Two-Unit Duplex with Garage
105 E Cedar Avenue Fort Gibson, OK 74434
105 E Cedar Avenue, Fort Gibson, OK, 74434
$281,500
Pending
For Sale
$281,500
Pending
DUPLEX - Fort Gibson, OK
Property Size1,875 SF
Lot Size0.40 Acres
Days on Market50
Property Features for 105 E Cedar Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1
- Window features
- Vinyl Frames
- Patio and Porch features
- Porch
- Interior features
- High Speed Internet, Smoke Detector
- Exterior features
- Gutters
- Appliances
- Dishwasher, Range/Oven
- Standard status
- Pending
- APN
- 510037734
- Size
- 1,875 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Lots 4 & 5 Block 117 Fort Gibson OT
- Tax Annual Amount
- 1239
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Flooring type
- Carpet, Tile
- Building materials
- Wood Frame
- Roof type
- Metal
Listing Agency
Chinowth & Cohen
(918) 537-2263
1806 Chandler Road, Tulsa, OK
Listed by
Michele Mackey
(918) 392-0900
Added: Jun 1 Updated: Jul 9 at 3:15 am Checked: Jul 20 at 4:06 pm
MLS# 2620440
Listing URL
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Investment Insights
Based on property information with market context.
This low-maintenance duplex was built in 2003 and offers two separate residential units. Each unit includes 2 bedrooms and 1 bathroom, along with an in-unit laundry room. The units are separated by a one-car garage, providing privacy and everyday convenience for both households. The property is presented as a consistently performing rental since it was originally rented by owners.
Located at 105 E Cedar Avenue in Fort Gibson, Oklahoma, the duplex sits on a 0.396-acre lot in Muskogee County. Public remarks indicate the property is within walking distance to the school and is associated with the Fort Gibson School District.
For investors, this configuration supports a straightforward, repeatable rental layout with the added appeal of in-unit laundry and garage separation. The public remarks also note 100% occupancy since the property was built, which may be attractive for buyers seeking a rental with a documented leasing history. For tenants, the two-bedroom, one-bath plan paired with a private one-car garage and walkable access to the school can be an efficient fit for households looking for convenience and separation within a duplex setting.
Located at 105 E Cedar Avenue in Fort Gibson, Oklahoma, the duplex sits on a 0.396-acre lot in Muskogee County. Public remarks indicate the property is within walking distance to the school and is associated with the Fort Gibson School District.
For investors, this configuration supports a straightforward, repeatable rental layout with the added appeal of in-unit laundry and garage separation. The public remarks also note 100% occupancy since the property was built, which may be attractive for buyers seeking a rental with a documented leasing history. For tenants, the two-bedroom, one-bath plan paired with a private one-car garage and walkable access to the school can be an efficient fit for households looking for convenience and separation within a duplex setting.
Key Highlights
- Duplex built in 2003 in the Fort Gibson School District
- Rented 100% of the time since built by the owners
- Each unit offers 2 bedrooms and 1 bath plus a dedicated laundry room
Local 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 | $19.1k | $10.20 |
| − Vacancy | −$1.2k | −$0.66 |
| EGI | $17.9k | $9.54 |
| − OpEx | −$5.4k | −$2.86 |
| NOI | $12.5k | $6.68 |
1,875 SF · lease $10.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$178.8K
$156.5K – $208.6K
NOI $12,517 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$159.8K
$139.8K – $186.5K
NOI $11,187 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$392.5K
$343.4K – $457.9K
NOI $27,472 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two 2-bedroom/1-bath units, each with laundry and a one-car garage separation, fully leased since 2003.
Where is this duplex located?
The property is located at 105 E Cedar Avenue Fort Gibson, OK.
What is the asking price?
The asking price for this property is $281,500.
What are key features of this property?
This property features: Duplex built in 2003 in the Fort Gibson School District; Rented 100% of the time since built by the owners; Each unit offers 2 bedrooms and 1 bath plus a dedicated laundry room
