Craftsman Home with Detached
3123 NW 17th Street Oklahoma City, OK 73107
3123 NW 17th Street, Oklahoma City, OK, 73107
$355,000
For Sale
$355,000
MULTI_FAMILY - Bungalow, Craftsman - Oklahoma City, OK
Property Size2,011 SF
Lot Size0.28 Acres
Price / SF$176.53
Days on Market70
Property Features for 3123 NW 17th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- Fireplace
- 1
- Appliances
- Dishwasher, Water Heater
- Standard status
- Active
- APN
- 3123NW17th73107
- Size
- 2,011 SF
- Lot size
- 0.28 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Bungalow, Craftsman
Listing Agency
LRE Realty LLC
(405) 285-5750
3020 E Britton Rd, Oklahoma City, OK
Listed by
Tara Levinson · License #145328
(405) 414-8750
Added: May 13 Updated: Jul 18 at 3:31 am Checked: Jul 21 at 1:06 am
MLS# 1229145
Listing URL
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Investment Insights
Based on property information with market context.
This updated Craftsman-style home offers a welcoming main residence with an inviting, spacious floor plan and character features including stained wood flooring, original trim, and large windows. The kitchen has been modernized with quartz countertops and freshly painted cabinetry. In addition to the main home, there is a detached 400-square-foot garage apartment, providing an extra dwelling unit for flexible use.
The property is situated in Oklahoma City at 3123 NW 17th Street (73107) on a lot sized at 0.2755 acres.
For sellers and investors, the configuration supports multiple-use living with separate space for guests, hobbies, or an additional income-generating unit, while keeping the main home as the primary residence.
The property is situated in Oklahoma City at 3123 NW 17th Street (73107) on a lot sized at 0.2755 acres.
For sellers and investors, the configuration supports multiple-use living with separate space for guests, hobbies, or an additional income-generating unit, while keeping the main home as the primary residence.
Key Highlights
- 1,611‑SF Craftsman/Bungalow home built in 1920 with updated interior features
- 4 bedrooms and 4 bathrooms with a floor plan highlighted by stained wood flooring, original trim, and large windows
- Kitchen updated with quartz countertops and freshly painted cabinetry
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 | $27.8k | $13.80 |
| − Vacancy | −$1.5k | −$0.76 |
| EGI | $26.2k | $13.04 |
| − OpEx | −$7.9k | −$3.91 |
| NOI | $18.4k | $9.13 |
2,011 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$262.3K
$229.5K – $306.0K
NOI $18,358 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$242.7K
$212.3K – $283.1K
NOI $16,986 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$687.8K
$601.8K – $802.4K
NOI $48,143 @ 7.0% cap · market cap 13.56%
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 - Updated Craftsman-style home includes a detached 400-square-foot garage apartment on an expansive lot in Oklahoma City.
Where is this duplex located?
The property is located at 3123 NW 17th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 1,611‑SF Craftsman/Bungalow home built in 1920 with updated interior features; 4 bedrooms and 4 bathrooms with a floor plan highlighted by stained wood flooring, original trim, and large windows; Kitchen updated with quartz countertops and freshly painted cabinetry
