Two-Unit Duplex with Separate
For Sale
$636,000
1533 Glenbrook Dr, Oklahoma City, OK 73118
All-electric upper and lower residences include one vacant unit and one occupied unit.
Property Size5,258 SF
Price / SF$120.96
Days on Market85
Property Features for 1533 Glenbrook Dr
General Information
Standard status
Active
Size
5,258 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1971
Stories
2
Listing Agency:
First Source Real Estate Inc.
Listed By:
Carpenter W Parham
(405) 420-5413
Source:
Vibrantok
Added: Jul 24
Changed: Sep 15
Last Checked: Oct 15 at 1:35AM
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 First Source Real Estate Inc.
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Investment Insights
Based on property information with market context.
This two-unit duplex is being offered as a single property, with matching residences arranged on upper and lower levels. Each unit provides more than 2,500 square feet of living space, while the property totals 5,258 square feet. The building is entirely electric and was constructed in 1971.
The upper residence is vacant, and the lower residence is occupied. The property is located at 1533 Glenbrook Dr in Oklahoma City, with access to Nichols Hills and Glenbrook as well as Downtown OKC, Bricktown, the Plaza District, Classen Curve, Lake Hefner, and other listed destinations within approximately 5–15 minutes.
The upper residence is vacant, and the lower residence is occupied. The property is located at 1533 Glenbrook Dr in Oklahoma City, with access to Nichols Hills and Glenbrook as well as Downtown OKC, Bricktown, the Plaza District, Classen Curve, Lake Hefner, and other listed destinations within approximately 5–15 minutes.
Key Highlights
- Two matching duplex units arranged on upper and lower levels
- Each residence offers more than 2,500 square feet of living space
- 5,258‑square‑foot property built in 1971
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,999
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,980
$960.0K
Cap Rate 7%
$685,700
$685.7K
Cap Rate 9%
$533,322
$533.3K
Market Conditions
NOI Build-Up for 5,258 SF
Gross rent
$72.6K $13.80/SF
− Vacancy
−$4.0K −$0.76/SF
EGI
$68.6K $13.04/SF
− OpEx
−$20.6K −$3.91/SF
NOI
$48.0K $9.13/SF
Area
Oklahoma City, OK
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,980
Cap Rate 7%
$685,700
Cap Rate 9%
$533,322
Alternative Uses
Best Use
Multifamily LT 5
$685.7K
$600.0K – $800.0K
NOI $47,999 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$634.5K
$555.2K – $740.2K
NOI $44,413 @ 7.0% cap · market cap 6.98%
Theoretical Best
Specialty Retail
$1.80M
$1.57M – $2.10M
NOI $125,877 @ 7.0% cap · market cap 19.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
Explore this area
Business Placement
Demographics for 73118, OK
13,521
Population
7,856
Households
1.7
Avg Household Size
37
Median Age
49%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
2,817
Density / Sq Mi
$69,321
Median Household Income
$45,494
Median Earnings
$1,064
Median Rent
$252,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - All-electric upper and lower residences include one vacant unit and one occupied unit.
Where is this duplex located?
The property is located at 1533 Glenbrook Dr Oklahoma City, OK.
What is the asking price?
The asking price for this property is $636,000.
What are key features of this property?
This property features: Two matching duplex units arranged on upper and lower levels; Each residence offers more than 2,500 square feet of living space; 5,258‑square‑foot property built in 1971
