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    Duplex-Style Fourplex with Shared Laundry Title is generated by Realmo AI

    1810 NW 11th Street, Oklahoma City, OK 73106

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    For Sale
    $575,000

    MULTI_FAMILY - Craftsman - Oklahoma City, OK

    Property size:
    3,537 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $162/SF
    Added:
    Apr 3, 2026
    Days on Market:
    64
    Last Refresh:
    Jun 5 at 3:06 pm

    Property Features for 1810 NW 11th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 8, Bathroom 3, Bedroom 6
    Parking
    4
    Standard status
    Active
    APN
    1810NW11th73106
    Size
    3,537 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    1929
    Floors in Building
    2
    Building materials
    Frame, Vinyl Siding
    Architectural style
    Craftsman

    We can help!

    Listing Contact
    Claire Van Horn

    Listing agent Claire Van Horn License #178460

    Listing office Keller Williams Realty Elite 5629 N Classen BLVD, Oklahoma City, OK

    Listing date Apr 3, 2026

    MLS# 1222333 Listing URL

    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.

    HighLights

    • Fourplex built in 1929 with Craftsman architectural style and frame construction with vinyl siding
    • Configured as two duplexes, each with an upstairs and downstairs unit
    • All 4 units have 2 bedrooms and 1 bathroom
    • Units include modern kitchens, fresh finishes, clean carpeting, and black‑and‑white tiled bathrooms
    • Two covered parking spaces plus two uncovered spaces and a shared laundry area
    • Each unit separately metered for streamlined management and easier expense control

    Overview

    This duplex-configured fourplex includes two separate buildings, each with an upstairs and downstairs unit. Each of the four units is laid out with two bedrooms and one bathroom. The property is described as well maintained and updated, with modern kitchens, fresh finishes, clean carpeting, and black-and-white tiled bathrooms. A shared laundry area is provided for residents, and the property also includes two covered parking spaces and two additional uncovered spaces. Outside, there is a spacious yard that can support additional improvements.

    The property is located at 1810 NW 11th Street in Oklahoma City, Oklahoma, in a setting described as convenient to shopping, dining, and everyday needs. The listing notes that the units are set up with individual metering, which can help simplify management and expense tracking.

    Currently operating as a short-term rental (Airbnb), the configuration may also fit tenants looking for longer-term residential occupancy, given the consistent two-bedroom, one-bath layout across all four units. With each unit separately metered and a shared laundry area already in place, the property offers a streamlined operational approach for either short-term or long-term use, depending on an operator’s program.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $48.8k $13.80
    − Vacancy −$2.7k −$0.76
    EGI $46.1k $13.04
    − OpEx −$13.8k −$3.91
    NOI $32.3k $9.13
    3,537 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $461.3K
    $403.6K – $538.1K (±1% cap)
    NOI $32,288 @ 7.0% cap · market cap 5.62%
    Second Best
    Apartment 5plus
    $426.8K
    $373.5K – $497.9K (±1% cap)
    NOI $29,876 @ 7.0% cap · market cap 5.20%
    Theoretical Best
    Specialty Retail
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,676 @ 7.0% cap · market cap 14.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.541632
    Latitude
    35.480435

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    FAQs

    What type of property is this?
    Quadplex - Four units in two duplex buildings with covered and uncovered parking and a shared laundry area.
    Where is this quadplex located?
    The property is located at 1810 NW 11th Street Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Fourplex built in 1929 with Craftsman architectural style and frame construction with vinyl siding; Configured as two duplexes, each with an upstairs and downstairs unit; All 4 units have 2 bedrooms and 1 bathroom
    (405) 664-3000
    We can help!
    Listing Contact
    Claire Van Horn
    Real Estate License ID: 178460
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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