Two-Family Residential
For Sale
$338,400
1610-1612 W 22nd Avenue, Stillwater, OK 74074
Central air, forced-air heating, and an attached garage serve this two-family property.
Property Size2,925 SF
Price / SF$115.69
Days on Market9
Property Features for 1610-1612 W 22nd Avenue
General Information
Standard status
Active
Size
2,925 SF
Property subtype
Residential Income
Zoning
Two Family Stw
Taxes and HOA fees
Annual Taxes
$3,212
Amenities
Central Air
Forced Air
Dishwasher, Disposal, Microwave, Range, Refrigerator
Garage Door Opener, Attached
Building Details
Building Size
2,925 SF
Year Built
2004
Listed By:
Audrey Bryant
(405) 742-8168
Source:
Evrealestate
Added: Sep 28
Changed: Oct 1
Last Checked: Oct 5 at 6:30PM
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 Audrey Bryant
Investment Insights
Based on property information with market context.
This two-family residential property offers 2,925 square feet of living space and was built in 2004. Interior features include central air, forced-air heating, and a kitchen equipped with a dishwasher, disposal, microwave, range, and refrigerator. An attached garage with a door opener is also included.
The property is zoned Two Family Stw and is located at 1610-1612 W 22nd Avenue in Stillwater, Oklahoma.
The property is zoned Two Family Stw and is located at 1610-1612 W 22nd Avenue in Stillwater, Oklahoma.
Key Highlights
- 2,925 square feet of property size
- Two‑family zoning: Two Family Stw
- Built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,860
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,200
$417.2K
Cap Rate 7%
$298,000
$298.0K
Cap Rate 9%
$231,778
$231.8K
Market Conditions
NOI Build-Up for 2,925 SF
Gross rent
$42.5K $14.52/SF
− Vacancy
−$4.5K −$1.55/SF
EGI
$37.9K $12.97/SF
− OpEx
−$17.1K −$5.83/SF
NOI
$20.9K $7.13/SF
Area
Payne County, OK
Vacancy
10.70%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,200
Cap Rate 7%
$298,000
Cap Rate 9%
$231,778
Alternative Uses
Best Use
Apartment 5plus
$298.0K
$260.8K – $347.7K
NOI $20,860 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$719.3K
$629.4K – $839.2K
NOI $50,350 @ 7.0% cap · market cap 14.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 74074, OK
32,326
Population
14,328
Households
2.3
Avg Household Size
29
Median Age
51%
College-Educated
96%
High-School Grad
127.4 sq mi
ZIP Area
254
Density / Sq Mi
$50,245
Median Household Income
$26,971
Median Earnings
$965
Median Rent
$247,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Central air, forced-air heating, and an attached garage serve this two-family property.
Where is this residential income property located?
The property is located at 1610-1612 W 22nd Avenue Stillwater, OK.
What is the asking price?
The asking price for this property is $338,400.
What are key features of this property?
This property features: 2,925 square feet of property size; Two‑family zoning: Two Family Stw; Built in 2004
