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For sale
  • $5,400,000

    701 W Highpoint Dr, Stillwater, OK 74075

    2beds
    1baths
    22,218sqft
    : 
    $35,044/mo
    Get pre-qualified
    Multi Family
    Built in 1977
    -- sqft lot
    $4,828,200 Zestimate®
    $243/sqft
    $-- HOA

    What's special

    Clean modern aestheticStunning quartz countertopsFully remodeled condominium unitsDurable wood flooring throughoutHvac systemsUpdated appliancesBrand-new windows
    Premier Investment Opportunity – Fully Renovated Condominium Portfolio. Welcome to 701 Highpoint Drive—an exceptional, turnkey investment opportunity in one of Stillwater’s most desirable and high-demand locations. If your investment portfolio is lacking, this property delivers immediate performance and long-term potential. This impressive offering includes three buildings totaling 24 fully remodeled condominium units, each featuring 2 bedrooms and 1 full bath with a modern, open-concept kitchen and dining layout designed for today’s lifestyle. Completely renovated in late 2025, every unit showcases high-quality, contemporary upgrades including: Brand-new windows and HVAC systems. Durable wood flooring throughout. Updated appliances, cabinetry, and stunning quartz countertops. Innovative, space-saving features such as 2-in-1 sink/dishwasher units and all-in-one washer/dryer combos. These thoughtful enhancements create a sleek, efficient living space while minimizing maintenance and maximizing tenant appeal. The property boasts a clean, modern aesthetic from top to bottom, offering peace of mind with essentially “like-new” construction throughout. Location is unmatched—just minutes (approximately 3 blocks) from Oklahoma State University, Stillwater High School, shopping, dining, and a scenic walking path to Boomer Lake, ensuring consistent rental demand. Investment Highlights: 24 Units at $1,500/month = Strong income potential. Recently completed renovation (December 2025). Already 100% occupied. Individually metered utilities (electric & gas paid by tenants). Owner pays water. Flexible covenants allowing Airbnb and short-term rentals. With immediate cash flow, modern upgrades, and a prime location, 701 Highpoint Drive is a rare opportunity to acquire a stabilized, high-performing asset in the thriving Stillwater market. PNL available with pre-approval
    108 days
    |
    471
    |
    23
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffany Aranda 405-714-1214,

    REAL ESTATE PROFESSIONALS,

    Amy Parsons 405-714-0882,

    REAL ESTATE PROFESSIONALS

    Source: Stillwater MLS,MLS#: 134078MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Microwave, Range, Oven, Dishwasher, Washer/Dryer Hookup, Unit 1 Refrigerator, Unit 1 Dishwasher, Unit 1 Washer/Dryer, Unit 1 Range
      • Laundry: Washer/Dryer Hookup
      Features
      • Has basement: No
      Interior area
      • Total structure area: 22,218
      • Total interior livable area: 22,218 sqft

      Property

      Parking
      • Parking features: Ground Level, Concrete, Parking Lot, Parking Spaces, 21-30
      Features
      • Levels: 2
      • Stories: 2
      • Fencing: Fenced
      Lot
      • Size: 1.02 Acres
      • Dimensions: 1.02 Ac m/l
      Details
      • Zoning description: Multi Family Planned Stw

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick Veneer
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1977

      Utilities & green energy

      • Electric: City
      • Gas: Natural
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: High Point Addi
      Location
      • Region: Stillwater

      Financial & listing details

      • Price per square foot: $243/sqft
      • Annual tax amount: $7,010
      • Date on market: 4/7/2026
      • Road surface type: Paved

        Estimated market value

        $4,828,200

        $4.59M - $5.07M

        $1,129/mo

        Price history

        DateEventPrice
        4/7/2026Listed for sale$5,400,000+2300%$243/sqft
        Source: Stillwater MLS #134078 Report a problem
        4/7/2026Listing removed$225,000$10/sqft
        Source: Stillwater MLS #132716 Report a problem
        10/7/2025Pending sale$225,000$10/sqft
        Source: Stillwater MLS #132716 Report a problem
        8/15/2025Listed for sale$225,000-85.5%$10/sqft
        Source: Stillwater MLS #132716 Report a problem
        4/30/2025Sold$1,550,000-6.1%$70/sqft
        Source: Stillwater MLS #129633 Report a problem
        9/18/2024Pending sale$1,650,000$74/sqft
        Source: Stillwater MLS #129633 Report a problem
        4/23/2024Listed for sale$1,650,000$74/sqft
        Source: Stillwater MLS #129633 Report a problem
        4/23/2024Listing removed$1,650,000$74/sqft
        Source: Stillwater MLS #127192 Report a problem
        2/24/2023Listed for sale$1,650,000$74/sqft
        Source: Stillwater MLS #127192 Report a problem

        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.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 74075

        Getting around

        39 / 100
        Car-Dependent
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Will Rogers Elementary

        Source: Stillwater MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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