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24 Beds
24 Baths
11,132 sqft

$1,800,000

22548 State Highway 49 Highway, Medicine Park OK, 73507

Price per sqft$161.70
Built in2005
Property size11,132 sqft
Property typeCondominium
Courtesy of Nexus Realty, Brandon Meadows Listing Contact: (405) 420-6753

Overview

Active

Listed Nov 7, 2026

Updated 24h ago

AUDUBON APARTMENTS | RARE SOUTHWESTERN OKLAHOMA MULTIFAMILY INVESTMENT OPPORTUNITY 12 Units | 4 Buildings | Over 3 Acres | $1,800,000 Discover a distinctive investment opportunity near the scenic Wichita Mountains and Lake Lawtonka. Audubon Apartments offers 12 spacious, two-bedroom, two-bathroom residences across four buildings, approximately 800–1,000 square feet each. Situated amid mature trees and expansive grounds, this established rental property combines peaceful country living with convenient access to employment centers, recreational destinations, and everyday amenities. PROPERTY HIGHLIGHTS - 12 established rental residences in four buildings - Two bedrooms and two bathrooms per apartment - Approximately 800–1,000 square feet per residence - Each apartment separately metered for electricity and water - Two large garages - Two billboard structures - Expansive grounds with additional land offering potential for future development, subject to applicable approvals - Existing rental income and established tenancy EXCEPTIONAL SOUTHWESTERN OKLAHOMA LOCATION Near Medicine Park, Lake Lawtonka, Mount Scott, the Wichita Mountains Wildlife Refuge, and Fort Sill, Audubon enjoys a setting rarely found in conventional multifamily properties. Residents enjoy the privacy and tranquility of country living while remaining approximately 12 minutes from Lawton and 15 minutes from Elgin. Comparable multifamily rentals are exceptionally limited near Lake Lawtonka and Medicine Park, making Audubon's acreage and location particularly distinctive. AN ESTABLISHED INVESTMENT WITH FUTURE POTENTIAL Audubon Apartments offers investors an existing rental community with substantial land, additional property features, and potential long-term opportunities. Consider the expense of acquiring comparable land and recreating a development of this nature in today's market. Offered at $1,800,000. Sold as-is. No seller financing.

$11,975/mo

Est. mortgage payment based on a $1,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1257264

Interior Features

Bedrooms
24
Bathrooms
24
Basement
No

Exterior Features

Lot Size
3.37 Acres

Other Property Details

Taxes
$15,635
Tax Frequency
Annually
Association Fee Frequency
Yearly
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Listings courtesy of MLSOK, Inc. as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 5:38 AM UTC on 11/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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