Investment opportunity with significant room for future expansion! Situated on 37+ acres, this property features six duplexes totaling 12 units. Three duplexes were built in 2015, with three additional duplexes completed in 2026. Each unit offers 2 bedrooms and 2 bathrooms with an open, functional floor plan, spacious bedrooms, concrete floors, washer/dryer hookups, and all-electric utilities. Five of the units are fully furnished. The property also provides ample space for vehicle and trailer parking, making it well-suited for tenants with livestock, trailers, or recreational equipment. Designed with expansion in mind, the acreage offers room for additional duplexes and 30+ tiny homes, creating substantial potential to increase the property's existing income stream. Tenants also enjoy access to a roping arena, along with fenced horse pens and loafing sheds for livestock—an attractive feature for the area's equestrian and agricultural community. The owner currently pays trash and mowing for all units (excluding livestock pens), plus utilities for 5 of the 12 units. Conveniently located between Stillwater, Perkins, and Langston, this unique property combines established rental income, acreage, tenant amenities, and considerable development potential. This property provides a rare opportunity to acquire an investment property with multiple avenues for future growth.
For sale
$1,900,000
10600 S Rider Rd, Perkins, OK 74059
--beds
--baths
2,250sqft
Duplex
Built in ----
-- sqft lot
$-- Zestimate®
$844/sqft
$-- HOA
What's special
Open functional floor planSpacious bedroomsFenced horse pensLoafing sheds for livestockAll-electric utilities
- 23 days
- 195
- 8
Zillow last checked:
Listing updated:
Listed by:
Hailey Payne 580-336-8580,
Okie Homes Realty, LLC
Source: Stillwater MLS,MLS#: 134997
Facts & features
Interior
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Microwave, Range, Refrigerator, Dishwasher, Washer/Dryer Hookup
- Laundry: Washer/Dryer Hookup
Features
- Has basement: No
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
Property
Parking
- Parking features: Ground Level, Gravel, 11-20
Features
- Levels: 1
- Stories: 1
- Fencing: Fenced
Lot
- Size: 37.96 Acres
- Dimensions: 37.96 acres
Details
- Zoning description: NONE Perkins
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Metal Siding
- Foundation: Slab
- Roof: Metal
Utilities & green energy
- Electric: Rural
- Sewer: Aerobic Septic
- Water: Rural
Community & HOA
Community
- Subdivision: None
Location
- Region: Perkins
Financial & listing details
- Price per square foot: $844/sqft
- Annual tax amount: $6,098
- Date on market: 8/20/2026
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,427/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $1,900,000$844/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 74059
Nearby schools
Schools provided by the listing agent
- District: Perkins School District
Source: Stillwater MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




