesville's major employers, retail, and services. Offered at $1,200,000 ($100,000 per unit / $93.14 per SF).

Investment Highlights

• 12 units across six duplexes, all built in 2011 with brick veneer exteriors
• Three bedroom, two bathroom units averaging approximately 1,070 SF, a family friendly layout with strong tenant demand
• Four units include a single car garage, offering rent premium potential
• 1.32 acre site with frontage on three streets (Bartles Rd, S Cherokee Ave, E Angus Ave)
• Priced at $100,000 per unit, well below replacement cost, with convenient access to Bartlesville employers and amenities