Art Deco
For Sale
$275,000
101 NW 20th Street, Oklahoma City, OK 73103
Two vacant one-bedroom residences offer flexibility for owner occupancy or rental use.
Property Size1,560 SF
Price / SF$176.28
Days on Market91
Property Features for 101 NW 20th Street
General Information
Standard status
Active
Size
1,560 SF
Property subtype
Duplex
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,313
Building Details
Building Size
1,560 SF
Year Built
1914
Buildings
1
Construction
Art Deco bungalow-style
Listing Agency:
Arrived OKC
Listed By:
Sabrina Adams
(405) 772-3241
Source:
Arrivedokc
Added: Jul 30
Changed: Oct 28
Last Checked: Oct 26 at 3:27PM
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 Arrived OKC
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Investment Insights
Based on property information with market context.
Built in 1914, this 1,560-square-foot duplex in Oklahoma City's Heritage Hills neighborhood contains two one-bedroom, one-bathroom units. Interior details include hardwood flooring, built-in bookshelves, formal dining rooms and spacious closets. Each kitchen has a gas range, refrigerator and stackable washer and dryer. Improvements include mini-split HVAC, PVC/Pex plumbing and electrical work. The property is offered as-is.
Midtown, Downtown Oklahoma City, Uptown 23rd, the Medical District, OU Health, St. Anthony Hospital, Automobile Alley and Bricktown are all described as minutes away.
Midtown, Downtown Oklahoma City, Uptown 23rd, the Medical District, OU Health, St. Anthony Hospital, Automobile Alley and Bricktown are all described as minutes away.
Key Highlights
- Two units, each with 1 bedroom and 1 bathroom
- 1,560 square feet; built in 1914
- Both residences are vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,241
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,820
$284.8K
Cap Rate 7%
$203,443
$203.4K
Cap Rate 9%
$158,233
$158.2K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$21.5K $13.80/SF
− Vacancy
−$1.2K −$0.76/SF
EGI
$20.3K $13.04/SF
− OpEx
−$6.1K −$3.91/SF
NOI
$14.2K $9.13/SF
Area
Oklahoma City, OK
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,820
Cap Rate 7%
$203,443
Cap Rate 9%
$158,233
Alternative Uses
Best Use
Multifamily LT 5
$203.4K
$178.0K – $237.4K
NOI $14,241 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$188.2K
$164.7K – $219.6K
NOI $13,177 @ 7.0% cap · market cap 4.79%
Theoretical Best
Specialty Retail
$533.5K
$466.8K – $622.4K
NOI $37,346 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,121
Businesses Nearby
Explore this area
Business Placement
Demographics for 73103, OK
5,046
Population
3,489
Households
1.4
Avg Household Size
34
Median Age
61%
College-Educated
99%
High-School Grad
1.2 sq mi
ZIP Area
4,205
Density / Sq Mi
$56,934
Median Household Income
$50,055
Median Earnings
$954
Median Rent
$400,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two vacant one-bedroom residences offer flexibility for owner occupancy or rental use.
Where is this duplex located?
The property is located at 101 NW 20th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 1,560 square feet; built in 1914; Both residences are vacant
