Duplex
For Sale
$239,995
1519 E 66th, Tulsa, OK 74136
The property is currently leased and offers an existing residential income use.
Property Size2,635 SF
Price / SF$91.08
Days on Market85
Property Features for 1519 E 66th
General Information
Standard status
Active
Size
2,635 SF
Property subtype
Duplex
Site & Location
Neighborhood
Timberlane Hills
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1970
Listing Agency:
Coldwell Banker Select
(918) 396-9888
Listed By:
Rhonda K Agosto
(918) 260-3800
Source:
Spiritrealtygroup
Added: Aug 10
Changed: Nov 1
Last Checked: Nov 1 at 4:11PM
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 Coldwell Banker Select
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Investment Insights
Based on property information with market context.
This 2,635-square-foot duplex was built in 1970 and is currently leased. It is located at 1519 E 66th in Tulsa, Oklahoma.
Key Highlights
- 2,635 square feet
- Built in 1970
- Currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,683
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,660
$413.7K
Cap Rate 7%
$295,471
$295.5K
Cap Rate 9%
$229,811
$229.8K
Market Conditions
NOI Build-Up for 2,635 SF
Gross rent
$41.7K $15.84/SF
− Vacancy
−$4.1K −$1.57/SF
EGI
$37.6K $14.27/SF
− OpEx
−$16.9K −$6.42/SF
NOI
$20.7K $7.85/SF
Area
ZIP 74136
Vacancy
9.90%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,660
Cap Rate 7%
$295,471
Cap Rate 9%
$229,811
Alternative Uses
Best Use
Multifamily LT 5
$320.9K
$280.8K – $374.3K
NOI $22,460 @ 7.0% cap · market cap 9.36%
Second Best
Apartment 5plus
$295.5K
$258.5K – $344.7K
NOI $20,683 @ 7.0% cap · market cap 8.62%
Theoretical Best
Office A
$571.4K
$500.0K – $666.6K
NOI $39,996 @ 7.0% cap · market cap 16.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
Business Placement
Demographics for 74136, OK
30,416
Population
16,375
Households
1.9
Avg Household Size
38
Median Age
38%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
3,950
Density / Sq Mi
$51,314
Median Household Income
$35,072
Median Earnings
$926
Median Rent
$292,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property is currently leased and offers an existing residential income use.
Where is this duplex located?
The property is located at 1519 E 66th Tulsa, OK.
What is the asking price?
The asking price for this property is $239,995.
What are key features of this property?
This property features: 2,635 square feet; Built in 1970; Currently leased
