Duplex with Private Fenced
8418 Candlewood Drive Oklahoma City, OK 73132
8418 Candlewood Drive, Oklahoma City, OK, 73132
$300,000
For Sale
$300,000
MULTI_FAMILY - Other - Oklahoma City, OK
Property Size3,035 SF
Lot Size0.24 Acres
Price / SF$98.85
Days on Market89
Property Features for 8418 Candlewood Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 2, Bedroom 4, Bathroom 6, Bedroom 1, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 5
- Fireplace
- 1
- Standard status
- Active
- APN
- 8418NONECandlewood73132
- Size
- 3,035 SF
- Lot size
- 0.24 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Building materials
- Brick & 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: Apr 24 Updated: Jul 18 at 2:25 pm Checked: Jul 21 at 1:06 am
MLS# 1225997
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 duplex provides two separate units, each featuring a 3-bedroom, 2.5-bathroom layout with a private fenced yard and an attached 2-car garage. One unit (8418) has been recently remodeled and is described as move-in ready, with fresh paint, updated flooring, and a brand-new custom-tiled shower surround. The neighboring unit (8416) is tenant-occupied through August 31, 2026.
The property is located in Northwest Oklahoma City, just minutes from the Kilpatrick Turnpike, Mercy Hospital, and the shopping and dining options at Quail Springs Mall. It is served by the Putnam City School District.
With two matching floor plans and one side refreshed for immediate occupancy, this well-maintained duplex is positioned for steady long-term rental performance.
The property is located in Northwest Oklahoma City, just minutes from the Kilpatrick Turnpike, Mercy Hospital, and the shopping and dining options at Quail Springs Mall. It is served by the Putnam City School District.
With two matching floor plans and one side refreshed for immediate occupancy, this well-maintained duplex is positioned for steady long-term rental performance.
Key Highlights
- Duplex built in 1972 with brick & frame construction and composition roof
- Each side features a 1,517 SF layout with 3 bedrooms and 2.5 bathrooms
- Both units include a private fenced yard and an attached 2‑car garage
Local Financial Insights For Apartment 5plus
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 | $49.2k | $16.20 |
| − Vacancy | −$2.6k | −$0.84 |
| EGI | $46.6k | $15.36 |
| − OpEx | −$21.0k | −$6.91 |
| NOI | $25.6k | $8.45 |
3,035 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$395.8K
$346.3K – $461.8K
NOI $27,706 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$366.2K
$320.5K – $427.3K
NOI $25,636 @ 7.0% cap · market cap 8.55%
Theoretical Best
Specialty Retail
$1.04M
$908.2K – $1.21M
NOI $72,658 @ 7.0% cap · market cap 24.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Each side offers 3 bedrooms, 2.5 bathrooms, a private fenced yard, and an attached 2-car garage.
Where is this duplex located?
The property is located at 8418 Candlewood Drive Oklahoma City, OK.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Duplex built in 1972 with brick & frame construction and composition roof; Each side features a 1,517 SF layout with 3 bedrooms and 2.5 bathrooms; Both units include a private fenced yard and an attached 2‑car garage
