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    Modern Duplex with Tenant Occupancy Title is generated by Realmo AI

    1867 Comice Drive, Newcastle, OK 73065

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    Claim this Listing
    New
    For Sale
    $400,000

    MULTI_FAMILY - Other - Newcastle, OK

    Property size:
    2,584 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $154/SF
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 1867 Comice Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 2
    Standard status
    Active
    APN
    1867NONEComice73065
    Size
    2,584 SF
    Lot size
    0.34 Acres

    Building Details

    Year built
    2021
    Floors in Building
    2
    Building materials
    Brick & Frame
    Roof type
    Composition
    Architectural style
    Other

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    Contact an agent
    Andrew Armstrong
    Andrew Armstrong

    Listing agent Andrew Armstrong

    Listing office PR Agency, LLC 4101 SE 85th St, Oklahoma City, OK

    Listing date Jun 24, 2026

    MLS# 1236324 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

    • Duplex built in 2021 with brick & frame construction and a composition roof
    • Units are currently occupied by tenants
    • Open floor plan with a kitchen center island
    • Kitchen offers plenty of counter space and cabinets
    • Room layout includes bedrooms 1 through 6 and bathrooms 1 through 4

    Overview

    This modern duplex includes two units and is presented as tenant-occupied. Inside, each home features an open floor plan with a kitchen centered around an island, along with ample cabinet and counter space. The layout also provides spacious bedrooms for a duplex configuration, plus well-proportioned bathrooms. The property is situated on a 0.34-acre lot and totals 2,584 square feet.

    The duplex is located at 1867 Comice Drive in Newcastle, Oklahoma (McClain County), with the full address listed for convenience when scheduling showings or reviewing records.

    For buyers seeking a residential income property, tenant occupancy can reduce immediate turn-over needs at the time of purchase. The duplex format offers an opportunity to own two separate residences within one managed asset, while the functional, open interior design and practical kitchen layout support day-to-day livability for current residents. Schedule a showing to review the units in person and confirm income details and lease terms directly.

    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 $36.9k $14.28
    − Vacancy −$2.4k −$0.93
    EGI $34.5k $13.35
    − OpEx −$10.4k −$4.01
    NOI $24.2k $9.35
    2,584 SF · lease $14.28/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $345.0K
    $301.9K – $402.5K (±1% cap)
    NOI $24,151 @ 7.0% cap · market cap 6.04%
    Second Best
    Apartment 5plus
    $319.3K
    $279.4K – $372.5K (±1% cap)
    NOI $22,348 @ 7.0% cap · market cap 5.59%
    Theoretical Best
    Specialty Retail
    $624.6K
    $546.5K – $728.7K (±1% cap)
    NOI $43,721 @ 7.0% cap · market cap 10.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Newcastle
    County
    McClain
    State
    Oklahoma
    Longitude
    -97.598001
    Latitude
    35.271138

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with open kitchen layout and tenant occupancy, offering a turnkey setup for residential income buyers.
    Where is this duplex located?
    The property is located at 1867 Comice Drive Newcastle, OK.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Duplex built in 2021 with brick & frame construction and a composition roof; Units are currently occupied by tenants; Open floor plan with a kitchen center island
    More about this property
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