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Well-Maintained 3BR Duplex

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
5199 N Western Ave, Oklahoma City, OK
Listed by Brandon Hart
Added: Apr 21 Checked: Jul 19 at 5:06 pm
MLS# 1225351 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.

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.

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 (±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 9.63%
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 - 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
Contact an agent
More about this property
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