2-Unit Duplex with
For Sale
$425,000
212 Ashley Dr #212 & 214, Edmond, OK 73003
Updated duplex with two separate residences, fenced outdoor areas, and one currently vacant side for flexible occupancy.
Property Size2,410 SF
Price / SF$176.35
Days on Market24
Property Features for 212 Ashley Dr #212 & 214
General Information
Standard status
Active
Size
2,410 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2015
Buildings
1
Listing Agency:
Providence Realty
(405) 205-5751
Listed By:
Homestead & Co
(405) 509-0541
Source:
Homesteadrealtyco
Added: Sep 12
Changed: Oct 4
Last Checked: Oct 4 at 9:23AM
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 Providence Realty
Investment Insights
Based on property information with market context.
Built in 2015, this full duplex contains two mirrored residences, each offering an open living arrangement with three bedrooms, two bathrooms, a two-car garage, and 1,205 square feet. Both units feature kitchens with granite countertops, substantial cabinet storage, and direct connection to the dining area. Primary suites include walk-in closets, while private fenced backyards provide patio space for each residence.
The property is located at 212 Ashley Dr #212 & 214 in Edmond, near Edmond North High School and within reach of shopping, dining, gyms, healthcare, and schools. One side is vacant, allowing an owner-occupant to occupy one residence while retaining the other for rental use. Combined, the duplex provides 2,410 square feet, six bedrooms, four bathrooms, and four garage spaces.
The property is located at 212 Ashley Dr #212 & 214 in Edmond, near Edmond North High School and within reach of shopping, dining, gyms, healthcare, and schools. One side is vacant, allowing an owner-occupant to occupy one residence while retaining the other for rental use. Combined, the duplex provides 2,410 square feet, six bedrooms, four bathrooms, and four garage spaces.
Key Highlights
- Two‑unit duplex built in 2015
- Each residence offers 3 bedrooms, 2 bathrooms, and 1,205 square feet
- Combined property totals 2,410 square feet, 6 bedrooms, and 4 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,334
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,680
$306.7K
Cap Rate 7%
$219,057
$219.1K
Cap Rate 9%
$170,378
$170.4K
Market Conditions
NOI Build-Up for 2,410 SF
Gross rent
$30.9K $12.84/SF
− Vacancy
−$3.1K −$1.27/SF
EGI
$27.9K $11.57/SF
− OpEx
−$12.5K −$5.21/SF
NOI
$15.3K $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%
$306,680
Cap Rate 7%
$219,057
Cap Rate 9%
$170,378
Alternative Uses
Best Use
Apartment 5plus
$219.1K
$191.7K – $255.6K
NOI $15,334 @ 7.0% cap · market cap 3.61%
Second Best
Multifamily LT 5
$209.2K
$183.0K – $244.1K
NOI $14,643 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$502.0K
$439.2K – $585.6K
NOI $35,137 @ 7.0% cap · market cap 8.27%
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
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 73003, OK
22,648
Population
9,760
Households
2.3
Avg Household Size
36
Median Age
42%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,061
Density / Sq Mi
$76,957
Median Household Income
$45,176
Median Earnings
$1,338
Median Rent
$230,000
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 - Updated duplex with two separate residences, fenced outdoor areas, and one currently vacant side for flexible occupancy.
Where is this duplex located?
The property is located at 212 Ashley Dr #212 & 214 Edmond, OK.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2015; Each residence offers 3 bedrooms, 2 bathrooms, and 1,205 square feet; Combined property totals 2,410 square feet, 6 bedrooms, and 4 bathrooms
