Craftsman Duplex with Rear
New
For Sale
$325,000
1826 Nw 11th St, Oklahoma City, OK 73106
The rear unit has a full kitchen, an updated bathroom, and a mini-split system.
Property Size2,301 SF
Price / SF$141.24
Days on Market7
Property Features for 1826 Nw 11th St
General Information
Standard status
Active
Size
2,301 SF
Property subtype
Residential
Units
Unit Mix
1 x 2BR/2BA, 1 x studio
Multifamily Units
2
Amenities
front porch
backyard
garage
Building Details
Year Built
1918
Construction
Craftsman
Listing Agency:
The Agency
(405) 216-3693
Listed By:
Melissa Hooper
(405) 824-9556
Source:
Exprealty
Added: Oct 22
Changed: Oct 27
Last Checked: Oct 26 at 10:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1918 Craftsman property includes a 1,561-SF main home with two bedrooms and two bathrooms, plus a separate 740-SF studio unit. The studio has a full kitchen, an updated bathroom with a walk-in shower, and a mini-split system. Wood flooring and original woodwork remain in the main home, alongside updated bathrooms and custom closets.
A detached 216-SF garage is currently used mainly for storage. The grounds include established landscaping, a backyard magnolia tree, and space for a garden.
A detached 216-SF garage is currently used mainly for storage. The grounds include established landscaping, a backyard magnolia tree, and space for a garden.
Key Highlights
- 1,561‑SF main home with 2 bedrooms and 2 bathrooms
- Separate 740‑SF studio includes a full kitchen and 1 bathroom
- Studio has a mini‑split system and walk‑in shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,005
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$420,100
$420.1K
Cap Rate 7%
$300,071
$300.1K
Cap Rate 9%
$233,389
$233.4K
Market Conditions
NOI Build-Up for 2,301 SF
Gross rent
$31.8K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$30.0K $13.04/SF
− OpEx
−$9.0K −$3.91/SF
NOI
$21.0K $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%
$420,100
Cap Rate 7%
$300,071
Cap Rate 9%
$233,389
Alternative Uses
Best Use
Multifamily LT 5
$300.1K
$262.6K – $350.1K
NOI $21,005 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$277.7K
$243.0K – $323.9K
NOI $19,436 @ 7.0% cap · market cap 5.98%
Theoretical Best
Specialty Retail
$786.9K
$688.6K – $918.1K
NOI $55,086 @ 7.0% cap · market cap 16.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - The rear unit has a full kitchen, an updated bathroom, and a mini-split system.
Where is this duplex located?
The property is located at 1826 Nw 11th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,561‑SF main home with 2 bedrooms and 2 bathrooms; Separate 740‑SF studio includes a full kitchen and 1 bathroom; Studio has a mini‑split system and walk‑in shower
