Single-Family Home with Fenced
8607 S Drexel Place Oklahoma City, OK 73159
8607 S Drexel Place, Oklahoma City, OK, 73159
$140,000
For Sale
$140,000
SINGLE_FAMILY - Other - Oklahoma City, OK
Property Size1,032 SF
Lot Size0.12 Acres
Price / SF$135.66
Days on Market38
Property Features for 8607 S Drexel Place
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
- Patio and Porch features
- Patio
- Interior features
- Laundry Room, Window Treatments
- Exterior features
- Patio - Open, Rain Gutters
- Fireplace
- 1
- Appliances
- Dishwasher, Water Heater
- Standard status
- Active
- APN
- 8607SDrexel73159
- Size
- 1,032 SF
- Lot size
- 0.12 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1982
- Flooring type
- Carpet
- Building materials
- Brick, Brick & Frame, Frame, Masonry Vaneer
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
Keller Williams Realty Elite
(405) 948-7500
5629 N Classen BLVD, Oklahoma City, OK
Listed by
Joseph Keck
(405) 426-7567
Added: Jun 11 Checked: Jul 18 at 11:06 am
MLS# 1232378
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.
Well maintained single-family home featuring two bedrooms and two bathrooms with a functional layout. The spacious living area includes a cozy fireplace, and the kitchen offers a gas range and oven. A new sliding patio door leads to a large fenced backyard with room for pets, play, or gardening, and there is a garage for additional storage or parking.
For access, the property provides quick routes to I-44 and I-240, with OCCC also nearby. The home is positioned just minutes from shopping, dining, and grocery options in South Oklahoma City and Moore.
Overall, the residence presents updated interior features and an outdoor area designed for everyday use.
For access, the property provides quick routes to I-44 and I-240, with OCCC also nearby. The home is positioned just minutes from shopping, dining, and grocery options in South Oklahoma City and Moore.
Overall, the residence presents updated interior features and an outdoor area designed for everyday use.
Key Highlights
- 2 bed, 2 bath home with a functional layout and spacious living area centered around a fireplace
- Gas range and oven in the kitchen; includes dishwasher and a water heater
- Central air and natural gas heating; electric cooling
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 | $14.7k | $14.28 |
| − Vacancy | −$958 | −$0.93 |
| EGI | $13.8k | $13.35 |
| − OpEx | −$4.1k | −$4.01 |
| NOI | $9.6k | $9.35 |
1,032 SF · lease $14.28/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$137.8K
$120.6K – $160.8K
NOI $9,645 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$127.5K
$111.6K – $148.8K
NOI $8,925 @ 7.0% cap · market cap 6.38%
Theoretical Best
Specialty Retail
$305.2K
$267.0K – $356.0K
NOI $21,362 @ 7.0% cap · market cap 15.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained 2 bed, 2 bath home with a fireplace, gas kitchen range, and fenced backyard plus garage.
Where is this duplex located?
The property is located at 8607 S Drexel Place Oklahoma City, OK.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 2 bed, 2 bath home with a functional layout and spacious living area centered around a fireplace; Gas range and oven in the kitchen; includes dishwasher and a water heater; Central air and natural gas heating; electric cooling
