200 Folsom Street Poteau, OK $ 1,500,000
200 Folsom Street
$ 1,500,000
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200 Folsom Street

Poteau, OK, 74953
$ 1,500,000
Baths0.0 Sq 19,296

Monthly Estimate*

$ 9,236

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Studio

Apartment for sale in Poteau, OK

for $1,500,000. This 19,296 square foot apartment was built in 1995 on a lot size of 1.2856.

Serenity Heights — 24 uniform two-bedroom/one-bath units totaling 19,430 SF at 200 Folsom Street, Poteau, OK. New 2025 roof, repairs complete, 95.8% leased. In-place rents sit below market, and the gap is backed by 2025–2026 leases signed on the property itself — clean operations-driven upside, not a renovation gamble. Poteau is the LeFlore County seat, 35 minutes from Fort Smith, AR via US 59/271. The renter pool is anchored by Eastern Oklahoma Medical Center, the Choctaw Nation's regional health facilities, Walmart, OK Foods, and Carl Albert State College. Population 9,300 and growing, with little competing new supply. Available standalone or alongside the other four properties in the Poteau Apartments Portfolio — 87 units across five individually-deeded communities, sold together or asset-by-asset.

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Apartment Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Apartment

Taxes

$ 7,383

Style

Lot Size

1.2856

Year Built

1995

Town/City

Poteau

County/Region

Le Flore

MLS | Web ID

1089500

Features
General
Heating Central
Cooling Central Air
Roof Architectural Shingle
Appliances Electric Water Heater
Security Features None
Construction Materials Vinyl Siding
Year Built 1995
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 196425
County Leflore
Net Operating Income 88005
Property Type Residential
Subdivision Name Poteau Main Town
Garage Y/N false
Special Listing Conditions None
Status Active
Directions turn right on Pecan Ave from the office. Turn right on Mockingbird Ln then left on Sexton St. Turn right on Folsom and apartments are on your right
High School Poteau
City Poteau
High School District Poteau
Number Of Units Total 0
Lot Size Units Acres
Carport Y/N false
Elementary School Poteau
Tax Annual Amount 7383
Middle/Junior High School Poteau
Virtual Tour https://www.propertypanorama.com/200-Folsom-Street-Poteau-OK-74953/unbranded
Standard Status Active
Middle/Junior School District Poteau
Elementary School District Poteau
Tax Lot 2
Property Sub Type Additional Apartment Multi Family
Legal Description POTEAU BLK 51 LOTS 2 3 4 & 5 B1526 P33 B1796 P925 B1797 P590 B1826 P89 B1864 P539 B1920 P232.
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Interior
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Electric Dryer Hookup
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Exterior
Exterior Amenities Concrete Driveway
Fencing None
Parking Features Parking Lot
Lot Features Subdivision
Lot Size Area 1.2856
Foundation Details Slab
Lot Size Acres 1.2856
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Harmon Real Estate Company

Broker

joshua@harmonrealestatecompany.com

Email

Affordability Calculator

$9,851
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$615
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2624023 Elementary School
2624254 Middle School
Poteau High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$1,500,000 Listed Price

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200 Folsom Street, Poteau, OK, 74953 is a Apartment for sale at $1,500,000 with 19,296 sqft and a lot size of 1.2856. 200 Folsom Street is a studio with 0.0 baths and was built in 1995. The property's zip code is 74953 which is in Poteau, OK