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Edmond Duplex in Prime Location

1404 Mary Lee Lane, Edmond, OK 73034

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For Sale

$375,000

MULTI_FAMILY - Other - Edmond, OK

Property size:

3,190 SF

Lot size:

0.35 Acres

Price / SF:

$117/SF

HighLights

Duplex built in 1979 with frame construction and a shingle roof
Fireplace included
Unit 1404: 2‑bedroom, 2.5‑bath layout
Unit 1406: 3‑bedroom, 2‑bath layout
Includes 2‑car garages and fenced backyard space positioned by a creek
Fenced backyard backs to wooded space for privacy; selling AS‑IS

We can help!

Contact an agent

Beau Bailey

For Sale

$375,000

MULTI_FAMILY - Other - Edmond, OK

Property size:

3,190 SF

Lot size:

0.35 Acres

Price / SF:

$117/SF

Added:: Nov 27, 2025
Days on Market:: 212
Last Refresh:: Jun 27 at 4:06 pm

Property Features for 1404 Mary Lee Lane

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 5
Bathrooms: 5
Rooms: Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 5, Bedroom 5, Bathroom 4
Fireplace: 1
Standard status: Active
APN: 1404NONEMaryLee73034
Size: 3,190 SF
Lot size: 0.35 Acres

Building Details

Year built: 1979
Floors in Building: 2
Building materials: Frame
Roof type: Shingle
Architectural style: Other

We can help!

Contact an agent

Beau Bailey

Listing agent Beau Bailey License #177361

Listing office Salt Real Estate Inc 1508 W Edmond Rd, Edmond, OK

Listing date Nov 27, 2025

MLS# 1204227 Listing URL

HighLights

Duplex built in 1979 with frame construction and a shingle roof
Fireplace included
Unit 1404: 2‑bedroom, 2.5‑bath layout
Unit 1406: 3‑bedroom, 2‑bath layout
Includes 2‑car garages and fenced backyard space positioned by a creek
Fenced backyard backs to wooded space for privacy; selling AS‑IS

Overview

This East Edmond duplex presents an investment opportunity. The property features two units: one with 2 bedrooms and 2.5 bathrooms, and the other with 3 bedrooms and 2 bathrooms. Each unit offers spacious layouts and functionally sized kitchens. Both units include 2-car garages. The property is situated in a location near amenities and highway access. The fenced backyard spaces are positioned by the creek just behind the property line and the wooded space provides privacy. Located on a 0.351-acre lot, the property offers a total of 3190 square feet of living space. The property is located within walking distance to Elementary, Middle School and High School. This property is being sold AS-IS and is suited for income investment or as a home.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$41.0k	$12.84
− Vacancy	−$4.1k	−$1.27
EGI	$36.9k	$11.57
− OpEx	−$16.6k	−$5.21
NOI	$20.3k	$6.36

3,190 SF · lease $12.84/SF/yr · vacancy 9.90% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$290.0K

$253.7K – $338.3K (±1% cap)

NOI $20,298 @ 7.0% cap · market cap 5.41%

Second Best

Multifamily LT 5

$276.9K

$242.3K – $323.0K (±1% cap)

NOI $19,382 @ 7.0% cap · market cap 5.17%

Theoretical Best

Office A

$664.4K

$581.4K – $775.2K (±1% cap)

NOI $46,509 @ 7.0% cap · market cap 12.40%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Edmond
County: Oklahoma
State: Oklahoma
Longitude: -97.471111
Latitude: 35.640028

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For sale
Duplexes
OK
Edmond
73034
1404 Mary Lee Lane

What type of property is this?

Duplex - East Edmond duplex, spacious units, ideal for investment or residence.

Where is this duplex located?

The property is located at 1404 Mary Lee Lane Edmond, OK.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Duplex built in 1979 with frame construction and a shingle roof; Fireplace included; Unit 1404: 2‑bedroom, 2.5‑bath layout

1404 Mary Lee Lane, Edmond, OK 73034

MULTI_FAMILY - Other - Edmond, OK

Property Features for 1404 Mary Lee Lane

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Edmond Commercial Property For Sale

Leased Industrial Flex Buildings

Edmond Industrial/Flex Property For Sale

Quadplex with Private Patios and Garages

Industrial Building in Koloa Park

Duplex with Three-Bedroom Units

Veterinarian Clinic in Edmond, OK

Move-in Ready Duplex Near UCO

Edmond Duplex Near UCO

New Construction Duplex with Two Driveways

Downtown Edmond Retail/Office Opportunity

Edmond Income-Producing Duplex Near School

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