1701 NW 39TH Street Oklahoma City, OK 73118
MULTI_FAMILY - Other - Oklahoma City, OK
- Added:
- Mar 6, 2026
- Days on Market:
- 129
- Last Refresh:
- Jul 13 at 7:06 am
Property Features for 1701 NW 39TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 3
- Parking
- 2
- Standard status
- Active
- APN
- 1701NW39TH73118
- Size
- 2,017 SF
- Lot size
- 0.12 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air, Gas (Cooling)
Building Details
- Year built
- 1933
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent Jennifer A Whitten (405) 414-2864
Listing office LRE Realty LLC 3020 E Britton Rd, Oklahoma City, OK (405) 285-5750
Listing date Mar 6, 2026
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.
The property is located at 1701 NW 39TH Street in the Putnam Heights area of Oklahoma City, Oklahoma (73118). Covered parking is available on site.
Overall, the building presents a straightforward income setup with a larger 3-bedroom arrangement combined with two separate studio units.
Key Highlights
- Tri‑plex in Putnam Heights area with a main 3‑bedroom home plus two attached studio apartments
- Year built 1933 with brick exterior and a composition roof
- Main portion includes central heat and central air plus wood floors, dining area, and a galley style kitchen
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 | $27.8k | $13.80 |
| − Vacancy | −$1.5k | −$0.76 |
| EGI | $26.3k | $13.04 |
| − OpEx | −$7.9k | −$3.91 |
| NOI | $18.4k | $9.13 |
