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Occupied Quadplex with Townhome Units
For Sale
$480,000

191 Antry Drive, Catoosa, OK 74015

Four occupied townhome units offer varied layouts, private outdoor areas, and detached covered carport parking.

Property Size4,632 SF
Price / SF$103.63
Days on Market58

Property Features for 191 Antry Drive

General Information

Standard status Active
Size 4,632 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,813

Building Details

Building Size 4,632 SF
Year Built 1986
Listing Agency: Coldwell Banker Select
Listed By: David Roberts · License #143180
Source: Thebradshaw
Added: Sep 10 Changed: Nov 5 Last Checked: Nov 5 at 10:30AM

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 Coldwell Banker Select

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Investment Insights

Based on property information with market context.

This 1986 quadplex comprises four occupied townhome units across multiple parcels totaling approximately 0.25 acre. The configuration includes two one-bedroom, one-bath residences of approximately 720 square feet each and two three-bedroom, two-bath residences of approximately 1,596 square feet each, totaling approximately 4,632 square feet. Each unit has a living area, kitchen, wood deck or balcony, and detached covered carport parking.

The property features slab foundations, wood-frame construction, partial brick and wood exteriors, composition roofing, central heat and air, and city water and sewer. Shared concrete access, sidewalks, gutters, mature trees, and professional landscaping are also included. The property is located in the Spunky Ridge Addition and falls within Catoosa School District. A one-acre common area is allocated equally among six buildings, with this building assigned an approximately 0.1667-acre share and responsibility for one-sixth (1/6) of associated common-area costs.

Key Highlights

  • Four occupied townhome units with approximately 4,632 total square feet
  • Unit mix includes two 1‑bedroom, 1‑bath units and two 3‑bedroom, 2‑bath units
  • Approximately 0.25 acre across multiple parcels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,878
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,560 $617.6K
Cap Rate 7%
$441,114 $441.1K
Cap Rate 9%
$343,089 $343.1K
Market Conditions
NOI Build-Up for 4,632 SF
Gross rent
$63.4K $13.68/SF
− Vacancy
−$7.2K −$1.56/SF
EGI
$56.1K $12.12/SF
− OpEx
−$25.3K −$5.45/SF
NOI
$30.9K $6.67/SF
Area
Rogers County, OK
Vacancy
11.40%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,560
Cap Rate 7%
$441,114
Cap Rate 9%
$343,089

Alternative Uses

Best Use
Apartment 5plus
$441.1K
$386.0K – $514.6K (±1% cap)
NOI $30,878 @ 7.0% cap · market cap 6.43%
Second Best
Multifamily LT 5
$371.7K
$325.3K – $433.7K (±1% cap)
NOI $26,021 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$1.16M
$1.02M – $1.35M (±1% cap)
NOI $81,208 @ 7.0% cap · market cap 16.92%
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
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Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 74015, OK

8,270
Population
3,578
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
60.3 sq mi
ZIP Area
137
Density / Sq Mi
$72,688
Median Household Income
$44,256
Median Earnings
$1,052
Median Rent
$211,300
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four occupied townhome units offer varied layouts, private outdoor areas, and detached covered carport parking.
Where is this quadplex located?
The property is located at 191 Antry Drive Catoosa, OK.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Four occupied townhome units with approximately 4,632 total square feet; Unit mix includes two 1‑bedroom, 1‑bath units and two 3‑bedroom, 2‑bath units; Approximately 0.25 acre across multiple parcels
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