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    Two-Story Duplex in Oklahoma City Title is generated by Realmo AI

    1424 NW 33rd Street, Oklahoma City, OK 73118

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    Claim this Listing
    For Sale
    $269,900

    MULTI_FAMILY - Ranch - Oklahoma City, OK

    Type:Single Family Residence
    Property size:
    1,595 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $169/SF
    Added:
    Apr 21, 2026
    Days on Market:
    65
    Last Refresh:
    Jun 24 at 6:06 pm

    Property Features for 1424 NW 33rd Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
    Standard status
    Active
    APN
    1424NW33rd73118
    Size
    1,595 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1905
    Floors in Building
    2
    Building materials
    Brick & Frame
    Roof type
    Composition
    Architectural style
    Ranch

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    Contact an agent
    Thao Nguyen-Pham

    Listing agent Thao Nguyen-Pham License #200060

    Listing office Spearhead Realty Group LLC 5909 NW Expressway Suite G-180, Oklahoma City, OK

    Listing date Apr 21, 2026

    MLS# 1225271 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

    • Two‑story duplex with two fully separate units, both currently vacant
    • Downstairs unit: 2 bedrooms and 1 full bathroom
    • Upstairs unit: 1 bedroom and 1 bathroom
    • Updated kitchen with granite countertops
    • Separate electric meters for each unit; electric heating and central air
    • Zoned R‑2 residential; brick & frame construction; roof is composition; year built 1905; being sold as‑is

    Overview

    Located in the Military Park addition, this two-story duplex presents an investment opportunity. The property is situated near Oklahoma City University and various shopping, dining, and local attractions. The duplex features two separate units, both currently vacant. The downstairs unit includes 2 bedrooms and 1 full bathroom, while the upstairs unit offers 1 bedroom and 1 bathroom. The property has an updated kitchen with granite countertops and generous storage. Zoned R-2 residential, the property has separate electric meters for each unit. The property is 1595 square feet and sits on a lot of approximately 0.1837 acres. The downstairs unit has an estimated rental potential of approximately $1,100 per month, and the upstairs unit has an estimated rental potential of $750 or more per month.

    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 $22.0k $13.80
    − Vacancy −$1.2k −$0.76
    EGI $20.8k $13.04
    − OpEx −$6.2k −$3.91
    NOI $14.6k $9.13
    1,595 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $208.0K
    $182.0K – $242.7K (±1% cap)
    NOI $14,560 @ 7.0% cap · market cap 5.39%
    Second Best
    Apartment 5plus
    $192.5K
    $168.4K – $224.5K (±1% cap)
    NOI $13,472 @ 7.0% cap · market cap 4.99%
    Theoretical Best
    Specialty Retail
    $545.5K
    $477.3K – $636.4K (±1% cap)
    NOI $38,184 @ 7.0% cap · market cap 14.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.535672
    Latitude
    35.503918

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with income potential in a vibrant neighborhood.
    Where is this duplex located?
    The property is located at 1424 NW 33rd Street Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: Two‑story duplex with two fully separate units, both currently vacant; Downstairs unit: 2 bedrooms and 1 full bathroom; Upstairs unit: 1 bedroom and 1 bathroom
    More about this property
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