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Brick Duplex
For Sale
$305,000

1721 NW 17th Street, Oklahoma City, OK 73106

Residential Income, Oklahoma City, OK

Property Size2,207 SF
Lot Size0.13 Acres
Price / SF$138.20
Days on Market36

Property Features for 1721 NW 17th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1
Lot features Corner Lot
Elementary school Western Gateway ES
Middle school Classen MS Of Advanced Studies
High school Classen HS Of Advanced Studies
Elementary school district Oklahoma City
Middle school district Oklahoma City
High school district Oklahoma City
Directions Exit I-235 North on NW 23rd St. and turn west, then turn south onto N Classen Blvd. Turn west onto NW 17th St. The home will be on your north (right) side, just past N Indiana Ave.
Standard status Active
APN 1721NW17th73106
Size 2,207 SF
Lot size 0.13 Acres

Utilities

Heating system Natural Gas
Cooling system Electric

Building Details

Year built 1926
Floors in Building 2
Building materials Brick
Roof type Composition
Architectural style Other
Listing Agency: eXp Realty, LLC BO
Listed By: Jayna Davis
Added: Aug 31 Changed: Sep 29 Last Checked: Oct 5 at 11:06PM
MLS# 1247208

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 1926, this 2,207-square-foot duplex contains two separate residential units within a brick building on a 0.1253-acre lot. The property includes a composition roof, natural gas heating, and electric cooling, providing a defined physical configuration for continued residential use.

The home is located at 1721 NW 17th Street in Oklahoma City, within walking distance of the Plaza District’s restaurants, shops, and entertainment. Midtown, Uptown, downtown Oklahoma City, and major thoroughfares are also minutes away. The two-unit layout can accommodate an investor seeking residential income or an owner-occupant who wants to reside in one unit while renting the other.

Key Highlights

  • Two separate residential units in a full duplex configuration
  • 2,207 square feet on a 0.1253‑acre lot
  • Brick construction with a composition roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,147
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,940 $402.9K
Cap Rate 7%
$287,814 $287.8K
Cap Rate 9%
$223,856 $223.9K
Market Conditions
NOI Build-Up for 2,207 SF
Gross rent
$30.5K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$28.8K $13.04/SF
− OpEx
−$8.6K −$3.91/SF
NOI
$20.1K $9.13/SF
Area
Oklahoma City, OK
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,940
Cap Rate 7%
$287,814
Cap Rate 9%
$223,856

Alternative Uses

Best Use
Multifamily LT 5
$287.8K
$251.8K – $335.8K (±1% cap)
NOI $20,147 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$266.3K
$233.0K – $310.7K (±1% cap)
NOI $18,642 @ 7.0% cap · market cap 6.11%
Theoretical Best
Specialty Retail
$754.8K
$660.5K – $880.6K (±1% cap)
NOI $52,836 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Parking Lot & Garage Pet Grooming Service Carpet & Flooring Store Nursing Home

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

1,134
Businesses Nearby

Demographics for 73106, OK

12,956
Population
6,069
Households
2.1
Avg Household Size
32
Median Age
40%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
4,319
Density / Sq Mi
$51,934
Median Household Income
$32,145
Median Earnings
$1,050
Median Rent
$262,500
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 - Two-unit configuration supports both rental operations and owner-occupant use in a walkable urban setting.
Where is this duplex located?
The property is located at 1721 NW 17th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Two separate residential units in a full duplex configuration; 2,207 square feet on a 0.1253‑acre lot; Brick construction with a composition roof
More about this property
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