Two-Unit Duplex Income
1004 Acacia Circle Noble, OK 73068
New
For Sale
$200,000
MULTI_FAMILY - Other - Noble, OK
Property Size1,936 SF
Lot Size0.19 Acres
Price / SF$103.31
Days on Market1
Property Features for 1004 Acacia Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1
- Standard status
- Active
- APN
- 1004NONEAcacia73068
- Size
- 1,936 SF
- Lot size
- 0.19 Acres
Building Details
- Year built
- 1980
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing Agency:
LRE Realty, LLC
(405) 285-5750
Listed By:
Tara Levinson · License #145328
(405) 414-8750
Added: Jul 23
Last Checked: Jul 23 at 6:06PM
MLS# 1240609
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 well-maintained duplex features two separate units, each offering 2 bedrooms and 1 full bathroom. The layouts include comfortable living areas, dedicated inside utility rooms, and fully equipped kitchens with dishwashers, freestanding stoves, and ovens. Each unit also has access to its own private, separate backyard.
The property is located at 1004 Acacia Circle in Noble, Oklahoma, within Cleveland County. The duplex is currently occupied, providing immediate rental income potential for an investor.
The property contains a total of 1,936 square feet across the two units on a 0.19-acre lot. No showings will be allowed until an accepted contract.
The property is located at 1004 Acacia Circle in Noble, Oklahoma, within Cleveland County. The duplex is currently occupied, providing immediate rental income potential for an investor.
The property contains a total of 1,936 square feet across the two units on a 0.19-acre lot. No showings will be allowed until an accepted contract.
Key Highlights
- Well‑maintained duplex built in 1980 with brick & frame construction
- 2 units, each with 2 bedrooms and 1 full bathroom
- Each unit includes an inside utility room and a fully equipped kitchen with dishwasher and freestanding stove/oven
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 | $27.6k | $14.28 |
| − Vacancy | −$1.8k | −$0.93 |
| EGI | $25.8k | $13.35 |
| − OpEx | −$7.8k | −$4.01 |
| NOI | $18.1k | $9.35 |
1,936 SF · lease $14.28/SF/yr · vacancy 6.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom units, each with a full bath, inside utility room, and private backyard.
Where is this duplex located?
The property is located at 1004 Acacia Circle 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: Well‑maintained duplex built in 1980 with brick & frame construction; 2 units, each with 2 bedrooms and 1 full bathroom; Each unit includes an inside utility room and a fully equipped kitchen with dishwasher and freestanding stove/oven