Open-Concept
For Sale
$330,000
1846 Post Oak Road #1848 El, El Reno, OK 73036
Two matching residences feature contemporary finishes, private primary suites, and practical layouts for comfortable occupancy.
Property Size2,500 SF
Price / SF$132
Days on Market126
Property Features for 1846 Post Oak Road #1848 El
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$150
Amenities
Electric
Composition
Building Details
Year Built
2019
Buildings
1
Stories
1
Listing Agency:
Baca Realty Group LLC
Listed By:
Kelley Baca · License #174371
(405) 545-0582
Source:
Kw
Added: May 1
Changed: Sep 2
Last Checked: Sep 3 at 4:53AM
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 Baca Realty Group LLC
Investment Insights
Based on property information with market context.
Built in 2019, this duplex contains two 1,250-square-foot residences within a 2,500-square-foot building. Each side includes an open living area, three bedrooms, and two full bathrooms. Stained concrete flooring, granite kitchen countertops, streamlined cabinetry, and oil-rubbed bronze fixtures provide a cohesive finish package throughout both units.
Each residence also offers a primary suite with a walk-in closet and private bathroom. Electric service and central electric systems support the interiors, while the exterior has composition construction. The property is presented as a duplex configuration with matching floor plans and comparable finishes on each side.
Each residence also offers a primary suite with a walk-in closet and private bathroom. Electric service and central electric systems support the interiors, while the exterior has composition construction. The property is presented as a duplex configuration with matching floor plans and comparable finishes on each side.
Key Highlights
- 2,500 sq. ft. duplex with 1,250 sq. ft. per side
- Each unit has 3 bedrooms and 2 full bathrooms
- 2019 construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,243
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,860
$324.9K
Cap Rate 7%
$232,043
$232.0K
Cap Rate 9%
$180,478
$180.5K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$25.5K $10.20/SF
− Vacancy
−$2.3K −$0.92/SF
EGI
$23.2K $9.28/SF
− OpEx
−$7.0K −$2.78/SF
NOI
$16.2K $6.50/SF
Area
Canadian County, OK
Vacancy
9.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,860
Cap Rate 7%
$232,043
Cap Rate 9%
$180,478
Alternative Uses
Best Use
Multifamily LT 5
$232.0K
$203.0K – $270.7K
NOI $16,243 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$195.2K
$170.8K – $227.7K
NOI $13,662 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$544.4K
$476.3K – $635.1K
NOI $38,105 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 73036, OK
19,602
Population
7,790
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
87%
High-School Grad
183.8 sq mi
ZIP Area
107
Density / Sq Mi
$59,617
Median Household Income
$35,660
Median Earnings
$912
Median Rent
$162,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences feature contemporary finishes, private primary suites, and practical layouts for comfortable occupancy.
Where is this duplex located?
The property is located at 1846 Post Oak Road #1848 El El Reno, OK.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 2,500 sq. ft. duplex with 1,250 sq. ft. per side; Each unit has 3 bedrooms and 2 full bathrooms; 2019 construction
