Contemporary Duplex with
For Sale
$259,600
2109 Camino Del Plaza Lane, Edmond, OK 73013
Residential, Edmond, OK
Property Size1,264 SF
Lot Size0.06 Acres
Price / SF$205.38
Days on Market67
Property Features for 2109 Camino Del Plaza Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Combo Woodwork
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Heater
Lot features
Greenbelt
Elementary school
Sunset ES
Middle school
Summit MS
High school
Santa Fe HS
Elementary school district
Edmond
Middle school district
Edmond
High school district
Edmond
Directions
From 2nd & Santa Fe go south 2 blocks and turn left on Camino Del Plaza Lane. Then turn left and continue on Camino Del Plaza Lane. House is on the left.
Standard status
Active
APN
2109NONECaminoDelPlaza73013
Size
1,264 SF
Lot size
0.06 Acres
Taxes and HOA fees
HOA Fee
$2,500 Annually
Utilities
Utilities
Cable Available
Heating system
Natural Gas
Cooling system
Electric
Amenities
granite counters
stainless appliances
gas cooktop
breakfast bar
walk-in pantry
laundry room
fenced backyard
Building Details
Year built
2017
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Keller Williams Central OK · Keller Williams Realty
(405) 330-2626
Listed By:
Robert Pratt
(405) 520-1626
Added: Jun 29
Changed: Sep 3
Last Checked: Sep 3 at 9:06AM
MLS# 1236976
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 2017 brick-and-frame duplex offers 1,264 square feet with a contemporary interior arrangement. The main level includes a primary suite, a full bathroom, a guest half bath, a family room, kitchen, and laundry room. Upstairs are two additional bedrooms and another full bathroom. Kitchen improvements include granite countertops, stainless appliances, a gas cooktop, breakfast bar, and walk-in pantry. The property also includes a two-car garage, patio, composition roof, natural-gas heating, and electric cooling.
The 0.061-acre property is located in Edmond, Oklahoma, near Santa Fe High School and shopping. A fenced backyard is maintained through the HOA, providing an additional outdoor feature for the residence.
The 0.061-acre property is located in Edmond, Oklahoma, near Santa Fe High School and shopping. A fenced backyard is maintained through the HOA, providing an additional outdoor feature for the residence.
Key Highlights
- 2017 construction with brick‑and‑frame exterior
- 1,264 square feet on a 0.061‑acre lot
- Three bedrooms and 2.5 bathrooms
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
$8,043
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
3.10%
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%
$160,860
$160.9K
Cap Rate 7%
$114,900
$114.9K
Cap Rate 9%
$89,367
$89.4K
Market Conditions
NOI Build-Up for 1,264 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
$16.2K $12.84/SF
− Vacancy
−$1.6K −$1.27/SF
EGI
$14.6K $11.57/SF
− OpEx
−$6.6K −$5.21/SF
NOI
$8.0K $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 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%
$160,860
Cap Rate 7%
$114,900
Cap Rate 9%
$89,367
Alternative Uses
Best Use
Apartment 5plus
$114.9K
$100.5K – $134.1K
NOI $8,043 @ 7.0% cap · market cap 3.10%
Second Best
Multifamily LT 5
$109.7K
$96.0K – $128.0K
NOI $7,680 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$263.3K
$230.4K – $307.2K
NOI $18,429 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
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 - Brick-and-frame duplex with a main-level suite, flexible upstairs bedrooms, and an HOA-maintained fenced yard.
Where is this duplex located?
The property is located at 2109 Camino Del Plaza Lane Edmond, OK.
What is the asking price?
The asking price for this property is $259,600.
What are key features of this property?
This property features: 2017 construction with brick‑and‑frame exterior; 1,264 square feet on a 0.061‑acre lot; Three bedrooms and 2.5 bathrooms
