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    Four-Plex Unit Investment Title is generated by Realmo AI

    109 Kendra Drive, Midwest City, OK 73110

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    New
    For Sale
    $115,000

    MULTI_FAMILY - Other - Midwest City, OK

    Property size:
    1,051 SF
    Price / SF:
    $109/SF
    Added:
    Jul 5, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 7 at 7:06 pm

    Property Features for 109 Kendra Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
    Parking
    2
    Fireplace
    1
    Appliances
    Dishwasher, Refrigerator, Washer/Dryer, Water Heater
    Standard status
    Active
    APN
    109NONEKendra73110
    Size
    1,051 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1981
    Floors in Building
    1
    Building materials
    Brick & Frame
    Roof type
    Composition
    Architectural style
    Other

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    Sonya Weaver
    Sonya Weaver

    Listing agent Sonya Weaver License #132181

    Listing office RE/MAX Gemini 3101 Tinker Diagonal, Oklahoma City, OK

    Listing date Jul 5, 2026

    MLS# 1237994 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.

    HighLights

    • One unit in a four‑plex that is currently occupied; tenant lease runs through 30 Sep 26
    • 1981 build with brick & frame construction, composition roof, and central air with electric cooling
    • Large living room with decorative fireplace open to the dining space
    • Kitchen with glass top electric stove, dishwasher, and refrigerator; stackable washer/dryer included
    • Two bedrooms and two full bathrooms
    • Updates within last 3 years: LVP flooring, repainted interior, can lights in kitchen, kitchen cabinets, subway tile backsplash, and countertops

    Overview

    This offering is a single unit within a four-plex at 109 Kendra Drive. The home features a large living room with a decorative fireplace that opens to the dining area. The kitchen includes a glass-top electric stove, dishwasher, and refrigerator, plus stackable washer/dryer for in-unit laundry convenience. There are two bedrooms and two full bathrooms. Recent updates within the last three years include LVP flooring, repainted interior, can lights in the kitchen, new cabinets, a subway tile backsplash, and updated countertops in the kitchen. The HVAC was manufactured in 2017, and the hot water tank is dated 2020.

    The property is located in Midwest City, Oklahoma (Oklahoma County). The current unit is occupied, and the existing lease runs through September 30, 2026.

    For buyers or investors seeking a small, manageable multifamily asset, this unit provides a self-contained residential layout with functional in-unit amenities and documented updates. With an in-place lease that extends into 2026, the property supports immediate occupancy while offering time to align future operating plans with the next lease term.

    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 $13.5k $12.84
    − Vacancy −$1.3k −$1.27
    EGI $12.2k $11.57
    − OpEx −$5.5k −$5.21
    NOI $6.7k $6.36
    1,051 SF · lease $12.84/SF/yr · vacancy 9.90% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $95.5K
    $83.6K – $111.5K (±1% cap)
    NOI $6,687 @ 7.0% cap · market cap 5.81%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $218.9K
    $191.5K – $255.4K (±1% cap)
    NOI $15,323 @ 7.0% cap · market cap 13.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Big Box & Wholesale Store Building Supply Real Estate Agency Auto Repair Shop Grocery & Convenience Store Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Hair Salon Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Midwest City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.374285
    Latitude
    35.464566

    FAQs

    What type of property is this?
    Multifamily property - Occupied four-plex unit with recent interior updates, two bedrooms, and in-unit laundry.
    Where is this multifamily property located?
    The property is located at 109 Kendra Drive Midwest City, OK.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: One unit in a four‑plex that is currently occupied; tenant lease runs through 30 Sep 26; 1981 build with brick & frame construction, composition roof, and central air with electric cooling; Large living room with decorative fireplace open to the dining space
    More about this property
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