Rare investment opportunity just 5 minutes from downtown Stillwater offering immediate income and incredible upside. Situated on almost 7 acres, this unique property features four income-producing units, including two single-family homes generating $3,000 per month combined, along with two 1 bed, 1 bath duplex units producing an additional $2,400 per month—for a total of $5,400 in monthly rental income. The layout provides a versatile mix of housing options, appealing to a wide tenant base while creating consistent cash flow. The property also includes a large shop building, perfect for storage, equipment, or a functional workshop space—adding even more value and flexibility. Beyond the existing improvements, the acreage offers significant development potential. With open land both at the front and rear of the property, there are opportunities to expand with additional rentals, create a private estate setup, or explore future development possibilities. Properties like this—with strong in-place income, acreage, and proximity to Stillwater—are extremely rare. Whether you’re looking to expand your portfolio or capitalize on future growth, this is a high-potential asset in a prime location.
For sale
Price cut: $30K (8/21)
$700,000
109-109 W Blackfield Trl #125, Stillwater, OK 74074
10beds
7baths
4,745sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
Large shop building
- 117 days
- 279
- 10
Zillow last checked:
Listing updated:
Listed by:
Jacob Green 405-612-2923,
One Broker Place
Source: Stillwater MLS,MLS#: 134258
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Dishwasher, Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator, Unit 4 Refrigerator, Unit 1 Dishwasher, Unit 2 Dishwasher
Features
- Has basement: No
Interior area
- Total structure area: 4,745
- Total interior livable area: 4,745 sqft
Property
Parking
- Parking features: None, Concrete, 6-10
Features
- Levels: 1
- Stories: 1
Lot
- Size: 6.96 Acres
- Dimensions: 7 ac (m/l)
Details
- Zoning description: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Siding
- Roof: Composition
Condition
- Year built: 1972
Utilities & green energy
- Electric: Rural
- Gas: Natural
- Sewer: Lagoon
- Water: Rural
Community & HOA
Community
- Subdivision: Other
Location
- Region: Stillwater
Financial & listing details
- Price per square foot: $148/sqft
- Annual tax amount: $7,075
- Date on market: 5/5/2026
- Total actual rent: 5400
- Road surface type: Paved, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,811/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $700,000-4.1%$148/sqft |
Source: | ||
| 6/11/2026 | Price change | $730,000-1.4%$154/sqft |
Source: | ||
| 5/5/2026 | Listed for sale | $740,000$156/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: 74074
Nearby schools
Schools provided by the listing agent
- Elementary: Highland Park Elementary
Source: Stillwater MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
