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For sale
  • Price cut: $9K (8/13)
    $191,000

    502 W Broadway St, Altus, OK 73521

    3beds
    2,766sqft
    : 
    $1,222/mo
    Get pre-qualified
    Single Family Residence
    Built in 1940
    6,987 Square Feet Lot
    $194,500 Zestimate®
    $69/sqft
    $-- HOA

    What's special

    Two detached apartments
    CASH-FLOWING ALTUS INVESTMENT PROPERTY | 4 RENTAL UNITS | INCOME PRODUCING NOW Investors—don’t miss this income-producing opportunity at 502 W. Broadway in Altus, Oklahoma! This unique property features four rentable units: three apartments plus a detached single-family residence, providing multiple income streams from one property. The three apartments have been recently renovated and are currently tenant-occupied, generating approximately $1,500/month in rental income ($500 per unit) and providing immediate cash flow. The main residence offers additional upside and could potentially rent for approximately $1,000/month, bringing the property’s potential gross rental income to approximately $2,500/month or $30,000 annually. The property includes one attached 1-bedroom, 1-bath apartment and two detached apartments, offering diversified rental income and flexibility for investors. The main house could be rented, owner-occupied, or utilized as an additional value-add opportunity. Conveniently located near downtown Altus, shopping, dining, and amenities, with proximity to Altus Air Force Base, this property offers an attractive combination of existing cash flow, recent renovations, and additional income potential. A great opportunity to add a renovated, income-producing property to your portfolio. Schedule your showing today!
    20 days
    |
    915
    |
    44
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    William Baker 405-820-7823,

    Cole Properties

    Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1241047MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Has cooling: Yes
      Features
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      Interior area
      • Total structure area: 2,766
      • Total interior livable area: 2,766 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: None
      Lot
      • Size: 6,987 Square Feet
      • Features: Other
      Details
      • Parcel number: 502WBroadway73521
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1940

      Community & HOA

      Location
      • Region: Altus

      Financial & listing details

      • Price per square foot: $69/sqft
      • Tax assessed value: $150,348
      • Annual tax amount: $1,464
      • Date on market: 7/24/2026

        Estimated market value

        $194,500

        $185,000 - $204,000

        $1,784/mo

        Price history

        DateEventPrice
        8/13/2026Price change$191,000-4.5%$69/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1241047 Report a problem
        7/24/2026Listed for sale$200,000+25.8%$72/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1241047 Report a problem
        11/10/2022Sold$159,000$57/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1005745 Report a problem
        10/4/2022Pending sale$159,000$57/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1005745 Report a problem
        8/20/2022Price change$159,000-5.9%$57/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1005745 Report a problem
        8/7/2022Price change$169,000-5.6%$61/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1005745 Report a problem
        7/6/2022Price change$179,000-3.2%$65/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1005745 Report a problem
        6/20/2022Price change$185,000-2.1%$67/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1005745 Report a problem
        5/31/2022Price change$189,000-3.1%$68/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1005745 Report a problem
        4/25/2022Listed for sale$195,000+125.4%$70/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1005745 Report a problem
        1/1/2022Listing removed--
        Source: MLSOK/OKCMAR as distributed by MLS GRID #959082 Report a problem
        8/26/2021Listed for sale$86,500+45.4%$31/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #959082 Report a problem
        6/11/2017Listing removed$59,500$22/sqft
        Source: Moss Real Estate #285247A Report a problem
        4/7/2017Listed for sale$59,500$22/sqft
        Source: Moss Real Estate #285247A Report a problem
        1/10/2017Listing removed$59,500-9.8%$22/sqft
        Source: Moss Real Estate #285247A Report a problem
        10/1/2015Listing removed$66,000$24/sqft
        Source: C-21 Altus Prestige, Inc. #270929 Report a problem
        11/4/2014Price change$66,000+46.7%$24/sqft
        Source: CENTURY 21 Altus Prestige Realty #270929 Report a problem
        4/15/2014Listed for sale$45,000+20%$16/sqft
        Source: CENTURY 21 Altus Prestige Realty #270929 Report a problem
        10/31/2013Listing removed$37,500$14/sqft
        Source: Advantage Realty of Altus, LLC #264738 Report a problem
        8/9/2013Price change$37,500-11.8%$14/sqft
        Source: Advantage Realty of Altus, LLC #264738 Report a problem
        6/17/2013Listed for sale$42,500-14.8%$15/sqft
        Source: Advantage Realty of Altus, LLC #264738 Report a problem
        10/6/2012Listing removed$49,900$18/sqft
        Source: Carolyn Duff American Realty #256918 Report a problem
        9/28/2012Price change$49,900-9.3%$18/sqft
        Source: Carolyn Duff American Realty #256918 Report a problem
        8/23/2012Listed for sale$55,000$20/sqft
        Source: Carolyn Duff American Realty #256918 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,424 +5%$17,419 +3%
        2023$1,356 +329.1%$16,912 +353.6%
        2022$316 +4.3%$3,728 +5%
        2021$303 +3.4%$3,551 +5%
        2020$293 +4.3%$3,382 +5%
        2019$281 +28.9%$3,222 +10.3%
        2017$218 $2,922 +5%
        2016$218 +10.2%$2,782 +5%
        2015$198 +3.1%$2,650 +3.1%
        2014$192 -2.8%$2,571 -2.8%
        2013$197 -3%$2,645 -3%
        2012$204 +5%$2,728 +5%
        2011$194 -19.6%$2,598 -19.6%
        2010$241 $3,231
        2009$241 0%$3,231
        2008$241 $3,231
        2007$241 $3,231
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 73521

        Getting around

        48 / 100
        Car-Dependent
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Altus ES
        • Middle: Altus JHS
        • High: Altus HS

        Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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