702 E Redbud Court Stillwater, OK 74075
MULTI_FAMILY - Modern - Stillwater, OK
Property Features for 702 E Redbud Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4
- Parking
- 2
- Appliances
- Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- 702ERedbud702&70474075
- Size
- 1,984 SF
- Lot size
- 0.20 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Modern
Listing agent LaMoyne Hardin (405) 740-4900
Listing office C21/Judge Fite Guthrie 110 S Division, Edmond, OK (405) 282-7000
Listing date Jul 13, 2026
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Investment Insights
Based on property information with market context.
The property is located in Stillwater, OK in Payne County and is positioned near everyday amenities such as shopping, restaurants, and schools.
With both units currently occupied, the duplex presents a straightforward, income-producing configuration for an investor looking to purchase a maintained two-unit residential income asset.
Key Highlights
- Duplex offered as one property: 702 & 704 Redbud
- Units are heated with natural gas and cooled with electric central air
- Brick & frame construction with a 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 | $24.3k | $12.24 |
| − Vacancy | −$2.5k | −$1.24 |
| EGI | $21.8k | $11.00 |
| − OpEx | −$6.5k | −$3.30 |
| NOI | $15.3k | $7.70 |
