Brand-New Duplex
11501 N Oklahoma Avenue Oklahoma City, OK 73114
11501 N Oklahoma Avenue, Oklahoma City, OK, 73114
$1,930,000
For Sale
$1,930,000
MULTI_FAMILY - Other - Oklahoma City, OK
Property Size10,000 SF
Lot Size0.78 Acres
Price / SF$193
Days on Market94
Property Features for 11501 N Oklahoma Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 24
- Bathrooms
- 16
- Rooms
- Bathroom 11, Bathroom 9, Bedroom 13, Bedroom 2, Bathroom 10, Bathroom 1, Bedroom 18, Bathroom 12, Bathroom 3, Bedroom 19, Bedroom 8, Bedroom 5, Bedroom 17, Bedroom 22, Bathroom 4, Bedroom 21, Bedroom 20, Bathroom 5, Bedroom 11, Bathroom 2, Bedroom 24, Bedroom 7, Bathroom 8, Bathroom 6, Bathroom 16, Bedroom 4, Bathroom 13, Bedroom 12, Bathroom 14, Bedroom 16, Bedroom 1, Bedroom 9, Bedroom 15, Bathroom 15, Bedroom 6, Bedroom 14, Bedroom 10, Bathroom 7, Bedroom 23, Bedroom 3
- Parking
- 8
- Appliances
- Dishwasher, Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- 11501NOklahoma73114
- Size
- 10,000 SF
- Lot size
- 0.78 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Building materials
- Brick & Frame
- Architectural style
- Other
Listing Agency
Keller Williams Realty Elite
(405) 948-7500
5629 N Classen BLVD, Oklahoma City, OK
Listed by
Blake R Shelton
(405) 819-0037
Added: Apr 15 Checked: Jul 17 at 3:06 pm
MLS# 1224328
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.
Investment Insights
Based on property information with market context.
This offering features four brand-new duplexes totaling eight residential units, all currently leased. Each unit includes vinyl flooring, stainless steel appliances (including a refrigerator and oven/range), and a washer and dryer in unit, along with a mudroom with custom built-ins, ceiling fans, and central heat and air. Architectural and durability features include HERS ratings and Class 4 impact-rated shingle roofing, and a one-year builder warranty is provided. Operationally, every unit also includes a private garage, an enclosed backyard, a security system, and a cable-ready setup.
The property is located at 11501 N Oklahoma Avenue in Oklahoma City, Oklahoma (73114). The portfolio is described as having full occupancy at the time of listing.
For investors seeking a turnkey residential income package, this configuration provides eight active leases in a newly constructed duplex format. The unit amenities and on-site-style features noted in the listing—private garages, enclosed backyards, and in-unit laundry—support broad resident appeal, while the included warranty and the specified construction features may help reduce owner maintenance and insurance-related exposure compared with older stock. On-call management and maintenance are also referenced for smoother operations from ownership through tenancy.
The property is located at 11501 N Oklahoma Avenue in Oklahoma City, Oklahoma (73114). The portfolio is described as having full occupancy at the time of listing.
For investors seeking a turnkey residential income package, this configuration provides eight active leases in a newly constructed duplex format. The unit amenities and on-site-style features noted in the listing—private garages, enclosed backyards, and in-unit laundry—support broad resident appeal, while the included warranty and the specified construction features may help reduce owner maintenance and insurance-related exposure compared with older stock. On-call management and maintenance are also referenced for smoother operations from ownership through tenancy.
Key Highlights
- Four brand‑new duplexes with 8 total residential units (8 premium units)
- Under construction, with an estimated year built of 2026
- Brick & frame construction with natural gas heating and central air plus electric cooling
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 | $138.0k | $13.80 |
| − Vacancy | −$7.6k | −$0.76 |
| EGI | $130.4k | $13.04 |
| − OpEx | −$39.1k | −$3.91 |
| NOI | $91.3k | $9.13 |
10,000 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.52M
NOI $91,287 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,467 @ 7.0% cap · market cap 4.38%
Theoretical Best
Specialty Retail
$3.42M
$2.99M – $3.99M
NOI $239,400 @ 7.0% cap · market cap 12.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Four brand-new duplexes provide eight leased residential units with in-unit laundry, private garages, and modern finishes.
Where is this duplex located?
The property is located at 11501 N Oklahoma Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,930,000.
What are key features of this property?
This property features: Four brand‑new duplexes with 8 total residential units (8 premium units); Under construction, with an estimated year built of 2026; Brick & frame construction with natural gas heating and central air plus electric cooling
