Modern 2-Unit
For Sale
$469,900
100 S Walnut Street, Edmond, OK 73003
Residential Income, Edmond, OK
Property Size2,600 SF
Price / SF$180.73
Days on Market146
Property Features for 100 S Walnut Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
8
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 5, Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 8, Bedroom 1, Bedroom 6, Bathroom 6
Parking
4
Lot features
Interior Lot
Elementary school
Ida Freeman ES
Middle school
Cheyenne MS
High school
North HS
Elementary school district
Edmond
Middle school district
Edmond
High school district
Edmond
Directions
Just West of Downtown Edmond, Between Fretz and Kelly. At Walnut and 1st.
Standard status
Active
APN
100NONES.Walnut73003
Size
2,600 SF
Utilities
Heating system
Natural Gas
Cooling system
Central Air, Electric
Building Details
Year built
2026
Floors in Building
1
Building materials
Brick, Stone
Roof type
Composition
Architectural style
Modern
Listing Agency:
Flotilla Real Estate Partners
(405) 977-0207
Listed By:
Kathy Funk
(405) 613-1889
Added: May 21
Changed: Sep 17
Last Checked: Oct 13 at 5:06PM
MLS# 1230320
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 modern duplex is under construction for completion in 2026 and contains 2 residential units totaling 2,600 square feet. Each residence is configured with 4 bedrooms and 3 bathrooms, providing 8 bedrooms and 6 bathrooms across the property. Both units include a washer, dryer, and refrigerator, along with a two-car driveway. Brick and stone exterior materials, composition roofing, natural gas heat, and electric central air round out the planned improvements.
The property is located at 100 S Walnut Street in Edmond, near downtown restaurants, breweries, coffee shops, shopping, UCO, Chitwood Park, and its splashpad. It is within the Edmond School District and positioned near ongoing downtown development and business activity.
The property is located at 100 S Walnut Street in Edmond, near downtown restaurants, breweries, coffee shops, shopping, UCO, Chitwood Park, and its splashpad. It is within the Edmond School District and positioned near ongoing downtown development and business activity.
Key Highlights
- 2‑unit duplex totaling 2,600 square feet
- Each unit includes 4 bedrooms and 3 bathrooms
- Washer, dryer, and refrigerator included in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,543
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,860
$330.9K
Cap Rate 7%
$236,329
$236.3K
Cap Rate 9%
$183,811
$183.8K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$33.4K $12.84/SF
− Vacancy
−$3.3K −$1.27/SF
EGI
$30.1K $11.57/SF
− OpEx
−$13.5K −$5.21/SF
NOI
$16.5K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,860
Cap Rate 7%
$236,329
Cap Rate 9%
$183,811
Alternative Uses
Best Use
Apartment 5plus
$236.3K
$206.8K – $275.7K
NOI $16,543 @ 7.0% cap · market cap 3.52%
Second Best
Multifamily LT 5
$225.7K
$197.5K – $263.3K
NOI $15,798 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$541.5K
$473.8K – $631.8K
NOI $37,907 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,368
Businesses Nearby
Explore this area
Business Placement
Demographics for 73003, OK
22,648
Population
9,760
Households
2.3
Avg Household Size
36
Median Age
42%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,061
Density / Sq Mi
$76,957
Median Household Income
$45,176
Median Earnings
$1,338
Median Rent
$230,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Under-construction duplex with complete appliance packages, central air, and walkable access to downtown amenities.
Where is this duplex located?
The property is located at 100 S Walnut Street Edmond, OK.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: 2‑unit duplex totaling 2,600 square feet; Each unit includes 4 bedrooms and 3 bathrooms; Washer, dryer, and refrigerator included in both units
