For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two Homes on One Lot Title is generated by Realmo AI

    2004 NW 27th Street, Oklahoma City, OK 73106

    View on Map
    Claim this Listing
    For Sale
    $323,000

    MULTI_FAMILY - Ranch - Oklahoma City, OK

    Type:Single Family Residence
    Property size:
    2,228 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $144/SF
    Added:
    Mar 4, 2026
    Days on Market:
    115
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 2004 NW 27th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
    Parking
    4
    Appliances
    Dishwasher, Water Heater
    Standard status
    Active
    APN
    2004NW27th73106
    Size
    2,228 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    2008
    Floors in Building
    1
    Building materials
    Brick, Brick & Frame
    Roof type
    Shingle
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Thao Nguyen-Pham

    Listing agent Thao Nguyen-Pham License #200060

    Listing office Spearhead Realty Group LLC 5909 NW Expressway Suite G-180, Oklahoma City, OK

    Listing date Mar 4, 2026

    MLS# 1217109 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

    • 2 homes on one lot: front house (2 bed/2 bath) and back house (1 bed/1 bath)
    • Front house is currently occupied with tenant paying $1,300/month
    • Back house is vacant and ready for immediate showing
    • Built in 2008 with ranch‑style construction
    • Brick and brick & frame construction, with shingle roof
    • Natural gas heating and central air with electric cooling; includes dishwasher and water heater

    Overview

    This property consists of two separate homes on a single lot, built in 2008. The front home is a 2-bedroom, 2-bath residence with updated interiors and is currently occupied. The back home is a 1-bedroom, 1-bath unit that is vacant and available for immediate showing. The combined property size is approximately 2,228 square feet.

    Located in Oklahoma City’s northwest area, the listing describes the homes as being just minutes from Oklahoma City University, Uptown, Downtown, and major highways. The address is 2004 NW 27th Street, Oklahoma City, OK 73106, within Oklahoma County.

    This setup can work well for an owner-occupant seeking to live in one home while renting the other, or for an investor looking for two rental units on one site. The front home’s tenant is currently paying $1,300 per month, while the back home can be shown right away for prospective occupancy planning. Availability, separate layouts, and immediate access to the vacant unit make it practical for buyers evaluating a residential income strategy.

    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 $30.7k $13.80
    − Vacancy −$1.7k −$0.76
    EGI $29.1k $13.04
    − OpEx −$8.7k −$3.91
    NOI $20.3k $9.13
    2,228 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $290.6K
    $254.2K – $339.0K (±1% cap)
    NOI $20,339 @ 7.0% cap · market cap 6.30%
    Second Best
    Apartment 5plus
    $268.8K
    $235.2K – $313.7K (±1% cap)
    NOI $18,819 @ 7.0% cap · market cap 5.83%
    Theoretical Best
    Specialty Retail
    $762.0K
    $666.7K – $889.0K (±1% cap)
    NOI $53,338 @ 7.0% cap · market cap 16.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare 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
    -97.545977
    Latitude
    35.497084

    FAQs

    What type of property is this?
    Duplex - Built in 2008 with one occupied residence and one vacant unit, offering flexible residential income options.
    Where is this duplex located?
    The property is located at 2004 NW 27th Street Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $323,000.
    What are key features of this property?
    This property features: 2 homes on one lot: front house (2 bed/2 bath) and back house (1 bed/1 bath); Front house is currently occupied with tenant paying $1,300/month; Back house is vacant and ready for immediate showing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message