Two-Unit Duplex
For Sale
$485,000
13705 Oxford Dr, Edmond, OK 73013
Each residence includes an open kitchen, central heat and air, fenced backyard, and attached two-car garage.
Property Size3,385 SF
Price / SF$143.28
Days on Market18
Property Features for 13705 Oxford Dr
General Information
Standard status
Active
Size
3,385 SF
Total Parking Spaces
4
Property subtype
Residential Income
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Parking per Unit
2
Amenities
fenced yard
Building Details
Buildings
1
Listing Agency:
Key Realty and Property Mgmt
(405) 409-7989
Listed By:
Karyn Seabrooke
(405) 409-7989
Source:
Exprealty
Added: Jul 26
Changed: Aug 10
Last Checked: Aug 11 at 11:42AM
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 Key Realty and Property Mgmt
Investment Insights
Based on property information with market context.
The Oxford Park Addition property comprises two duplex residences totaling 3,385 square feet. Each side offers four bedrooms, two bathrooms, a two-car garage, an open kitchen-to-living layout, ceiling fans, and central heat and air. Kitchen equipment includes an electric range, built-in microwave, and dishwasher; one residence also includes a refrigerator. Fenced backyards provide separate outdoor space for each side.
Interior finishes differ between the residences: 13705 features new plush carpeting in the bedrooms, while 13707 has vinyl laminate flooring. The roof was replaced in 1.2024. The property is located at 13705 Oxford Dr in Edmond, Oklahoma, and HOA dues cover mowing for the front and back yards.
Interior finishes differ between the residences: 13705 features new plush carpeting in the bedrooms, while 13707 has vinyl laminate flooring. The roof was replaced in 1.2024. The property is located at 13705 Oxford Dr in Edmond, Oklahoma, and HOA dues cover mowing for the front and back yards.
Key Highlights
- Two duplex residences at 13705/13707 Oxford Dr
- 3,385 square feet with two 4‑bedroom, 2‑bath units
- Each side includes a 2‑car garage and fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,538
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$430,760
$430.8K
Cap Rate 7%
$307,686
$307.7K
Cap Rate 9%
$239,311
$239.3K
Market Conditions
NOI Build-Up for 3,385 SF
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.
Gross rent
$43.5K $12.84/SF
− Vacancy
−$4.3K −$1.27/SF
EGI
$39.2K $11.57/SF
− OpEx
−$17.6K −$5.21/SF
NOI
$21.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$430,760
Cap Rate 7%
$307,686
Cap Rate 9%
$239,311
Alternative Uses
Best Use
Apartment 5plus
$307.7K
$269.2K – $359.0K
NOI $21,538 @ 7.0% cap · market cap 4.44%
Second Best
Multifamily LT 5
$293.8K
$257.1K – $342.8K
NOI $20,567 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$705.0K
$616.9K – $822.5K
NOI $49,352 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes an open kitchen, central heat and air, fenced backyard, and attached two-car garage.
Where is this duplex located?
The property is located at 13705 Oxford Dr Edmond, OK.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two duplex residences at 13705/13707 Oxford Dr; 3,385 square feet with two 4‑bedroom, 2‑bath units; Each side includes a 2‑car garage and fenced backyard
