Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6800 Lancer Ln Oklahoma City, OK 73132

    View on Map
    Sponsored
    For Sale
    $349,000

    MULTI_FAMILY - Other - Oklahoma City, OK

    Property size:
    3,824 SF
    Lot size:
    0.23 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 28 at 9:06 pm

    Property Features for 6800 Lancer Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 4, Bathroom 6, Bathroom 5, Bathroom 3, Bedroom 6, Bedroom 2, Bedroom 7, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 1, Bedroom 8, Bedroom 3
    Bedrooms
    8
    Bathrooms
    6
    APN
    6800NONELancer73132
    Fireplace
    1
    Size
    3,824 SF
    Lot size
    0.23 Acres

    Building Details

    Year built
    1971
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Juliana Simon

    Sage Realty Partners

    Listing agent Juliana Simon

    Listing date Mar 27, 2026

    MLS# 1216962

    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.

    Learn more

    Property Insight Report

    Overview

    Updated Duplex in Oklahoma City

    This well-maintained duplex presents an excellent investment opportunity, featuring two spacious units. Each unit includes 4 bedrooms and 2.5 bathrooms, with functional layouts suitable for tenants or owner-occupants. The property has undergone major updates, including a new roof installed in 2022, newer HVAC systems, new hot water tanks, newer appliances, and updated quartz countertops. The property is located in Oklahoma City, Oklahoma, within Oklahoma County. The property size is 3,824 square feet, situated on a lot of 0.2348 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.632495
    Latitude
    35.546163

    Nearby Similar for Sale

    • New
      $1,000,000
      10,588 SF

      Versatile Commercial Property, Oklahoma City

      Expansive commercial property near Downtown OKC, ideal for entertainment venue.
      1508 SE 25Th St, Oklahoma City, OK 73129
      View Details
    • $540,000
      3,597 SF

      Oklahoma City Commercial Opportunity

      Commercial property with high visibility and strong traffic flow.
      1045 SW 89Th St, Oklahoma City, OK 73139
      View Details
    • $499,000
      4,083 SF

      Versatile Office Space in Oklahoma

      Equipped office building with modern amenities and convenient location.
      2124 Shadowlake Dr, Oklahoma City, OK 73159
      View Details
    • $775,000
      3,802 SF

      Oklahoma City Converted Office Estate

      3,802 SF office with historic charm and modern finishes.
      1123 NW 14Th St, Oklahoma City, OK 73106
      View Details
    • $650,000
      4,710 SF

      Income-Producing Restaurant and Retail Buildings

      Two buildings with long-term tenants and high-visibility signage.
      2415 SW 59Th St, Oklahoma City, OK 73119
      View Details
    • $850,000
      1,719 SF

      Versatile Commercial Office Building

      Functional office building with expansion potential in central Oklahoma City.
      1220 NW 50Th St, Oklahoma City, OK 73118
      View Details
    • $1,550,000
      3,262 SF

      Turn-Key Medical Office Opportunity

      Free-standing medical office in South Oklahoma City/Moore trade area.
      2804 SW 134Th St, Oklahoma City, OK 73170
      View Details
    • $650,000
      Pending

      Adaptable Commercial Property in OKC

      Versatile property suitable for retail, office, industrial, or storage.
      424 SE 29Th St, Oklahoma City, OK 73129
      View Details
    • $399,000
      4,750 SF

      Warehouse/Showroom with Fenced Yard

      4,750 SF light industrial warehouse/showroom with excellent accessibility.
      1825 W Main St, Oklahoma City, OK 73106
      View Details
    • New
      $1,390,000
      8,080 SF

      New Oklahoma City Retail/Warehouse

      Newly constructed 8,080 SF building on 0.62 acres.
      4415 W Reno Ave, Oklahoma City, OK 73107
      View Details
    • $375,000
      2,500 SF

      Commercial Buildings with Parking, Easy Access

      Two commercial buildings with ample parking and easy highway access.
      325 S Sooner Rd, Oklahoma City, OK 73110
      View Details
    • $700,000
      1,891 SF

      Established Restaurant Business For Sale

      Well-established Korean restaurant with building included, turnkey operation.
      4517 S Sunnylane Rd, Oklahoma City, OK 73135
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with modern updates and strong rental potential.
    Where is this duplex located?
    The property is located at 6800 Lancer Ln Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Prime location; - Two spacious units, each with 4 bedrooms and 2.5 bathrooms; - New roof (2022)
    (405) 613-8719
    Request Owner's contact information
    6800 Lancer Ln Oklahoma City, OK 73132
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6800 Lancer Ln
    Oklahoma City, OK 73132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6800 Lancer Ln Oklahoma City, OK 73132
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Juliana Simon
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!