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    The Largest CRE Database in the US with Over 1 Million Listings

    3608 N Zedna Pl Oklahoma City, OK 73112

    Sponsored
    For Sale
    $399,900

    MULTI_FAMILY - Oklahoma City, OK

    Property size:
    3,016 SF
    Lot size:
    0.14 Acres
    Days on Market:
    113
    Last Refresh:
    Feb 5 at 7:06 pm

    Property Features for 3608 N Zedna Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2
    Bedrooms
    4
    APN
    3608NZedna73112
    Appliances
    Dishwasher
    Size
    3,016 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1969
    Floors in Building
    2

    We can help!

    Listing Contact
    Victory Reneau Razavi

    Whittington Realty LLC (405) 703-4100

    Listing agent Victory Reneau Razavi (405) 816-1021

    Listing date Oct 16, 2025

    MLS# 1192021

    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.

    Learn more

    Property Insight Report

    Overview

    Updated Fourplex in Residential Neighborhood

    This well-maintained fourplex, situated in a residential neighborhood, features four one-bedroom, one-bathroom units. The property includes TPO roofs (2021) and new siding (2021), along with interior improvements. Each unit offers a downstairs living space, kitchen, and storage, with a loft-style bedroom upstairs that includes dual closets, a vanity nook, and a full bath. Tenants have access to private covered patios, with two units featuring fenced patios. The property is conveniently located near shopping, dining, and interstate access. The units have consistent layouts and are Section 8 approved with a stable rental history. The owner is responsible for gas, water, sewer, and trash, while tenants contribute. There are no washer/dryer hookups. Updates include new flooring, bathroom tile, AC units, furnaces, water heaters, and kitchen tile. Current tenant details are as follows: Unit 3608 is leased until 12/15/25 for $850 per month and has major updates including flooring, tile, and HVAC; Unit 3610 is month-to-month for $800 per month with updated flooring and bath sink; Unit 3612 is month-to-month for $800 per month with new kitchen tile and AC; Unit 3618 is leased until 12/2025 for $725 per month with an updated tub drain and shower. The property is suitable for owner-occupant financing, allowing an owner to live in one unit while tenants help pay the mortgage. The property size is 3016 square feet and the lot size is 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.59315
    Latitude
    35.507347

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex with steady income and recent updates.
    Where is this quadplex located?
    The property is located at 3608 N Zedna Pl Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Eligible for owner-occupant financing with only 3.5% down, allowing you to live in one unit and have tenants help pay the mortgage.; - Turnkey 4-plex investment with steady income and a stable rental history, including Section 8 approval.; - Recent updates including TPO roofs (2021), new siding (2021), flooring, bathroom tile, AC units, furnaces, water heaters, and kitchen tile.
    (405) 816-1021
    Request Owner's contact information
    3608 N Zedna Pl Oklahoma City, OK 73112
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    Oklahoma City, OK 73112
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3608 N Zedna Pl Oklahoma City, OK 73112
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    We can help!
    Listing Contact
    Victory Reneau Razavi
    Real Estate License ID: 176217
    (405) 816-1021
    Learn more
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