520 N Pennsylvania Avenue Drumright, OK 74030
DUPLEX - Drumright, OK
Property Features for 520 N Pennsylvania Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1
- Patio and Porch features
- Patio
- Appliances
- Microwave, Range/Oven, Refrigerator
- Standard status
- Active
- APN
- 9071-00-007-000-0-050-00
- Size
- 1,392 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- DRUMRIGHT 2ND S 1/2 LOT 6 BLOCK 7
- Tax Annual Amount
- 1031
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1946
- Floors in Building
- 1
- Flooring type
- Tile, Carpet
- Building materials
- Wood Frame
- Roof type
- Fiberglass
Listing agent Angela Brock License #149642 (888) 560-3964
Listing office eXp Realty, LLC 3209 S Broadway STE 231, Oklahoma City, OK (405) 404-1924
Listing date Jul 8, 2026
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Investment Insights
Based on property information with market context.
The property address is 520 N Pennsylvania Avenue in Drumright, Creek County. The roof was installed in 2021.
With separate unit access and current unit readiness for rental use, the duplex provides a straightforward income-producing setup with room for a new tenant on the vacant side or for owner-occupancy while maintaining rental income potential on the other unit.
Key Highlights
- Income‑producing duplex in Drumright; each side previously rented for $700 per month
- One unit is occupied on a month‑to‑month lease; the other side is vacant at time of listing
- Each unit includes 1 bedroom with closet plus an additional bedroom/flex room without a closet and 1 full bathroom
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 | $17.2k | $12.36 |
| − Vacancy | −$1.7k | −$1.26 |
| EGI | $15.5k | $11.10 |
| − OpEx | −$4.6k | −$3.33 |
| NOI | $10.8k | $7.77 |
