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Key Details
Sold Price $224,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,904 sqft
Price per Sqft $117
Subdivision Benjamin Sub
MLS Listing ID 20260830
Sold Date 09/23/26
Style Ranch
Bedrooms 4
Full Baths 2
HOA Y/N No
Annual Tax Amount $1,523
Lot Size 1 Sqft
Acres 1.3
Property Sub-Type Single Family Residence
Property Description
Rare equine investment property in Alva on 1.3 acres featuring a two-unit duplex paired with a complete horse facility. This is a well-known, high-demand rental in the NWOSU rodeo community that rarely changes ownership— and it's easy to see why. The duplex offers 1,904 sq ft of total living area with each unit containing 952 SF, 2 bedrooms, 1 bathroom, and a 1-car attached garage. Both units feature central heat and air, all-electric utilities, vinyl flooring, some carpet, and kitchen appliances included. The duplex is on rural water and a septic system. The horse facility includes eight barn-covered horse runs plus two additional spacious horse turnout pens. The barn features two tack rooms, an open hay storage area, and water hydrants. Mostly pipe fencing throughout the property. Horse trailer plug-in on site with ample room to park multiple trailers. A lean-to structure on the property is currently used for additional storage. Both duplex units are currently leased through June 1, 2027. Claim this property now — secure your investment today and step into full owner use or continue generating rental income when the lease concludes. Whether you're looking for a turnkey investment, an owner-occupancy opportunity with built-in rental income, or simply a place to house your horses while your tenants help pay the mortgage, this property checks every box. Located just minutes from Alva, NWOSU Rodeo facilities, and the brand- new Salt Fork Event Center — soon to bring regular rodeos and equine events to the area. Properties like this one don't come available often. Don't wait.
Location
State OK
Interior
Heating Central Electric
Cooling Electric
Flooring Some Carpeting, Tile
Fireplaces Number No
Fireplaces Type None
Fireplace No
Appliance Electric Oven/Range, Dishwasher, Refrigerator
Exterior
Parking Features Attached
Garage Spaces 2.0
Fence Pipe
Roof Type Composition
Garage Yes
Building
Sewer Septic Tank
Water Public, Well
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