323 W Miller Ave Stillwater, OK 74074

Unlock steady cash flow with this one-of-a-kind property, where timeless mystique meets natural beauty. Ideally located on the high-traffic corner of Duck and Miller, this income-generating 4-unit complex offers immediate returns and future potential. Each of the four one-bedroom apartments features a spacious living area, galley-style kitchen, one bathroom, and original hardwood floors. Classic built-ins and ample closet space add character and functionality, while tenants enjoy on-site parking and shared outdoor space—enhancing rental appeal and encouraging long-term occupancy. Strategically positioned and separately metered, the property is fully leased through May 2026, generating $2,575 per month in gross rents—delivering reliable income with excellent potential for future redevelopment or mixed-use expansion. The property is located within Stillwater's Form-Based Code area (Transect 6), allowing a wide range of by-right uses, including: Residential – Live/Work, Accessory Unit, Multi-Family, Mixed use Lodging – Hotel, Inn, Short-Term Rental Commercial – Restaurant, Bank, Retail/Commercial, Office Entertainment – Movie Theater, Outdoor Auditorium Parking – Parking Structure, Surface Parking This rare combination of location, zoning flexibility, and income generation makes it a standout opportunity for investors seeking both immediate cash flow and long-term development upside.