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Occupied Quadplex With Townhome Layout
For Sale
$480,000

221 Antry Dr, Catoosa, OK 74015

The property combines varied bedroom layouts with decks or balconies and detached covered parking.

Property Size4,632 SF
Lot Size0.22 Acres
Price / SF$103.63
Days on Market53

Property Features for 221 Antry Dr

General Information

Standard status Active
Size 4,632 SF
Lot size 0.22 Acres
Property subtype Multi-Family

Units

Unit Mix 2 x 1BR/1BA, 2 x 3BR/2BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Amenities

shared concrete access
mature trees
professional landscaping
sidewalks
gutters

Building Details

Year Built 1986
Construction wood frame
Listing Agency: Coldwell Banker Select
Listed By: David Roberts
Source: Thewolekgroup
Added: Sep 15 Changed: Oct 26 Last Checked: Oct 7 at 2:14PM

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 Coldwell Banker Select

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Investment Insights

Based on property information with market context.

This quadplex comprises four occupied townhomes arranged across multiple parcels in Catoosa. The unit mix includes two one-bedroom, one-bath residences of approximately 720 square feet each and two three-bedroom, two-bath residences of approximately 1,596 square feet each, totaling approximately 4,632 square feet. Each home includes a living area, kitchen, wood deck or balcony, and detached covered carport parking.

Constructed in 1986, the property has slab foundations, wood-frame construction, partial brick and wood exterior finishes, composition roofing, central heat and air, and city water and sewer. Shared improvements include concrete access, sidewalks, gutters, mature trees, and professional landscaping. The property is located at 221, 223, 225, and 227 Antry Dr in the Spunky Ridge Addition and is served by Catoosa School District.

The parcels total approximately 0.22 acre. A one-acre common area is shared among six buildings, with each owner responsible for one-sixth of related costs.

Key Highlights

  • Four occupied townhomes with two one‑bedroom and two three‑bedroom units
  • Approximately 4,632 square feet across the four residences
  • Two 1‑bedroom, 1‑bath units are approximately 720 square feet each

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,878
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,560 $617.6K
Cap Rate 7%
$441,114 $441.1K
Cap Rate 9%
$343,089 $343.1K
Market Conditions
NOI Build-Up for 4,632 SF
Gross rent
$63.4K $13.68/SF
− Vacancy
−$7.2K −$1.56/SF
EGI
$56.1K $12.12/SF
− OpEx
−$25.3K −$5.45/SF
NOI
$30.9K $6.67/SF
Area
Rogers County, OK
Vacancy
11.40%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,560
Cap Rate 7%
$441,114
Cap Rate 9%
$343,089

Alternative Uses

Best Use
Apartment 5plus
$441.1K
$386.0K – $514.6K (±1% cap)
NOI $30,878 @ 7.0% cap · market cap 6.43%
Second Best
Multifamily LT 5
$371.7K
$325.3K – $433.7K (±1% cap)
NOI $26,021 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$1.16M
$1.02M – $1.35M (±1% cap)
NOI $81,208 @ 7.0% cap · market cap 16.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 74015, OK

8,270
Population
3,578
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
60.3 sq mi
ZIP Area
137
Density / Sq Mi
$72,688
Median Household Income
$44,256
Median Earnings
$1,052
Median Rent
$211,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The property combines varied bedroom layouts with decks or balconies and detached covered parking.
Where is this quadplex located?
The property is located at 221 Antry Dr Catoosa, OK.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Four occupied townhomes with two one‑bedroom and two three‑bedroom units; Approximately 4,632 square feet across the four residences; Two 1‑bedroom, 1‑bath units are approximately 720 square feet each
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