Remodeled Duplex with
For Sale
$385,000
6715 W Britton Road, Oklahoma City, OK 73132
Residential Income, Oklahoma City, OK
Property Size3,576 SF
Lot Size0.14 Acres
Price / SF$107.66
Days on Market10
Property Features for 6715 W Britton Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 1
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
Lot features
Interior 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 Rockwell and Britton turn East on Britton. Duplex is on the North side of Britton.
Standard status
Active
APN
6715WBritton73132
Size
3,576 SF
Lot size
0.14 Acres
Utilities
Heating system
Natural Gas
Cooling system
Central Air, Electric
Amenities
cedar-covered back porch
private courtyard entrance
Building Details
Year built
1980
Floors in Building
1
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
LIME Realty
(405) 254-6310
Listed By:
Kammi McNeal
(619) 922-4524
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 29 at 7:06AM
MLS# 1245522
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 duplex contains 3,576 square feet on a 0.1365-acre lot and was built in 1980. The structure combines brick and frame construction with a composition roof, natural-gas heating, electric cooling, central air, and a fireplace. Both units have updates, with Unit 6715 receiving a more extensive renovation that includes a custom kitchen, a 10-foot solid-surface island, dedicated office space, updated bathrooms, and laminate flooring. The property includes four bedrooms and four bathrooms as listed in the room details.
Exterior features include a cedar-covered rear porch and a gated courtyard entrance framed by a 7-foot cedar and iron gate. Appliances include a dishwasher, disposal, microwave, refrigerator, and water heater. The property is located at 6715 W Britton Road in Oklahoma City, Oklahoma, within ZIP Code 73132.
Exterior features include a cedar-covered rear porch and a gated courtyard entrance framed by a 7-foot cedar and iron gate. Appliances include a dishwasher, disposal, microwave, refrigerator, and water heater. The property is located at 6715 W Britton Road in Oklahoma City, Oklahoma, within ZIP Code 73132.
Key Highlights
- 3,576‑square‑foot duplex on a 0.1365‑acre lot
- Unit 6715 includes a 10‑foot solid‑surface kitchen island
- Private courtyard entry with a 7‑foot cedar and iron gate
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
$32,644
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
8.48%
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%
$652,880
$652.9K
Cap Rate 7%
$466,343
$466.3K
Cap Rate 9%
$362,711
$362.7K
Market Conditions
NOI Build-Up for 3,576 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
$49.3K $13.80/SF
− Vacancy
−$2.7K −$0.76/SF
EGI
$46.6K $13.04/SF
− OpEx
−$14.0K −$3.91/SF
NOI
$32.6K $9.13/SF
Area
Oklahoma City, OK
Vacancy
5.50%
Lease Rate
$13.80 /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%
$652,880
Cap Rate 7%
$466,343
Cap Rate 9%
$362,711
Alternative Uses
Best Use
Multifamily LT 5
$466.3K
$408.1K – $544.1K
NOI $32,644 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$431.5K
$377.6K – $503.4K
NOI $30,205 @ 7.0% cap · market cap 7.85%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.43M
NOI $85,609 @ 7.0% cap · market cap 22.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Explore this area
Business Placement
Demographics for 73132, OK
28,394
Population
12,592
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,736
Density / Sq Mi
$58,750
Median Household Income
$37,243
Median Earnings
$1,058
Median Rent
$200,500
Median Home Value
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 - Two-unit property with refreshed interiors, private outdoor entry, and a custom kitchen centerpiece.
Where is this duplex located?
The property is located at 6715 W Britton Road Oklahoma City, OK.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 3,576‑square‑foot duplex on a 0.1365‑acre lot; Unit 6715 includes a 10‑foot solid‑surface kitchen island; Private courtyard entry with a 7‑foot cedar and iron gate
