Gated Community
For Sale
$239,777
15419 Monarch Lane, Edmond, OK 73013
Residential, Edmond, OK
Property Size1,922 SF
Lot Size0.12 Acres
Price / SF$124.75
Days on Market57
Property Features for 15419 Monarch Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Window features
Window Treatments
Patio and Porch features
Patio
Interior features
Combo Woodwork
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave
Lot features
Interior Lot
Elementary school
Charles Haskell ES
Middle school
Summit MS
High school
Santa Fe HS
Elementary school district
Edmond
Middle school district
Edmond
High school district
Edmond
Directions
From 150th & Santa Fe travel north a few blocks, West into Butterfly Creek neighborhood and home is across from the gate to the left.
Standard status
Active
APN
15419NONEMonarch73013
Size
1,922 SF
Lot size
0.12 Acres
Taxes and HOA fees
HOA Fee
$2,090 Annually
Utilities
Heating system
Natural Gas
Cooling system
Electric
Amenities
gated
pool
walking trails
storm shelter
clubhouse
Building Details
Year built
2000
Flooring type
Tile, Carpet
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Keller Williams Central OK · Keller Williams Realty
(405) 330-2626
Listed By:
Terra Myers · License #150646
(405) 474-4242
Added: Aug 18
Changed: Sep 16
Last Checked: Oct 13 at 4:06PM
MLS# 1244057
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 1,922-square-foot duplex property was built in 2000 and includes an open connection between the living room, kitchen, and dining area. The kitchen has extensive cabinetry, generous work surfaces, a center island, breakfast bar, built-in desk, and hutch. A gas-log fireplace serves the living room, while the primary suite opens to a covered patio and includes an ensuite bath with double vanities, soaking tub, walk-in shower, and built-in closet storage. Additional features include a utility room with sink and storage, carpet and tile flooring, natural-gas heating, electric cooling, brick-and-frame construction, and a two-car garage with attic storage.
The property occupies a 0.1212-acre lot at 15419 Monarch Lane in Edmond, Oklahoma. It is located within the gated Butterfly Creek community, which includes a pool, walking trails, pond views, a storm shelter, sprinkler systems, and a clubhouse with kitchen, living space, and conference room. The community is near major highways, shopping, and everyday services.
The property occupies a 0.1212-acre lot at 15419 Monarch Lane in Edmond, Oklahoma. It is located within the gated Butterfly Creek community, which includes a pool, walking trails, pond views, a storm shelter, sprinkler systems, and a clubhouse with kitchen, living space, and conference room. The community is near major highways, shopping, and everyday services.
Key Highlights
- 1,922 SF duplex property on a 0.1212‑acre lot
- Built in 2000 with brick‑and‑frame construction
- Gated Butterfly Creek community with pool, trails, pond views, and storm shelter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,229
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,580
$244.6K
Cap Rate 7%
$174,700
$174.7K
Cap Rate 9%
$135,878
$135.9K
Market Conditions
NOI Build-Up for 1,922 SF
Gross rent
$24.7K $12.84/SF
− Vacancy
−$2.4K −$1.27/SF
EGI
$22.2K $11.57/SF
− OpEx
−$10.0K −$5.21/SF
NOI
$12.2K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,580
Cap Rate 7%
$174,700
Cap Rate 9%
$135,878
Alternative Uses
Best Use
Apartment 5plus
$174.7K
$152.9K – $203.8K
NOI $12,229 @ 7.0% cap · market cap 5.10%
Second Best
Multifamily LT 5
$166.8K
$146.0K – $194.6K
NOI $11,678 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$400.3K
$350.3K – $467.0K
NOI $28,022 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
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
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Frequently Asked Questions
What type of property is this?
Duplex - Residence with an open living area, private patio, two-car garage, and access to shared community amenities.
Where is this duplex located?
The property is located at 15419 Monarch Lane Edmond, OK.
What is the asking price?
The asking price for this property is $239,777.
What are key features of this property?
This property features: 1,922 SF duplex property on a 0.1212‑acre lot; Built in 2000 with brick‑and‑frame construction; Gated Butterfly Creek community with pool, trails, pond views, and storm shelter
