Two-Unit Duplex with New
New
For Sale
$289,900
6000 W Hefner Road, Oklahoma City, OK 73162
Residential Income, Oklahoma City, OK
Property Size2,862 SF
Lot Size0.11 Acres
Price / SF$101.29
Days on Market2
Property Features for 6000 W Hefner Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 2
Fireplace
1
Lot features
Corner Lot
Elementary school
Wiley Post ES
Middle school
Hefner MS
High school
Putnam City North HS
Elementary school district
Putnam City
Middle school district
Putnam City
High school district
Putnam City
Directions
From the Intersection at N MacArthur & W Hefner Rd. Head West. Just after passing the office complex turn Left. Duplex sits right off of W Hefner Rd.
Standard status
Active
APN
6000WHefner73162
Size
2,862 SF
Lot size
0.11 Acres
Building Details
Year built
1979
Building materials
Stone
Roof type
Composition
Architectural style
Other
Listing Agency:
Copper Creek Real Estate
(405) 888-9902
Listed By:
Sean Darling
(580) 370-9023
Added: Sep 26
Last Checked: Sep 27 at 4:06PM
MLS# 1251080
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 2,862-square-foot duplex contains two residences, each arranged with two bedrooms and 1.5 bathrooms. Both units are occupied; one has an active lease, while the other is rented month to month. Recent improvements include new air-conditioning units and new washers and dryers. Built in 1979, the property has stone construction, a composition roof, and a fireplace.
The property is on W Hefner Road in northwest Oklahoma City, near Lake Hefner and Lake Hefner Parkway. Nearby context includes retail, dining, and employment corridors, with access to NW Expressway and I-40 for travel across the metro.
The property is on W Hefner Road in northwest Oklahoma City, near Lake Hefner and Lake Hefner Parkway. Nearby context includes retail, dining, and employment corridors, with access to NW Expressway and I-40 for travel across the metro.
Key Highlights
- Two occupied units, one with an active lease and one month to month
- Each unit has 2 bedrooms and 1.5 bathrooms
- 2,862 square feet on a 0.1102‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,990
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$499,800
$499.8K
Cap Rate 7%
$357,000
$357.0K
Cap Rate 9%
$277,667
$277.7K
Market Conditions
NOI Build-Up for 2,862 SF
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.
Gross rent
$37.8K $13.20/SF
− Vacancy
−$2.1K −$0.73/SF
EGI
$35.7K $12.47/SF
− OpEx
−$10.7K −$3.74/SF
NOI
$25.0K $8.73/SF
Area
ZIP 73162
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$499,800
Cap Rate 7%
$357,000
Cap Rate 9%
$277,667
Alternative Uses
Best Use
Multifamily LT 5
$357.0K
$312.4K – $416.5K
NOI $24,990 @ 7.0% cap · market cap 8.62%
Second Best
Apartment 5plus
$332.6K
$291.0K – $388.0K
NOI $23,279 @ 7.0% cap · market cap 8.03%
Theoretical Best
Specialty Retail
$1.15M
$1.01M – $1.34M
NOI $80,628 @ 7.0% cap · market cap 27.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 73162, OK
28,867
Population
12,454
Households
2.3
Avg Household Size
44
Median Age
47%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
4,066
Density / Sq Mi
$89,984
Median Household Income
$48,451
Median Earnings
$1,147
Median Rent
$234,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with one under a current lease and the other on a month-to-month arrangement.
Where is this duplex located?
The property is located at 6000 W Hefner Road Oklahoma City, OK.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two occupied units, one with an active lease and one month to month; Each unit has 2 bedrooms and 1.5 bathrooms; 2,862 square feet on a 0.1102‑acre lot
