Fifteen units. 305 Pleasant Valley Road, Poteau, Oklahoma. Pleasant Valley is built around its floor plan. Every unit is a two-bedroom / 1.5-bath townhome-style layout — the largest, most family-friendly units in the area's small-multifamily stock. Tenants pay their own utilities, which keeps the owner's operating burden light and net rents strong. Fourteen of fifteen units are leased. Recent leasing on the property has run materially above what most of the existing tenant base is paying — including a 2026 lease signed at the top of the market — establishing a clear and defensible renewal path. The primary upside is operational. Lease the one open unit, hold the existing base, and bring legacy rents to where the property's own newest leases already prove out the market. Poteau is the LeFlore County seat, 35 minutes from Fort Smith, AR via US 59/271. The renter base is anchored by Eastern Oklahoma Medical Center, the Choctaw Nation's regional health facilities, Walmart, OK Foods, and Carl Albert State College. Limited competing new supply. Offered standalone or as part of the five-property Poteau Apartments Portfolio.
CondoProperty Type
1984Year Built
0.75 acresLot Size
$56Price/Sq.Ft.
Listed by Joshua Harmon• Harmon Real Estate Company
Investment Opportunity – Multifamily Property in Poteau, OK Discover a fantastic investment opportunity with this multifamily property located at 305 Pleasant Valley Rd, Poteau, OK. The property features 15 spacious two-bedroom, one-and-a-half-bath apartments, each renting for $715/month. Every unit includes washer and dryer hookups, providing convenience for tenants. Tenants are responsible for water and electricity, while everything else is included in the rent. With solid rental income and room for future growth, this is an ideal addition to your investment portfolio. Don’t miss out on this high-potential property!
Public Records
Jan 13, 2025
Sold
$1,025,000
$62/sq ft
Public Records
Mar 30, 2022
Sold
$4,055,000
$244/sq ft
RENT. #1
Mar 16, 2022
Price Changed
$500
$0/sq ft
Public Records
Dec 16, 2014
Sold
$400,000
$24/sq ft
Public Records
Nov 14, 2006
Sold
$368,000
$22/sq ft
Public Records
May 10, 2000
Sold
$370,000
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,075 (+4.8%)
$5,068 + $31,111
$36,179
2024
$2,933 (+4.2%)
$4,826 + $29,630
$34,456
2023
$2,816 (+19.6%)
$4,826 + $27,989
$32,815
2022
$2,355 (−32.7%)
$4,826 + $26,426
$31,252
2021
$3,501 (−7.4%)
$4,826 + $21,484
$26,310
2020
$3,779 (−4.7%)
$4,826 + $34,387
$39,213
2019
$3,967 (−1.1%)
$4,826 + $37,337
$42,163
2018
$4,010 (+4.5%)
$4,826 + $39,311
$44,137
2017
$3,836
$4,826 + $39,945
$44,771
Public record
Beds
—
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
0.75 Acres
Year renovated
1991
Finished Sq. Ft.
4,900
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,900
Year built
1984
Style
Multi-Family (5+ Unit)
County
Le Flore County
APN
Q500-35-07N-25E-0-043-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 25, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
7% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 114° expected this year, 21 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Poteau, OK • 74953
Average low and high temperatures (°F)
50
28
61
38
74
50
76
56
80
60
88
72
93
74
91
71
86
64
81
55
68
46
58
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
10 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 305 Pleasant Valley Rd
$906,412
$29K under list price of $935K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $250K to $450K.