2-Bedroom Duplex with Fenced
For Sale
$345,000
1-3308 S 23rd, Chickasha, OK 73018
Granite counters, stainless-steel appliances, and an included washer and dryer serve the open living, dining, and kitchen area.
Property Size1,100 SF
Price / SF$313.64
Days on Market21
Property Features for 1-3308 S 23rd
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Residential Income
Amenities
granite countertops
stainless-steel appliances
complete appliance package
fully fenced backyard
Listing Agency:
Cadence Real Estate
(405) 633-2661
Listed By:
Kathryn Thompson
(405) 313-8239
Source:
Exprealty
Added: Sep 28
Changed: Oct 16
Last Checked: Oct 16 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cadence Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,100-square-foot duplex features a 2-bedroom, 2-bath layout with connected living, dining, and kitchen spaces. The kitchen has granite countertops, stainless-steel appliances, and cabinetry. The appliance package includes a refrigerator, dishwasher, gas range, microwave, washer, and dryer. The primary bedroom has an ensuite bathroom and closet space; a second bedroom and full bath complete the interior. A fenced backyard provides private outdoor space.
The property is in Chickasha, near schools, parks, shopping, and dining.
The property is in Chickasha, near schools, parks, shopping, and dining.
Key Highlights
- 2 bedrooms and 2 bathrooms in a 1,100‑square‑foot duplex
- Open layout connects living, dining, and kitchen areas
- Kitchen includes granite countertops and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,281
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,620
$205.6K
Cap Rate 7%
$146,871
$146.9K
Cap Rate 9%
$114,233
$114.2K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$15.7K $14.28/SF
− Vacancy
−$1.0K −$0.93/SF
EGI
$14.7K $13.35/SF
− OpEx
−$4.4K −$4.01/SF
NOI
$10.3K $9.35/SF
Area
Grady County, OK
Vacancy
6.50%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,620
Cap Rate 7%
$146,871
Cap Rate 9%
$114,233
Alternative Uses
Best Use
Multifamily LT 5
$146.9K
$128.5K – $171.4K
NOI $10,281 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$135.9K
$118.9K – $158.6K
NOI $9,514 @ 7.0% cap · market cap 2.76%
Theoretical Best
Specialty Retail
$265.9K
$232.7K – $310.2K
NOI $18,612 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 73018, OK
19,806
Population
9,509
Households
2.1
Avg Household Size
38
Median Age
20%
College-Educated
89%
High-School Grad
155.1 sq mi
ZIP Area
128
Density / Sq Mi
$58,340
Median Household Income
$32,414
Median Earnings
$877
Median Rent
$126,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Granite counters, stainless-steel appliances, and an included washer and dryer serve the open living, dining, and kitchen area.
Where is this duplex located?
The property is located at 1-3308 S 23rd Chickasha, OK.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 2 bedrooms and 2 bathrooms in a 1,100‑square‑foot duplex; Open layout connects living, dining, and kitchen areas; Kitchen includes granite countertops and stainless‑steel appliances
