1312 Pennington Avenue Edmond, OK 73012
MULTI_FAMILY - Other - Edmond, OK
- Added:
- Jul 9, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 12 at 12:06 am
Property Features for 1312 Pennington Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 2
- Parking
- 2
- Standard status
- Active
- APN
- 1312NONEPennington1312,131473012
- Size
- 2,252 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1981
- Floors in Building
- 2
- Building materials
- Frame, Masonry Vaneer
- Roof type
- Composition
- Architectural style
- Other
Listing agent Eleonore Hutton (405) 412-6921
Listing office Copper Creek Real Estate 124 NW 12th St, Oklahoma City, OK (405) 888-9902
Listing date Jul 9, 2026
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.
Located at 1312 Pennington Avenue in Edmond, Oklahoma (73012), the property sits on a 0.1736-acre lot. With two well-defined living spaces, it offers an owner-occupant setup or a straightforward rental configuration for buyers seeking multi-unit residential housing.
For owner-occupants, the current vacancy on the 3-bedroom side may allow for flexibility while the other unit can support rental use. For investors, the duplex’s two separate units provide an opportunity to lease both sides, with the garage feature adding an amenity on one side of the property. The property size is listed at 2,252 square feet, and it may be a fit for buyers looking for a compact, two-unit structure in Edmond.
Key Highlights
- Duplex built in 1981 with frame and masonry veneer construction
- 3‑bedroom, 1.5‑bath unit is currently vacant
- 3‑bedroom unit has no garage
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 | $28.9k | $12.84 |
| − Vacancy | −$2.9k | −$1.27 |
| EGI | $26.1k | $11.57 |
| − OpEx | −$11.7k | −$5.21 |
| NOI | $14.3k | $6.36 |
