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Duplex with Open Kitchen
For Sale
$378,000

1663 Comice Drive, Newcastle, OK 73065

Residential Income, Newcastle, OK

Property Size2,584 SF
Lot Size0.34 Acres
Price / SF$146.28
Days on Market106

Property Features for 1663 Comice Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5
Parking 2
Lot features Interior Lot
Elementary school Newcastle ES
Middle school Newcastle MS
High school Newcastle HS
Elementary school district Newcastle
Middle school district Newcastle
High school district Newcastle
Directions From I44 and HWY 62, go south on HWY 62, turn east on NE 19th, turn south on Comice, last duplex on the right.
Standard status Active
APN 1663NONEComice73065
Size 2,584 SF
Lot size 0.34 Acres

Utilities

Heating system Electric (Heating)
Cooling system Central Air, Electric

Building Details

Year built 2021
Floors in Building 2
Building materials Brick & Frame
Roof type Composition
Architectural style Other
Listing Agency: PR Agency, LLC
Listed By: Andrew Armstrong
Added: Jun 24 Changed: Sep 29 Last Checked: Oct 7 at 7:06PM
MLS# 1236314

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.

Built in 2021, this duplex offers 2,584 square feet on a 0.34-acre lot. The property includes six bedrooms and four bathrooms, with an open kitchen arrangement featuring a center island, substantial cabinetry, and generous counter space. Brick and frame construction, composition roofing, electric heating, and central air conditioning complete the primary improvements.

Tenant occupancy is already in place. The residence provides a modern interior palette, spacious bedroom areas, and an efficient configuration suited to duplex ownership. The property is located in Newcastle, Oklahoma, within McClain County.

Key Highlights

  • 2,584‑square‑foot duplex on a 0.34‑acre lot
  • Built in 2021 with brick and frame construction
  • Six bedrooms and four bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,151
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,020 $483.0K
Cap Rate 7%
$345,014 $345.0K
Cap Rate 9%
$268,344 $268.3K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$36.9K $14.28/SF
− Vacancy
−$2.4K −$0.93/SF
EGI
$34.5K $13.35/SF
− OpEx
−$10.4K −$4.01/SF
NOI
$24.2K $9.35/SF
Area
McClain County, OK
Vacancy
6.50%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,020
Cap Rate 7%
$345,014
Cap Rate 9%
$268,344

Alternative Uses

Best Use
Multifamily LT 5
$345.0K
$301.9K – $402.5K (±1% cap)
NOI $24,151 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.5K (±1% cap)
NOI $22,348 @ 7.0% cap · market cap 5.91%
Theoretical Best
Specialty Retail
$624.6K
$546.5K – $728.7K (±1% cap)
NOI $43,721 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Parts Store Electrical Service Pharmacy Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

Demographics for 73065, OK

9,725
Population
4,413
Households
2.2
Avg Household Size
38
Median Age
32%
College-Educated
91%
High-School Grad
51.8 sq mi
ZIP Area
188
Density / Sq Mi
$93,451
Median Household Income
$51,717
Median Earnings
$990
Median Rent
$240,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with spacious bedrooms, multiple bathrooms, and a contemporary kitchen layout.
Where is this duplex located?
The property is located at 1663 Comice Drive Newcastle, OK.
What is the asking price?
The asking price for this property is $378,000.
What are key features of this property?
This property features: 2,584‑square‑foot duplex on a 0.34‑acre lot; Built in 2021 with brick and frame construction; Six bedrooms and four bathrooms
More about this property
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