Duplex with Fenced
For Sale
$425,000
212 Ashley Drive, Edmond, OK 73003
Residential Income, Edmond, OK
Property Size2,410 SF
Lot Size0.18 Acres
Price / SF$176.35
Days on Market285
Property Features for 212 Ashley Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 5
Parking
4
Appliances
Dishwasher, Disposal, Refrigerator
Lot features
Interior Lot
Elementary school
Ida Freeman ES
Middle school
Cheyenne MS
High school
North HS
Elementary school district
Edmond
Middle school district
Edmond
High school district
Edmond
Directions
From Danforth & Fretz, go south to Ashley Drive. Turn east on Ashley Drive and follow the property. GPS is accurate.
Standard status
Active
APN
212NONEAshley212
Size
2,410 SF
Lot size
0.18 Acres
Utilities
Heating system
Natural Gas
Cooling system
Electric
Building Details
Year built
2015
Floors in Building
1
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
RE/MAX First · RE/MAX International
(405) 843-8448
Listed By:
Joe Forrest · License #143557
(405) 850-8489
Added: Jan 1
Changed: Sep 23
Last Checked: Oct 13 at 5:06PM
MLS# 1207566
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.
Built in 2015, this duplex contains two residential units with a combined 2,410 square feet. Each side provides 1,205 square feet, three bedrooms, two bathrooms, a two-car garage, an open living arrangement, and a primary suite with a walk-in closet. Granite countertops, substantial cabinetry, dishwashers, disposals, and refrigerators serve the kitchens, which connect to dining areas. Both residences also include fenced backyards with patio space.
The property is located at 212 Ashley Drive in Edmond, Oklahoma, two blocks from Edmond North High School. The setting provides access to schools, shopping, dining, gyms, and healthcare. Brick and frame construction, composition roofing, natural gas heating, and electric cooling complete the property improvements.
The property is located at 212 Ashley Drive in Edmond, Oklahoma, two blocks from Edmond North High School. The setting provides access to schools, shopping, dining, gyms, and healthcare. Brick and frame construction, composition roofing, natural gas heating, and electric cooling complete the property improvements.
Key Highlights
- 2,410 square feet across two units, with 1,205 square feet per side
- Six bedrooms, four bathrooms, and four cars across the duplex
- Each unit includes a two‑car garage, fenced backyard, and patio space
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.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
481
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer open layouts, private garages, patios, and granite-finished kitchens.
Where is this duplex located?
The property is located at 212 Ashley Drive 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: 2,410 square feet across two units, with 1,205 square feet per side; Six bedrooms, four bathrooms, and four cars across the duplex; Each unit includes a two‑car garage, fenced backyard, and patio space
