Income-Producing Property in Medical
1212 NE 19th Street, Oklahoma City, OK 73111
MULTI_FAMILY - Other - Oklahoma City, OK
Property size:
1,448 SFLot size:
0.15 AcresPrice / SF:
$151/SF- Added:
- May 20, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 2 at 2:06 pm
Property Features for 1212 NE 19th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1
- Fireplace
- 1
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator, Warming Drawer, Water Heater
- Standard status
- Active
- APN
- 1212NE19th73111
- Size
- 1,448 SF
- Lot size
- 0.15 Acres
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1925
- Building materials
- Brick & Frame, Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Dylan Carter License #207708 (580) 475-4557
Listing office Remax Gold Buckle Realty 510 E Main, Weatherford, OK (580) 330-9090
Listing date May 20, 2026
MLS# 1230327
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
- Income‑producing property with a main house and separate back house, offering multiple rental opportunities.
- High Airbnb occupancy rate (approx. 95%) and average nightly rate ($73) for the back house.
- Move‑in ready condition for both homes, suitable for investors or owner‑occupants.
- Main house features a comfortable living area, fireplace, and beautiful kitchen.
- Back house is well‑finished with a stylish bathroom and kitchen area, ideal for guests or tenants.
- Recent updates include new plumbing, fencing, cosmetic repairs, and exterior improvements.
Overview
This property presents an income-producing opportunity in Oklahoma City's medical district. It features a main home with 2 bedrooms and 1 bathroom, along with a separate 1-bedroom, 1-bathroom house in the back. The property offers options for investors seeking two rental units, buyers wanting to occupy the main house and rent out the second, or those interested in short-term rentals. Both homes are move-in ready. The main house includes a living area, fireplace, kitchen, and natural flow. The back house features a bathroom, kitchen area, and a layout suitable for guests, tenants, or short-term rental use. The current owners have used the back house as an Airbnb. Both homes were remodeled prior to the sellers' ownership, and the current owners have continued improving and maintaining the property with new plumbing throughout, fencing added for the back house, cosmetic repairs, and fresh exterior updates. A storage shed is included for added convenience. The property is situated on a lot of 0.1481 acres. The property size is 1448 square feet. Located on a street with several remodeled homes nearby, this property fits right in with the continued improvement happening in the area.
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 | $20.0k | $13.80 |
| − Vacancy | −$1.1k | −$0.76 |
| EGI | $18.9k | $13.04 |
| − OpEx | −$5.7k | −$3.91 |
| NOI | $13.2k | $9.13 |
1,448 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$188.8K
$165.2K – $220.3K
NOI $13,218 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$174.7K
$152.9K – $203.9K
NOI $12,231 @ 7.0% cap · market cap 5.58%
Theoretical Best
Specialty Retail
$495.2K
$433.3K – $577.8K
NOI $34,665 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.490666
- Latitude
- 35.488812
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Oklahoma City property with main house and separate back house.
Where is this duplex located?
The property is located at 1212 NE 19th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Income‑producing property with a main house and separate back house, offering multiple rental opportunities.; High Airbnb occupancy rate (approx. 95%) and average nightly rate ($73) for the back house.; Move‑in ready condition for both homes, suitable for investors or owner‑occupants.
