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Move-In Ready 3BR Duplex

18123 Manera Way Edmond, OK 73012

New
18123 Manera Way, Edmond, OK, 73012
$225,000
For Sale
$225,000

SINGLE_FAMILY - Other - Edmond, OK

Property Size1,485 SF
Lot Size0.09 Acres
Price / SF$151.52
Days on Market1

Property Features for 18123 Manera Way

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
4
Rooms
Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 2
Patio and Porch features
Patio, Porch
Exterior features
Patio-Covered, Covered Porch
Standard status
Active
APN
18123NONEManera73012
Size
1,485 SF
Lot size
0.09 Acres

Utilities

Heating system
Natural Gas
Cooling system
Central Air, Electric

Building Details

Year built
2016
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Listing Agency Flotilla Real Estate Partners
5199 N Western Ave, Oklahoma City, OK
Listed by Brandon Hart
Added: Jul 17 Checked: Jul 17 at 6:06 pm
MLS# 1239745 Listing URL

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.

Move-in ready duplex built in 2021 offering 3 bedrooms and 2 bathrooms. The interior features an open-concept layout with tall ceilings and abundant natural light, along with a split-bedroom design that provides added privacy for the primary suite. The home also includes spacious closets and generous cabinet storage designed for everyday comfort and functionality.

Located in the Deer Creek area in Edmond, Oklahoma, the property is convenient to Deer Creek schools, shopping, dining, and major highways. The HOA includes yard maintenance, helping keep day-to-day upkeep low. Neighborhood parks and a splash pad are described as being just steps away.

With a compact lot size and a total size of 1,485 square feet, this duplex is set up as a turnkey option for buyers seeking a ready-to-occupy, low-maintenance residential income or owner-occupant property.

Key Highlights

  • 3‑bedroom duplex in the Deer Creek area with an open‑concept layout, tall ceilings, and abundant natural light
  • Split‑bedroom design with added privacy for the primary suite, plus spacious closets and generous cabinet storage
  • Low‑maintenance living with HOA covering yard maintenance

Local Financial Insights For Apartment 5plus

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 $19.1k $12.84
− Vacancy −$1.9k −$1.27
EGI $17.2k $11.57
− OpEx −$7.7k −$5.21
NOI $9.4k $6.36
1,485 SF · lease $12.84/SF/yr · vacancy 9.90% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$135.0K
$118.1K – $157.5K (±1% cap)
NOI $9,449 @ 7.0% cap · market cap 4.20%
Second Best
Multifamily LT 5
$128.9K
$112.8K – $150.4K (±1% cap)
NOI $9,023 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$309.3K
$270.6K – $360.9K (±1% cap)
NOI $21,651 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Hair Salon Building Supply Auto Parts Store Big Box & Wholesale Store Real Estate Agency Skin Care Clinic Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Built in 2021, this 3-bedroom, 2-bath duplex offers an open layout and HOA-covered yard maintenance.
Where is this duplex located?
The property is located at 18123 Manera Way Edmond, OK.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 3‑bedroom duplex in the Deer Creek area with an open‑concept layout, tall ceilings, and abundant natural light; Split‑bedroom design with added privacy for the primary suite, plus spacious closets and generous cabinet storage; Low‑maintenance living with HOA covering yard maintenance
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