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Duplex with Separate Entrances
For Sale
$199,000

1017 Acacia Circle, Noble, OK 73068

MULTI_FAMILY - Noble, OK

Property Size1,936 SF
Lot Size0.47 Acres
Price / SF$102.79
Days on Market52

Property Features for 1017 Acacia Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Lot features Cul-De-Sac
Elementary school Pioneer Intermediate ES
Middle school Curtis Inge MS
High school Noble HS
Elementary school district Noble
Middle school district Noble
High school district Noble
Directions GPS is correct
Standard status Active
APN 1017NONEAcacia101973068
Size 1,936 SF
Lot size 0.47 Acres

Utilities

Heating system Natural Gas
Cooling system Electric, Central Air

Building Details

Year built 1980
Floors in Building 1
Building materials Brick & Frame
Roof type Composition
Listing Agency: Platinum Realty LLC
Listed By: Darla Lea
Added: Jun 16 Changed: Aug 3 Last Checked: Aug 6 at 12:06AM
MLS# 1233785

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 duplex at 1017 Acacia Circle offers two separate 2-bedroom, 1-bath floorplans, each with its own entrance and private utilities. One unit is currently vacant and ready for immediate occupancy or leasing, while the other unit is tenant-occupied on a month-to-month agreement, providing flexibility for a new owner. Both sides include a living room, an efficient kitchen with ample cabinet space, and two bedrooms.

The exterior is described as well-maintained, with a low-maintenance yard. Off-street parking is available. The property includes brick & frame construction and a composition roof. Heating is natural gas, with central air and electric cooling.

Set on a 0.47-acre lot, this duplex is positioned for rental use or owner-occupancy, with its layout supporting day-to-day privacy through separate entrances and independent utility arrangements.

Key Highlights

  • Two separate 2‑bedroom, 1‑bath units
  • One side vacant; one side tenant‑occupied on a month‑to‑month agreement
  • Separate entrances and private utilities for each unit

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 (±1% cap)
NOI $18,094 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$239.2K
$209.3K – $279.1K (±1% cap)
NOI $16,744 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$476.1K
$416.6K – $555.4K (±1% cap)
NOI $33,326 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two 2-bedroom, 1-bath units with separate entrances and private utilities, including one vacant side and one month-to-month tenant.
Where is this duplex located?
The property is located at 1017 Acacia Circle Noble, OK.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bath units; One side vacant; one side tenant‑occupied on a month‑to‑month agreement; Separate entrances and private utilities for each unit
More about this property
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