Fully Remodeled Duplex
1609 NW 12th Street Oklahoma City, OK 73106
1609 NW 12th Street, Oklahoma City, OK, 73106
$400,000
For Sale
$400,000
MULTI_FAMILY - Other - Oklahoma City, OK
Property Size2,152 SF
Lot Size0.08 Acres
Price / SF$185.87
Days on Market52
Property Features for 1609 NW 12th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3
- Standard status
- Active
- APN
- 1609NW12th73106
- Size
- 2,152 SF
- Lot size
- 0.08 Acres
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
Copper Creek Real Estate
(405) 888-9902
124 NW 12th St, Oklahoma City, OK
Listed by
Rachael Silverstein · License #206357
(405) 756-6137
Added: May 27 Checked: Jul 17 at 7:06 pm
MLS# 1231461
Listing URL
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Investment Insights
Based on property information with market context.
This fully remodeled duplex offers a turnkey setup with updated kitchens and bathrooms, modern interior finishes, and abundant natural light throughout. The layout includes high ceilings and spacious rooms on both sides, designed to appeal to long-term residents. Each unit’s improvements were completed with a focus on livability and durability, making the property well-suited for an owner-occupant who wants rental income or an investor seeking a ready-to-operate asset. The property includes a total building size of 2,152 square feet and sits on a 0.0781-acre lot.
Located at 1609 NW 12th Street in Oklahoma City, the home is positioned about three blocks from the Plaza District and directly across from McKinley Park. Access to nearby amenities is convenient, with the park setting providing immediate proximity to outdoor recreation.
One side of the duplex is currently occupied, offering immediate in-place rental use. With both units refreshed through remodeling and featuring updated interiors, this property can fit buyers looking for a low-maintenance residential income option in a walk-to-area setting near established urban destinations.
Located at 1609 NW 12th Street in Oklahoma City, the home is positioned about three blocks from the Plaza District and directly across from McKinley Park. Access to nearby amenities is convenient, with the park setting providing immediate proximity to outdoor recreation.
One side of the duplex is currently occupied, offering immediate in-place rental use. With both units refreshed through remodeling and featuring updated interiors, this property can fit buyers looking for a low-maintenance residential income option in a walk-to-area setting near established urban destinations.
Key Highlights
- Fully remodeled duplex (Construction: brick & frame) built in 1935
- One side currently occupied, providing immediate rental income potential
- Located directly across from McKinley Park and about 3 blocks from the Plaza District
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 | $29.7k | $13.80 |
| − Vacancy | −$1.6k | −$0.76 |
| EGI | $28.1k | $13.04 |
| − OpEx | −$8.4k | −$3.91 |
| NOI | $19.6k | $9.13 |
2,152 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$280.6K
$245.6K – $327.4K
NOI $19,645 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$259.7K
$227.2K – $303.0K
NOI $18,177 @ 7.0% cap · market cap 4.54%
Theoretical Best
Specialty Retail
$736.0K
$644.0K – $858.7K
NOI $51,519 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Turnkey duplex with updated kitchens and bathrooms, featuring one side currently occupied and fully remodeled for modern living.
Where is this duplex located?
The property is located at 1609 NW 12th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Fully remodeled duplex (Construction: brick & frame) built in 1935; One side currently occupied, providing immediate rental income potential; Located directly across from McKinley Park and about 3 blocks from the Plaza District
