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Modern Duplex Income Property

1509 N Hartford Street Stillwater, OK 74075

New
1509 N Hartford Street, Stillwater, OK, 74075
$250,000
For Sale
Claim this Listing
$250,000

MULTI_FAMILY - Modern - Stillwater, OK

Property Size1,946 SF
Lot Size0.23 Acres
Price / SF$128.47
AddedJul 13
Days on Market2
Last RefreshJul 14 at 4:06 pm

Property Features for 1509 N Hartford Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1
Parking
2
Appliances
Dryer, Refrigerator, Washer
Standard status
Active
APN
1509NHartford1509&151174075
Size
1,946 SF
Lot size
0.23 Acres

Utilities

Heating system
Natural Gas
Cooling system
Electric, Central Air

Building Details

Year built
1972
Floors in Building
1
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Modern

Listing agent LaMoyne Hardin

Listing office C21/Judge Fite Guthrie 110 S Division, Edmond, OK

Listing date Jul 13, 2026

MLS# 1238345 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.


Investment Insights

Based on property information with market context.

This modern duplex includes two fully leased 2-bedroom, 1-bath units. Each unit features a spacious living area and a functional kitchen, along with comfortable bedrooms. The property also includes a shared garage, and recent updates with consistent maintenance support a turnkey condition.

The duplex is located at 1509 & 1511 N Hartford Street in Stillwater, Oklahoma (Payne County). The address places the property near shopping, restaurants, schools, and Oklahoma State University.

With two income-producing units in place, the offering provides a straightforward residential income configuration for an investor or buyer looking for an actively leased duplex.

Key Highlights

  • Duplex at 1509 & 1511 N Hartford with two fully leased 2‑bedroom, 1‑bath units
  • Each unit includes a spacious living area and a functional kitchen
  • Shared garage on‑site

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 $23.8k $12.24
− Vacancy −$2.4k −$1.24
EGI $21.4k $11.00
− OpEx −$6.4k −$3.30
NOI $15.0k $7.70
1,946 SF · lease $12.24/SF/yr · vacancy 10.16% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$214.0K
$187.2K – $249.7K (±1% cap)
NOI $14,979 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$198.3K
$173.5K – $231.3K (±1% cap)
NOI $13,878 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$478.5K
$418.7K – $558.3K (±1% cap)
NOI $33,498 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center Plumbing Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex offers two fully leased 2-bedroom, 1-bath units with a shared garage.
Where is this duplex located?
The property is located at 1509 N Hartford Street Stillwater, OK.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex at 1509 & 1511 N Hartford with two fully leased 2‑bedroom, 1‑bath units; Each unit includes a spacious living area and a functional kitchen; Shared garage on‑site
Contact an agent
More about this property
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