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Modern Fourplex
For Sale
$1,100,000

37 E Hurd Street, Edmond, OK 73034

MULTI_FAMILY - Modern - Edmond, OK

Property Size5,808 SF
Price / SF$189.39
Days on Market12

Property Features for 37 E Hurd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 12
Full bathrooms 12
Rooms Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 5, Bathroom 7, Bedroom 8, Bedroom 9, Bathroom 10, Bathroom 9, Bedroom 11, Bedroom 1, Bathroom 6, Bathroom 2, Bedroom 10, Bedroom 6, Bathroom 8, Bathroom 3, Bedroom 7, Bathroom 4, Bathroom 11, Bathroom 12, Bedroom 12, Bathroom 1
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Water Heater
Lot features Corner Lot
Elementary school Ida Freeman ES
Middle school Sequoyah MS
High school North HS
Elementary school district Edmond
Middle school district Edmond
High school district Edmond
Directions From Broadway and Hurd, go East on Hurd to property. Fourplex will be on the left.
Standard status Active
APN 37EHurd29,33,37,4173034
Size 5,808 SF

Utilities

Heating system Electric (Heating)
Cooling system Electric, Central Air

Amenities

private laundry

Building Details

Year built 2018
Floors in Building 2
Building materials Brick & Frame
Roof type Composition
Architectural style Modern
Listing Agency: Keller Williams Central OK · Keller Williams Realty
Listed By: Randall Gantz
Added: Jul 25 Changed: Aug 2 Last Checked: Aug 5 at 6:06PM
MLS# 1241012

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.

Modern fourplex at 37 E Hurd Street in Edmond, Oklahoma, built in 2018 and set up for straightforward, low-maintenance rental operations. The property is brick & frame with a composition roof and approximately 5,808 square feet of total building area. Each of the four units is configured with 3 bedrooms and 3 full bathrooms, totaling 12 bedrooms and 12 full baths across the property.

Inside, units include an open concept living area, a full kitchen, and private laundry. Cooling is provided by electric central air, and heating is electric. To support day-one occupancy, each unit is equipped with a refrigerator, washer and dryer, along with additional included appliances such as a dishwasher, disposal, and microwave.

The Modern design and in-unit package make this fourplex well-suited for tenants seeking a complete living setup, while also giving owners a consistent unit configuration across all four homes.

Key Highlights

  • Four units, each with 3 bedrooms and 3 full bathrooms (12 bedrooms and 12 full baths total)
  • Approximately 5,808 SF modern brick‑and‑frame fourplex built in 2018
  • Electric central air cooling; electric heating

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 $74.6k $12.84
− Vacancy −$7.4k −$1.27
EGI $67.2k $11.57
− OpEx −$30.2k −$5.21
NOI $37.0k $6.36
5,808 SF · lease $12.84/SF/yr · vacancy 9.90% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$527.9K
$462.0K – $615.9K (±1% cap)
NOI $36,956 @ 7.0% cap · market cap 3.36%
Second Best
Multifamily LT 5
$504.1K
$441.1K – $588.2K (±1% cap)
NOI $35,289 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,679 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Pharmacy Grocery & Convenience Store HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,312
Businesses Nearby

Demographics for 73034, OK

47,553
Population
18,727
Households
2.5
Avg Household Size
37
Median Age
59%
College-Educated
96%
High-School Grad
51.7 sq mi
ZIP Area
920
Density / Sq Mi
$113,296
Median Household Income
$52,163
Median Earnings
$1,203
Median Rent
$368,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Modern brick-and-frame fourplex with four three-bedroom, three-full-bath units and in-unit appliances, centrally cooled with electric heat.
Where is this quadplex located?
The property is located at 37 E Hurd Street Edmond, OK.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four units, each with 3 bedrooms and 3 full bathrooms (12 bedrooms and 12 full baths total); Approximately 5,808 SF modern brick‑and‑frame fourplex built in 2018; Electric central air cooling; electric heating
More about this property
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