Two-Unit Duplex with
For Sale
$379,000
110 Barrett Place #108 & 110, Edmond, OK 73003
Each residence has a three-bedroom, two-bathroom layout and an attached garage.
Property Size2,450 SF
Price / SF$154.69
Days on Market59
Property Features for 110 Barrett Place #108 & 110
General Information
Standard status
Active
Size
2,450 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Building Size
2,450 SF
Year Built
2014
Stories
1
Units
108110
Listing Agency:
The Agency
(405) 216-3693
Listed By:
Tess Myers · License #200887
(405) 388-5766
Source:
1oakok
Added: Sep 5
Changed: Nov 1
Last Checked: Nov 1 at 1:43AM
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 The Agency
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2014, this duplex contains two residences, each with three bedrooms, two bathrooms, approximately 1,225 square feet, and an attached garage. The combined property measures 2,450 square feet and is offered as one asset.
The property is in Edmond, near shopping, dining, and schools.
The property is in Edmond, near shopping, dining, and schools.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- Approximately 1,225 square feet per residence
- Attached garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,589
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,780
$311.8K
Cap Rate 7%
$222,700
$222.7K
Cap Rate 9%
$173,211
$173.2K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$31.5K $12.84/SF
− Vacancy
−$3.1K −$1.27/SF
EGI
$28.3K $11.57/SF
− OpEx
−$12.8K −$5.21/SF
NOI
$15.6K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,780
Cap Rate 7%
$222,700
Cap Rate 9%
$173,211
Alternative Uses
Best Use
Apartment 5plus
$222.7K
$194.9K – $259.8K
NOI $15,589 @ 7.0% cap · market cap 4.11%
Second Best
Multifamily LT 5
$212.7K
$186.1K – $248.1K
NOI $14,886 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$510.3K
$446.5K – $595.3K
NOI $35,720 @ 7.0% cap · market cap 9.42%
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
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 73003, OK
22,648
Population
9,760
Households
2.3
Avg Household Size
36
Median Age
42%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,061
Density / Sq Mi
$76,957
Median Household Income
$45,176
Median Earnings
$1,338
Median Rent
$230,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a three-bedroom, two-bathroom layout and an attached garage.
Where is this duplex located?
The property is located at 110 Barrett Place #108 & 110 Edmond, OK.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; Approximately 1,225 square feet per residence; Attached garage for each unit
