Two-Unit Duplex with Private
For Sale
$200,000
1004 Acacia Cir, Noble, OK 73068
Occupied residential income property with separate outdoor areas and practical in-unit utility space.
Property Size1,936 SF
Price / SF$103.31
Days on Market73
Property Features for 1004 Acacia Cir
General Information
Standard status
Active
Size
1,936 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
inside utility rooms
dishwasher
private backyard
Building Details
Year Built
1980
Listing Agency:
LRE Realty, LLC
Listed By:
Tara Levinson · License #145328
(405) 414-8750
Source:
Alloverok
Added: Aug 5
Changed: Oct 5
Last Checked: Oct 7 at 3:36PM
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 LRE Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,936-square-foot duplex contains two individual residences, each arranged with two bedrooms, one full bathroom, a living area, and an interior utility room. Both kitchens include dishwashers, freestanding stoves, and ovens. Separate backyards serve the units independently and add outdoor space for residents.
The property is currently occupied and located at 1004 Acacia Cir in Noble, Oklahoma. Its two-unit configuration and consistent layouts provide a straightforward multifamily format for an owner seeking a residential income property.
The property is currently occupied and located at 1004 Acacia Cir in Noble, Oklahoma. Its two-unit configuration and consistent layouts provide a straightforward multifamily format for an owner seeking a residential income property.
Key Highlights
- Two‑unit duplex totaling 1,936 square feet
- Each unit includes 2 bedrooms and 1 full bathroom
- Separate private backyards for both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,094
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,880
$361.9K
Cap Rate 7%
$258,486
$258.5K
Cap Rate 9%
$201,044
$201.0K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$27.6K $14.28/SF
− Vacancy
−$1.8K −$0.93/SF
EGI
$25.8K $13.35/SF
− OpEx
−$7.8K −$4.01/SF
NOI
$18.1K $9.35/SF
Area
Cleveland 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%
$361,880
Cap Rate 7%
$258,486
Cap Rate 9%
$201,044
Alternative Uses
Best Use
Multifamily LT 5
$258.5K
$226.2K – $301.6K
NOI $18,094 @ 7.0% cap · market cap 9.05%
Second Best
Apartment 5plus
$239.2K
$209.3K – $279.1K
NOI $16,744 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$476.1K
$416.6K – $555.4K
NOI $33,326 @ 7.0% cap · market cap 16.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
Business Placement
Demographics for 73068, OK
12,368
Population
5,115
Households
2.4
Avg Household Size
38
Median Age
22%
College-Educated
88%
High-School Grad
64.5 sq mi
ZIP Area
192
Density / Sq Mi
$78,727
Median Household Income
$43,050
Median Earnings
$958
Median Rent
$188,800
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
Frequently Asked Questions
What type of property is this?
Duplex - Occupied residential income property with separate outdoor areas and practical in-unit utility space.
Where is this duplex located?
The property is located at 1004 Acacia Cir Noble, OK.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,936 square feet; Each unit includes 2 bedrooms and 1 full bathroom; Separate private backyards for both residences
