Single-Level Residential Income
For Sale
$167,500
1033 SW 91st Street, Oklahoma City, OK 73139
Residential, Oklahoma City, OK
Property Size828 SF
Lot Size0.06 Acres
Price / SF$202.29
Days on Market39
Property Features for 1033 SW 91st Street
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 2
Window features
Window Treatments
Patio and Porch features
Porch, Patio
Interior features
Ceiling Fan(s), Paint Woodwork
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Lot features
Interior Lot
Elementary school
Sky Ranch ES
Middle school
West JHS
High school
Westmoore HS
Elementary school district
Moore
Middle school district
Moore
High school district
Moore
Directions
SW 89th & Western Ave, go south to SW 92nd. Turn west on SW 92nd to Klein. Turn north on Klein to SW 91st. Turn west on SW 91st and follow to property. GPS is accurate
Standard status
Active
APN
1033SW91st73139
Size
828 SF
Lot size
0.06 Acres
Taxes and HOA fees
HOA Fee
$1,440 Annually
Utilities
Utilities
Cable Available
Heating system
Electric (Heating)
Cooling system
Electric
Amenities
laundry room
private backyard with patio
Building Details
Year built
2020
Flooring type
Vinyl, Carpet
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Craftsman
Listing Agency:
RE/MAX First · RE/MAX International
(405) 843-8448
Listed By:
Joe Forrest · License #143557
(405) 850-8489
Added: Jul 23
Changed: Aug 27
Last Checked: Aug 30 at 8:06AM
MLS# 1240773
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 828-square-foot, single-level half duplex includes two bedrooms, one bathroom, and a garage. Built in 2020 with a Craftsman design, the home combines brick and frame construction with vinyl and carpet flooring. Interior updates include fresh paint, painted woodwork, luxury vinyl flooring, and black granite countertops. The kitchen has ample cabinetry, a refrigerator, microwave, garbage disposal, and pantry, while the laundry room includes a washer and dryer.
Outdoor features include a private backyard and patio. The HOA handles front-yard maintenance and common-area care, and covers insurance on the structure, including the roof. The property is located at 1033 SW 91st Street in Oklahoma City, within the Westmoore School District and near major highways, restaurants, shopping, healthcare, and fitness centers.
Outdoor features include a private backyard and patio. The HOA handles front-yard maintenance and common-area care, and covers insurance on the structure, including the roof. The property is located at 1033 SW 91st Street in Oklahoma City, within the Westmoore School District and near major highways, restaurants, shopping, healthcare, and fitness centers.
Key Highlights
- 828 SF single‑level half duplex
- Two bedrooms, one bathroom, and an attached garage
- Built in 2020 with Craftsman architecture and brick‑and‑frame construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$6,994
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$139,880
$139.9K
Cap Rate 7%
$99,914
$99.9K
Cap Rate 9%
$77,711
$77.7K
Market Conditions
NOI Build-Up for 828 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$13.4K $16.20/SF
− Vacancy
−$698 −$0.84/SF
EGI
$12.7K $15.36/SF
− OpEx
−$5.7K −$6.91/SF
NOI
$7.0K $8.45/SF
Area
Oklahoma City, OK
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$139,880
Cap Rate 7%
$99,914
Cap Rate 9%
$77,711
Alternative Uses
Best Use
Apartment 5plus
$99.9K
$87.4K – $116.6K
NOI $6,994 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$283.2K
$247.8K – $330.4K
NOI $19,822 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
Explore this area
Business Placement
Demographics for 73139, OK
18,781
Population
8,790
Households
2.1
Avg Household Size
35
Median Age
15%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
4,268
Density / Sq Mi
$47,424
Median Household Income
$34,557
Median Earnings
$946
Median Rent
$164,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom half duplex with garage, private patio, and HOA-maintained common areas.
Where is this residential income property located?
The property is located at 1033 SW 91st Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $167,500.
What are key features of this property?
This property features: 828 SF single‑level half duplex; Two bedrooms, one bathroom, and an attached garage; Built in 2020 with Craftsman architecture and brick‑and‑frame construction
