Duplex with Fenced
For Sale
$485,000
1370513707-13705 Oxford Dr, Edmond, OK 73013
Both residences feature open layouts, central HVAC, equipped kitchens, and fenced outdoor space.
Property Size3,385 SF
Price / SF$143.28
Days on Market44
Property Features for 1370513707-13705 Oxford Dr
General Information
Standard status
Active
Size
3,385 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Key Realty and Property Mgmt
(405) 605-6445
Listed By:
Karyn Seabrooke
(405) 409-7989
Source:
Exprealty
Added: Jul 26
Changed: Sep 5
Last Checked: Sep 7 at 2:13PM
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.
This duplex property comprises two residences totaling 3385 square feet. Each side offers a four-bedroom, two-bath layout with a two-car garage, an open connection between the kitchen and living area, ceiling fans, and central heat and air. Kitchen equipment includes an electric stove, built-in microwave, and dishwasher on each side; one residence also includes a refrigerator. Flooring includes new plush carpeting in the 13705 side and vinyl laminate in the 13707 side. Both residences have access to a fenced backyard, and the roof was replaced in 1.2024.
Located in the Oxford Park Addition in Edmond, OK, both units are currently occupied or leased. HOA dues cover mowing of the front and back yards, providing an established maintenance arrangement for the property.
Located in the Oxford Park Addition in Edmond, OK, both units are currently occupied or leased. HOA dues cover mowing of the front and back yards, providing an established maintenance arrangement for the property.
Key Highlights
- Two‑unit duplex totaling 3385 square feet
- Each unit includes 4 Bed, 2 Bath, 2 Car Garage
- New roof completed in 1.2024
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
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
174
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 - Both residences feature open layouts, central HVAC, equipped kitchens, and fenced outdoor space.
Where is this duplex located?
The property is located at 1370513707-13705 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‑unit duplex totaling 3385 square feet; Each unit includes 4 Bed, 2 Bath, 2 Car Garage; New roof completed in 1.2024
