Tenant-Occupied Duplex
2541 NW 11th Street Oklahoma City, OK 73107
For Sale
$177,500
SINGLE_FAMILY - Bungalow - Oklahoma City, OK
Property Size1,750 SF
Lot Size0.17 Acres
Price / SF$101.43
Days on Market182
Property Features for 2541 NW 11th Street
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
Patio and Porch features
Patio
Exterior features
Patio-Covered
Standard status
Active
APN
2541NW11th273107
Size
1,750 SF
Lot size
0.17 Acres
Utilities
Heating system
Floor Furnace
Cooling system
Electric, Central Air
Building Details
Year built
1926
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Bungalow
Listing Agency:
RE/MAX at Home
(405) 708-6691
Listed By:
John E Askin · License #146068
(405) 812-4118
Added: Jan 27
Changed: Jul 27
Last Checked: Jul 28 at 10:06AM
MLS# 1211471
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 100% tenant-occupied duplex is structured for immediate rental income. The property features recent updates including a new central A/C system, designed to reduce near-term capital expenses and support tenant comfort. With tenants already in place, the duplex is positioned for a straightforward, collect-from-day-one ownership experience.
Located at 2541 NW 11th Street in Oklahoma City, the property offers convenient access to major roads, along with nearby shopping and employment centers.
The duplex presents as a turnkey rental opportunity and can be purchased as part of a package with MLS#1211482, MLS#1211479, and MLS#1211477.
Located at 2541 NW 11th Street in Oklahoma City, the property offers convenient access to major roads, along with nearby shopping and employment centers.
The duplex presents as a turnkey rental opportunity and can be purchased as part of a package with MLS#1211482, MLS#1211479, and MLS#1211477.
Key Highlights
- 100% tenant‑occupied duplex with total monthly rents of $1,400
- Recent update includes a new central A/C system
- 4 rooms total: 2 bedrooms and 2 bathrooms (Bedroom 1/Bathroom 1, Bedroom 2/Bathroom 2)
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 | $24.2k | $13.80 |
| − Vacancy | −$1.3k | −$0.76 |
| EGI | $22.8k | $13.04 |
| − OpEx | −$6.8k | −$3.91 |
| NOI | $16.0k | $9.13 |
1,750 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$228.2K
$199.7K – $266.3K
NOI $15,975 @ 7.0% cap · market cap 9.00%
Second Best
Apartment 5plus
$211.2K
$184.8K – $246.4K
NOI $14,782 @ 7.0% cap · market cap 8.33%
Theoretical Best
Specialty Retail
$598.5K
$523.7K – $698.3K
NOI $41,895 @ 7.0% cap · market cap 23.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - 100% tenant-occupied duplex with recent central A/C updates and total monthly rents already in place.
Where is this duplex located?
The property is located at 2541 NW 11th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $177,500.
What are key features of this property?
This property features: 100% tenant‑occupied duplex with total monthly rents of $1,400; Recent update includes a new central A/C system; 4 rooms total: 2 bedrooms and 2 bathrooms (Bedroom 1/Bathroom 1, Bedroom 2/Bathroom 2)
