Updated Duplex with Inground
For Sale
$489,000
2641 NW 35th Street, Oklahoma City, OK 73112
MULTI_FAMILY - Other - Oklahoma City, OK
Property Size3,485 SF
Lot Size0.28 Acres
Price / SF$140.32
Days on Market79
Property Features for 2641 NW 35th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1
Parking
6
Lot features
Corner Lot
Elementary school
John Rex Charter,Nichols Hills ES
Middle school
Taft MS
High school
Northwest Classen HS
Elementary school district
Oklahoma City
Middle school district
Oklahoma City
High school district
Oklahoma City
Directions
From NW 36th and N May go south on may to NW 35th, East to property.
Standard status
Active
APN
2641NW35th73112
Size
3,485 SF
Lot size
0.28 Acres
Amenities
swimming pool
covered patios
storm shelter
Building Details
Year built
1948
Floors in Building
1
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Dean Lemons & Associates
(405) 682-9505
Listed By:
Patricia Martinez-Chavez · License #147174
(405) 816-3870
Added: May 20
Changed: Aug 4
Last Checked: Aug 6 at 8:06AM
MLS# 1230637
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 duplex property combines a 2,405-square-foot main residence with a 1,080-square-foot apartment, creating 3,485 square feet of total living area. The primary home offers three bedrooms, two full bathrooms, a remodeled kitchen with granite countertops and a large island, spacious dining and family rooms, extensive closet storage, and an 8-by-10-foot storm shelter. The separate apartment includes two bedrooms along with updated kitchen and bathroom finishes.
Set on a 0.2801-acre lot, the property also features an inground swimming pool, covered patios, and additional storage areas. Built in 1948 with brick and frame construction, it has a composition roof. The property is located at 2641 NW 35th Street in Oklahoma City, near downtown, Thunder Alley, the Paseo District, and the airport.
Set on a 0.2801-acre lot, the property also features an inground swimming pool, covered patios, and additional storage areas. Built in 1948 with brick and frame construction, it has a composition roof. The property is located at 2641 NW 35th Street in Oklahoma City, near downtown, Thunder Alley, the Paseo District, and the airport.
Key Highlights
- 3,485 square feet across a 2,405‑square‑foot main residence and 1,080‑square‑foot apartment
- Main residence includes 3 bedrooms and 2 full bathrooms
- Separate apartment offers 2 bedrooms with updated kitchen and bathroom
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 | $48.1k | $13.80 |
| − Vacancy | −$2.6k | −$0.76 |
| EGI | $45.4k | $13.04 |
| − OpEx | −$13.6k | −$3.91 |
| NOI | $31.8k | $9.13 |
3,485 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$454.5K
$397.7K – $530.2K
NOI $31,814 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$420.5K
$368.0K – $490.6K
NOI $29,437 @ 7.0% cap · market cap 6.02%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,431 @ 7.0% cap · market cap 17.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Explore this area
Business Placement
Demographics for 73112, OK
31,113
Population
16,413
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
7.6 sq mi
ZIP Area
4,094
Density / Sq Mi
$57,833
Median Household Income
$39,641
Median Earnings
$1,030
Median Rent
$173,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living spaces include an updated apartment, pool, covered patios, and substantial storage.
Where is this duplex located?
The property is located at 2641 NW 35th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 3,485 square feet across a 2,405‑square‑foot main residence and 1,080‑square‑foot apartment; Main residence includes 3 bedrooms and 2 full bathrooms; Separate apartment offers 2 bedrooms with updated kitchen and bathroom
