Two-Unit Duplex with
For Sale
$415,000
212 Ashley Drive, Edmond, OK 73003
Residential, Edmond, OK
Property Size2,410 SF
Lot Size0.18 Acres
Price / SF$172.20
Days on Market58
Property Features for 212 Ashley Drive
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 6, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 2
Patio and Porch features
Patio, Porch
Exterior features
Rain Gutters
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
Central, Natural Gas
Cooling system
Electric
Amenities
fenced backyard with patio
Building Details
Year built
2015
Flooring type
Carpet, Concrete
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Buildings
1
Listing Agency:
RE/MAX First · RE/MAX International
(405) 843-8448
Listed By:
Joe Forrest · License #143557
(405) 850-8489
Added: Sep 10
Changed: Oct 26
Last Checked: Nov 6 at 10:06AM
MLS# 1247341
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.
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Investment Insights
Based on property information with market context.
This 2015 duplex contains two mirrored residences totaling 2,410 square feet on a 0.1826-acre lot. Each side has 3 bedrooms, 2 bathrooms, an open living and dining arrangement, and a 2-car garage. Both kitchens feature granite countertops and ample cabinetry; each primary suite includes a walk-in closet. Patio space and a fenced backyard serve each residence. Brick and frame construction, central natural gas heat, and electric cooling are among the property’s features.
One unit is vacant, while the other is occupied. The property is located two blocks from Edmond North High School and near shopping, dining, gyms, and healthcare services.
One unit is vacant, while the other is occupied. The property is located two blocks from Edmond North High School and near shopping, dining, gyms, and healthcare services.
Key Highlights
- Two residences with 2,410 square feet combined
- Each unit offers 3 bedrooms, 2 bathrooms, and a 2‑car garage
- One side is vacant; the other is occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,334
Cap Rate
3.69%
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 3.69%
Second Best
Multifamily LT 5
$209.2K
$183.0K – $244.1K
NOI $14,643 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$502.0K
$439.2K – $585.6K
NOI $35,137 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, allowing for owner occupancy or rental use.
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 $415,000.
What are key features of this property?
This property features: Two residences with 2,410 square feet combined; Each unit offers 3 bedrooms, 2 bathrooms, and a 2‑car garage; One side is vacant; the other is occupied
