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    Renovated Duplex with In-Unit Laundry Title is generated by Realmo AI

    2137 NW 12th Street, Oklahoma City, OK 73107

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    Claim this Listing
    For Sale
    $195,000

    MULTI_FAMILY - Colonial - Oklahoma City, OK

    Property size:
    1,560 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $125/SF
    Added:
    Jun 17, 2026
    Days on Market:
    21
    Last Refresh:
    Jul 7 at 6:06 pm

    Property Features for 2137 NW 12th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1
    Standard status
    Active
    APN
    2137NW12th73107
    Size
    1,560 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Zoned
    Cooling system
    Zoned

    Building Details

    Year built
    1937
    Floors in Building
    2
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Colonial

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    Nickalas Reynolds Tran

    Listing agent Nickalas Reynolds Tran License #207757

    Listing office Spearhead Realty Group LLC 5909 NW Expressway Suite G-180, Oklahoma City, OK

    Listing date Jun 17, 2026

    MLS# 1235129 Listing URL

    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

    • Newly renovated duplex built in 1937 with colonial architectural style
    • Downstairs 1BR/1BA unit plus upstairs 2BR/1BA unit
    • Each unit has in‑unit laundry
    • Brand new high‑efficiency mini‑splits for zoned heating and zoned cooling
    • Vinyl siding exterior with shingle roof
    • Rooms include 3 bedrooms and 2 bathrooms across the two units

    Overview

    This newly renovated duplex offers two distinct units with practical separation and modernized improvements. The downstairs unit is a 1-bedroom, 1-bath layout with in-unit laundry, while the upstairs unit is a 2-bedroom, 1-bath layout with its own in-unit laundry. Across the property, updates are noted throughout, including brand new high-efficiency mini split systems, supporting comfort and efficient heating and cooling for each unit. Each unit is configured to operate independently, making the overall building straightforward to manage and live in.

    The property is located at 2137 NW 12th Street in Oklahoma City, Oklahoma (73107). Remarks indicate it sits just near the highway and on a boulevard-style street. The surrounding area includes nearby homes that are being built and renovated, contributing to a steadily changing neighborhood context.

    With two separate units, the building can serve multiple tenant and owner scenarios, including long-term rental, short-term rental, or use as multi-generational housing. The independent bedroom and bath configurations, combined with in-unit laundry and new mini splits, address day-to-day livability needs for renters and household members alike.

    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 $21.5k $13.80
    − Vacancy −$1.2k −$0.76
    EGI $20.3k $13.04
    − OpEx −$6.1k −$3.91
    NOI $14.2k $9.13
    1,560 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $203.4K
    $178.0K – $237.4K (±1% cap)
    NOI $14,241 @ 7.0% cap · market cap 7.30%
    Second Best
    Apartment 5plus
    $188.2K
    $164.7K – $219.6K (±1% cap)
    NOI $13,177 @ 7.0% cap · market cap 6.76%
    Theoretical Best
    Specialty Retail
    $533.5K
    $466.8K – $622.4K (±1% cap)
    NOI $37,346 @ 7.0% cap · market cap 19.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Dental Office Cafe & Coffee Shop Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Florist Butcher

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.549108
    Latitude
    35.482066

    FAQs

    What type of property is this?
    Duplex - Newly renovated two-unit duplex featuring separate in-unit laundry and updated heating/cooling for flexible living or rental use.
    Where is this duplex located?
    The property is located at 2137 NW 12th Street Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Newly renovated duplex built in 1937 with colonial architectural style; Downstairs 1BR/1BA unit plus upstairs 2BR/1BA unit; Each unit has in‑unit laundry
    More about this property
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