Well-Maintained Duplex Income
212 Ashley Drive Edmond, OK 73003
212 Ashley Drive, Edmond, OK, 73003
$439,000
For Sale
$439,000
MULTI_FAMILY - Other - Edmond, OK
Property Size2,410 SF
Lot Size0.18 Acres
Price / SF$182.16
Days on Market198
Property Features for 212 Ashley Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 1
- Parking
- 4
- Appliances
- Dishwasher, Disposal, Refrigerator
- Standard status
- Active
- APN
- 212NONEAshley212
- Size
- 2,410 SF
- Lot size
- 0.18 Acres
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2015
- Floors in Building
- 1
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
RE/MAX First
(405) 843-8448
6501 N Broadway Ext, Oklahoma City, OK
Listed by
Joe Forrest · License #143557
(405) 850-8489
Added: Jan 1 Checked: Jul 18 at 10:06 am
MLS# 1207566
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate units at 212 and 214 Ashley Drive, each designed with an open floor plan. Each unit provides three bedrooms and two bathrooms, along with 1,205 square feet of living space. Both units include a two-car garage. The primary suite features a large walk-in closet, and each kitchen includes granite countertops and ample cabinetry that opens to a generous dining area. Outdoors, each unit has a large fenced backyard with patio space.
The property is located in Edmond, Oklahoma, and is described as well located just two blocks from Edmond North High School. The public remarks also note convenient access to schools, shopping, dining, gyms, and healthcare.
As an income-producing duplex, this layout is suited to investors seeking a straightforward two-unit residential setup, as well as owner-occupants who want the option to occupy one side while renting the other. The matching unit configuration, fenced outdoor areas, and dedicated garages provide practical tenant appeal for long-term occupancy.
The property is located in Edmond, Oklahoma, and is described as well located just two blocks from Edmond North High School. The public remarks also note convenient access to schools, shopping, dining, gyms, and healthcare.
As an income-producing duplex, this layout is suited to investors seeking a straightforward two-unit residential setup, as well as owner-occupants who want the option to occupy one side while renting the other. The matching unit configuration, fenced outdoor areas, and dedicated garages provide practical tenant appeal for long-term occupancy.
Key Highlights
- Well‑maintained duplex at 212 & 214 Ashley Drive, located two blocks from Edmond North High School
- Each unit offers an open floor plan with 3 bedrooms, 2 bathrooms, and 1,205 SF per side (total 2,410 SF)
- Both units include a 2‑car garage and a large fenced backyard with patio space
Local Financial Insights For Apartment 5plus
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 | $30.9k | $12.84 |
| − Vacancy | −$3.1k | −$1.27 |
| EGI | $27.9k | $11.57 |
| − OpEx | −$12.5k | −$5.21 |
| NOI | $15.3k | $6.36 |
2,410 SF · lease $12.84/SF/yr · vacancy 9.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$219.1K
$191.7K – $255.6K
NOI $15,334 @ 7.0% cap · market cap 3.49%
Second Best
Multifamily LT 5
$209.2K
$183.0K – $244.1K
NOI $14,643 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$502.0K
$439.2K – $585.6K
NOI $35,137 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two mirrored duplex units each offer three bedrooms, two baths, and a two-car garage, plus fenced backyards.
Where is this duplex located?
The property is located at 212 Ashley Drive Edmond, OK.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Well‑maintained duplex at 212 & 214 Ashley Drive, located two blocks from Edmond North High School; Each unit offers an open floor plan with 3 bedrooms, 2 bathrooms, and 1,205 SF per side (total 2,410 SF); Both units include a 2‑car garage and a large fenced backyard with patio space
