Duplex with Separate
For Sale
$195,000
1017 Acacia Cir Unit 1019, Noble, OK 73068
Two distinct units offer flexible occupancy, with one available now and the other leased month to month.
Property Size1,936 SF
Price / SF$100.72
Days on Market48
Property Features for 1017 Acacia Cir Unit 1019
General Information
Standard status
Active
Size
1,936 SF
Property subtype
Multi-Family
Occupancy
50%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1980
Buildings
1
Listing Agency:
Platinum Realty LLC
Listed By:
Darla Lea
(405) 863-0328
Source:
Sarahflemingestates
Added: Sep 5
Changed: Oct 19
Last Checked: Oct 20 at 9:55PM
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 Platinum Realty LLC
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Investment Insights
Based on property information with market context.
Built in 1980, this 1,936-square-foot duplex contains two independent residences, each arranged with 2 bedrooms, 1 bath, a living room, and an efficient kitchen with cabinet storage. Separate entrances and private utilities support distinct occupancy, while off-street parking and a low-maintenance yard simplify day-to-day upkeep.
Located at 1017 Acacia Cir Unit 1019 in Noble, the property is near schools, shopping, dining, and major commuter routes serving the Oklahoma City metro. One unit is vacant and available for occupancy or leasing; the second is tenant-occupied under a month-to-month agreement, creating flexibility for an investor or an owner-occupant. The property is offered as-is.
Located at 1017 Acacia Cir Unit 1019 in Noble, the property is near schools, shopping, dining, and major commuter routes serving the Oklahoma City metro. One unit is vacant and available for occupancy or leasing; the second is tenant-occupied under a month-to-month agreement, creating flexibility for an investor or an owner-occupant. The property is offered as-is.
Key Highlights
- Two 2‑bedroom, 1‑bath units within a 1,936‑square‑foot duplex
- One unit vacant; the other occupied under a month‑to‑month agreement
- Separate entrances and private utilities for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,744
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,880
$334.9K
Cap Rate 7%
$239,200
$239.2K
Cap Rate 9%
$186,044
$186.0K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$32.5K $16.80/SF
− Vacancy
−$2.1K −$1.08/SF
EGI
$30.4K $15.72/SF
− OpEx
−$13.7K −$7.08/SF
NOI
$16.7K $8.65/SF
Area
Cleveland County, OK
Vacancy
6.40%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,880
Cap Rate 7%
$239,200
Cap Rate 9%
$186,044
Alternative Uses
Best Use
Multifamily LT 5
$258.5K
$226.2K – $301.6K
NOI $18,094 @ 7.0% cap · market cap 9.28%
Second Best
Apartment 5plus
$239.2K
$209.3K – $279.1K
NOI $16,744 @ 7.0% cap · market cap 8.59%
Theoretical Best
Office A
$476.1K
$416.6K – $555.4K
NOI $33,326 @ 7.0% cap · market cap 17.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
140
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct units offer flexible occupancy, with one available now and the other leased month to month.
Where is this duplex located?
The property is located at 1017 Acacia Cir Unit 1019 Noble, OK.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units within a 1,936‑square‑foot duplex; One unit vacant; the other occupied under a month‑to‑month agreement; Separate entrances and private utilities for each residence
