211 E Cleveland Avenue, Guthrie, OK 73044
SINGLE_FAMILY - Guthrie, OK
- Added:
- Mar 2, 2026
- Days on Market:
- 125
- Last Refresh:
- Jul 5 at 10:06 pm
Property Features for 211 E Cleveland Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- Commercial
- Standard status
- Active
- APN
- 211ECleveland73044
- Size
- 3,376 SF
- Lot size
- 2.00 Acres
Building Details
- Year built
- 1935
Listing agent Whitney Heskett (405) 990-3492
Listing office Collection 7 Realty 2513 S Kelly Ave Ste 110, Edmond, OK (405) 562-8777
Listing date Mar 2, 2026
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.
HighLights
- Prime downtown Guthrie location with high visibility.
- Brand new construction commercial duplex.
- Immediate income from one leased unit.
- Vacant unit ready for owner‑user or new tenant.
- Multiple private offices and flexible workspace in each suite.
- Convenient alley access with rear garage entrance.
Overview
The property sits on a 2-acre lot and features convenient alley access. A rear garage entrance supports secure parking, storage, or deliveries without routing through the primary front entrance. The duplex is zoned for commercial use.
For tenants and buyers seeking office space that can operate independently by suite, this configuration provides separate accommodations within one building. The combination of a leased unit and a turnkey vacant suite can support an owner’s flexibility for either occupying one side or leasing both. The rear access and garage entrance also provide practical utility for day-to-day operations, including secure access for employees, deliveries, and onsite storage.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.2k | $14.28 |
| − Vacancy | −$3.1k | −$0.93 |
| EGI | $45.1k | $13.35 |
| − OpEx | −$13.5k | −$4.01 |
| NOI | $31.6k | $9.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Guthrie
- County
- Logan
- State
- Oklahoma
- Longitude
- -97.423488
- Latitude
- 35.878898
