Updated Half-Duplex
For Sale
$125,000
203 Windsor Way, Midwest City, OK 73110
A second living area adds flexibility, while the fenced backyard provides private outdoor space.
Property Size1,332 SF
Days on Market13
Property Features for 203 Windsor Way
General Information
Standard status
Active
Size
1,332 SF
Property subtype
Half Duplex
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,261
Building Details
Building Size
1,332 SF
Year Built
1983
Listing Agency:
LRE Realty, LLC
Listed By:
Tara Levinson · License #145328
(405) 414-8750
Source:
Stetsonbentley
Added: Sep 25
Changed: Oct 1
Last Checked: Oct 5 at 11:58PM
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 LRE Realty, LLC
Investment Insights
Based on property information with market context.
This updated half-duplex residence includes a primary bedroom with direct outdoor access, two full bathrooms, and a second living area. A fenced backyard adds outdoor space, and the home was built in 1983.
The property is near I-40, with access to Tinker Air Force Base and Midwest City shopping and dining.
The property is near I-40, with access to Tinker Air Force Base and Midwest City shopping and dining.
Key Highlights
- Half‑duplex residence with two full bathrooms
- Second living area offers additional interior space
- Fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,475
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$169,500
$169.5K
Cap Rate 7%
$121,071
$121.1K
Cap Rate 9%
$94,167
$94.2K
Market Conditions
NOI Build-Up for 1,332 SF
Gross rent
$17.1K $12.84/SF
− Vacancy
−$1.7K −$1.27/SF
EGI
$15.4K $11.57/SF
− OpEx
−$6.9K −$5.21/SF
NOI
$8.5K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$169,500
Cap Rate 7%
$121,071
Cap Rate 9%
$94,167
Alternative Uses
Best Use
Apartment 5plus
$121.1K
$105.9K – $141.3K
NOI $8,475 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$277.4K
$242.8K – $323.7K
NOI $19,420 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 73110, OK
33,156
Population
15,826
Households
2.1
Avg Household Size
35
Median Age
20%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,436
Median Household Income
$35,043
Median Earnings
$1,007
Median Rent
$119,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - A second living area adds flexibility, while the fenced backyard provides private outdoor space.
Where is this residential income property located?
The property is located at 203 Windsor Way Midwest City, OK.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Half‑duplex residence with two full bathrooms; Second living area offers additional interior space; Fenced backyard
