Well-Maintained 3BR
18208 Manera Way Edmond, OK 73012
18208 Manera Way, Edmond, OK, 73012
$224,900
For Sale
$224,900
SINGLE_FAMILY - Other - Edmond, OK
Property Size1,485 SF
Lot Size0.11 Acres
Price / SF$151.45
Days on Market90
Property Features for 18208 Manera Way
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
- Patio and Porch features
- Porch, Patio
- Exterior features
- Patio-Covered, Covered Porch
- Appliances
- Dishwasher, Disposal, Microwave
- Standard status
- Active
- APN
- 18208NONEManera73012
- Size
- 1,485 SF
- Lot size
- 0.11 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
(405) 977-0207
5199 N Western Ave, Oklahoma City, OK
Listed by
Brandon Hart
(405) 990-4569
Added: Apr 21 Checked: Jul 19 at 5:06 pm
MLS# 1225351
Listing URL
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Investment Insights
Based on property information with market context.
This well-maintained duplex offers a bright, open interior with tall ceilings and large windows. The layout includes a split-bedroom design with the primary suite separated for added privacy. The home features spacious closets and ample cabinet storage, supporting comfortable everyday living. Built just 4 years ago, it presents as move-in ready.
The HOA covers yard maintenance and provides access to neighborhood parks and a splash pad, supporting a lower-maintenance lifestyle.
Configured as a 3-bedroom, 2-bath duplex, the property is suited for an owner-occupant or income-focused buyer seeking a newer residential income asset in a planned community setting.
The HOA covers yard maintenance and provides access to neighborhood parks and a splash pad, supporting a lower-maintenance lifestyle.
Configured as a 3-bedroom, 2-bath duplex, the property is suited for an owner-occupant or income-focused buyer seeking a newer residential income asset in a planned community setting.
Key Highlights
- Built in 2016: well‑maintained 3‑bed, 2‑bath duplex in the Deer Creek area
- Open layout with tall ceilings and large windows for bright interior lighting
- Split bedroom design with the primary suite for added privacy
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
NOI $9,449 @ 7.0% cap · market cap 4.20%
Second Best
Multifamily LT 5
$128.9K
$112.8K – $150.4K
NOI $9,023 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$309.3K
$270.6K – $360.9K
NOI $21,651 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A recently built, 3-bedroom duplex with open layout and split-bedroom design, plus HOA-covered yard maintenance.
Where is this duplex located?
The property is located at 18208 Manera Way Edmond, OK.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Built in 2016: well‑maintained 3‑bed, 2‑bath duplex in the Deer Creek area; Open layout with tall ceilings and large windows for bright interior lighting; Split bedroom design with the primary suite for added privacy