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101 N Ave, 
Poteau, OK 74953

$675,000


—

Bed


—

Bath


-

Sq Ft


Multi-Family

Active

Listed by

Darren Marks

Harmon Real Estate Company

479-546-0109

Last updated:

November 5, 2026, 04:08 PM

MLS#

172262

Source:

OK LBR

About This Home

101 N Ave

Fully Occupied 12-Unit Multifamily Investment with Recent Capital Improvements. Riviera Apartments offers investors a stabilized income-producing asset with an additional rent-growth component in Poteau, Oklahoma. The 12-unit community is currently fully occupied and benefits from a new roof and siding completed in 2025, providing meaningful recent exterior capital investment for the next owner. Recent leasing activity has established a rising lease-rate trend, creating an opportunity for continued organic income growth as existing leases turn over while maintaining the stability of a fully occupied property. This combination makes Riviera particularly attractive to an investor seeking current occupancy and cash flow without giving up future upside. Located within Poteau's established residential core, Riviera benefits from proximity to the area's employment, retail and educational anchors. Poteau serves as the LeFlore County seat and is approximately 35 miles southwest of Fort Smith, Arkansas. Riviera Apartments is offered individually at $675,000 ($56,250/unit) and may also be acquired with Heather Apartments and Georgia Place Apartments as part of the complete 48-unit Poteau portfolio. Contact Darren Marks for Offering Memorandum, rent roll, financials and additional information.

Home Facts

Multi-Family

Built in 1960

Price Summary

675,000

MLS #:

172262

Last Updated:

November 5, 2026, 04:08 PM

Added:

1 month(s) ago


Structure

Structure

Year Built:

1960


Finances & Disclosures

Finances

Price:

$675,000

Source:OK LBR
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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.