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Half Duplex Residential Income

101 N Hortense Avenue Edmond, OK 73034

101 N Hortense Avenue, Edmond, OK, 73034
$169,500
For Sale
$169,500

SINGLE_FAMILY - Other - Edmond, OK

Property Size992 SF
Lot Size0.07 Acres
Price / SF$170.87
Days on Market122

Property Features for 101 N Hortense Avenue

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
Exterior features
Patio - Open
Appliances
Dishwasher, Disposal, Refrigerator, Washer/Dryer
Standard status
Active
APN
101NHortense73034
Size
992 SF
Lot size
0.07 Acres

Utilities

Utilities
Cable Available
Heating system
Electric (Heating)
Cooling system
Central Air, Electric

Building Details

Year built
1983
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Listing Agency McGraw REALTORS (BO)
16301 N May Avenue, Edmond, OK
Listed by Tempe L Perreira
Added: Mar 20 Checked: Jul 19 at 5:06 pm
MLS# 1220055 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.

This for-sale half duplex offers a functional two-level layout with an open-concept main level connecting the living room with the kitchen and dining area. Bedrooms are located upstairs, providing separation from the main living space. The property includes a single-car garage.

Situated in Edmond, Oklahoma, it is described as being just minutes from the University of Central Oklahoma campus, supporting convenient access for a variety of residential uses.

The home is listed at 992 square feet on a 0.0689-acre lot. Per the seller’s note, buyers should verify schools and square footage.

Key Highlights

  • Half duplex built in 1983 with brick & frame construction
  • Open main‑level layout connecting living room, kitchen, and dining areas
  • Upstairs bedrooms positioned for privacy with separate sleeping areas

Local Financial Insights For Apartment 5plus

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 $12.7k $12.84
− Vacancy −$1.3k −$1.27
EGI $11.5k $11.57
− OpEx −$5.2k −$5.21
NOI $6.3k $6.36
992 SF · lease $12.84/SF/yr · vacancy 9.90% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$90.2K
$78.9K – $105.2K (±1% cap)
NOI $6,312 @ 7.0% cap · market cap 3.72%
Second Best
Multifamily LT 5
$86.1K
$75.3K – $100.5K (±1% cap)
NOI $6,027 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$206.6K
$180.8K – $241.1K (±1% cap)
NOI $14,463 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Furniture & Home Goods Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store Garden Center Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Half duplex with open-concept main level, bedrooms upstairs, and a single-car garage, minutes from UCO campus.
Where is this duplex located?
The property is located at 101 N Hortense Avenue Edmond, OK.
What is the asking price?
The asking price for this property is $169,500.
What are key features of this property?
This property features: Half duplex built in 1983 with brick & frame construction; Open main‑level layout connecting living room, kitchen, and dining areas; Upstairs bedrooms positioned for privacy with separate sleeping areas
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More about this property
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