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101 North Avenue, 
Poteau, OK 74953

$700,000


Bed


Bath


10,560

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Joshua Harmon

Harmon Real Estate Company

479-546-0109

Last updated:

July 24, 2026, 06:01 PM

MLS#

1089515

Source:

AR FSBOR

About This Home

101 North Avenue

Twelve units. 101 North Avenue, Poteau, Oklahoma. Riviera is fully occupied — all twelve units leased — with a mix of one- and two-bedroom floor plans. Current ownership installed a new roof and new siding in 2025, addressing the most visible elements of the building envelope. The story here is rent trajectory. The most recent leases signed at Riviera step up meaningfully from the older tenancy on the rent roll — including 2026 leases at the top of the property's range. That gives an incoming owner a clear, evidence-backed renewal path: bring legacy rents toward where the property is already leasing today, one turn at a time. Stable occupancy, recent envelope investment, and a rent roll that proves its own upside — a clean operational hold for a buyer looking for a smaller-asset entry point into the Poteau market. Poteau is the LeFlore County seat, 35 minutes from Fort Smith, AR via US 59/271. The renter base is anchored by Eastern Oklahoma Medical Center, the Choctaw Nation's regional health facilities, Walmart, OK Foods, and Carl Albert State College. Limited competing new supply. Offered standalone or as part of the five-property Poteau Apartments Portfolio.

Home Facts

Multi-Family

Built in 1960

Price Summary

700,000

$66 per Sq. Ft.

MLS #:

1089515

Last Updated:

July 24, 2026, 06:01 PM

Added:

1 month(s) ago


Rooms & Interior

Interior

Living Area:

10,560 Sq. Ft.


Structure

Structure

Building Area:

10,560 Sq. Ft.

Year Built:

1960


Lot

Lot Size (Sq. Ft):

24,001


Finances & Disclosures

Finances

Price:

$700,000

Price per Sq. Ft:

$66 per Sq. Ft.

Source:AR FSBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.