Oklahoma City Duplex Investment
5533 S Walker Avenue Oklahoma City, OK 73109
5533 S Walker Avenue, Oklahoma City, OK, 73109
$159,900
For Sale
$159,900
MULTI_FAMILY - Other - Oklahoma City, OK
Property Size1,316 SF
Lot Size0.14 Acres
Price / SF$121.50
Days on Market76
Property Features for 5533 S Walker Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 5533SWalker73109
- Size
- 1,316 SF
- Lot size
- 0.14 Acres
Building Details
- Year built
- 1946
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
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 7 Updated: Jul 18 at 3:31 am Checked: Jul 21 at 1:06 am
MLS# 1228028
Listing URL
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 South Oklahoma City duplex offers an investment opportunity in a high-demand area near I-240 and the INTEGRIS Southwest Medical Center. The property features a functional layout across both units, designed for long-term tenant appeal and consistent cash flow. Located minutes from Scissortail Park and major shopping hubs, this property is a turnkey addition to any portfolio. The property size is 1316 square feet and the lot size is 0.1374 acres.
Key Highlights
- South Oklahoma City duplex built in 1946
- Frame construction
- Composition roof
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 | $18.2k | $13.80 |
| − Vacancy | −$999 | −$0.76 |
| EGI | $17.2k | $13.04 |
| − OpEx | −$5.1k | −$3.91 |
| NOI | $12.0k | $9.13 |
1,316 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$171.6K
$150.2K – $200.2K
NOI $12,013 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$158.8K
$139.0K – $185.3K
NOI $11,116 @ 7.0% cap · market cap 6.95%
Theoretical Best
Specialty Retail
$450.1K
$393.8K – $525.1K
NOI $31,505 @ 7.0% cap · market cap 19.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - South Oklahoma City duplex near I-240 and INTEGRIS Southwest Medical Center.
Where is this duplex located?
The property is located at 5533 S Walker Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: South Oklahoma City duplex built in 1946; Frame construction; Composition roof
