Triplex with New
For Sale
$310,000
2243 W Eubanks Street, Oklahoma City, OK 73112
Triplex setup with a front main house and two rear apartments, plus in-unit laundry in both apartments.
Days on Market8
Property Features for 2243 W Eubanks Street
General Information
Standard status
Active
Property subtype
Residential Income
Additional Details
Multifamily Units
3
Building Details
Building Size
2,171 SF
Year Built
1931
Listing Agency:
MK Partners Inc
(405) 532-3497
Listed By:
Cynthia Davison
(405) 532-3497
Source:
Capitalrealestateok
Added: Jul 24
Changed: Jul 31
Last Checked: Jul 31 at 7:40AM
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 MK Partners Inc
Investment Insights
Based on property information with market context.
This triplex provides three separate living spaces, with a front main house and two apartments in the rear. The 1,482-square-foot main house includes three bedrooms and two full bathrooms, hardwood floors, and a renovated kitchen with stainless steel appliances, along with a new roof.
Apartment A has a kitchen, living room, a stackable washer and dryer, a full bathroom, and a loft-style bedroom with large closets. Apartment B features a kitchen, a stackable washer and dryer, one bedroom, a large living room, and a full bathroom.
Built in 1931, the property offers flexible living and rental configuration at 2243 W Eubanks Street in Oklahoma City.
Apartment A has a kitchen, living room, a stackable washer and dryer, a full bathroom, and a loft-style bedroom with large closets. Apartment B features a kitchen, a stackable washer and dryer, one bedroom, a large living room, and a full bathroom.
Built in 1931, the property offers flexible living and rental configuration at 2243 W Eubanks Street in Oklahoma City.
Key Highlights
- Triplex layout with front main house plus two rear apartments
- 1,482‑square‑foot main house with three bedrooms and two full bathrooms
- New roof on the main house
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 | $30.0k | $13.80 |
| − Vacancy | −$1.6k | −$0.76 |
| EGI | $28.3k | $13.04 |
| − OpEx | −$8.5k | −$3.91 |
| NOI | $19.8k | $9.13 |
2,171 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$283.1K
$247.7K – $330.3K
NOI $19,818 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$262.0K
$229.2K – $305.6K
NOI $18,338 @ 7.0% cap · market cap 5.92%
Theoretical Best
Specialty Retail
$742.5K
$649.7K – $866.2K
NOI $51,974 @ 7.0% cap · market cap 16.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Explore this area
Business Placement
Demographics for 73112, OK
31,113
Population
16,413
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
7.6 sq mi
ZIP Area
4,094
Density / Sq Mi
$57,833
Median Household Income
$39,641
Median Earnings
$1,030
Median Rent
$173,100
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?
Triplex - Triplex setup with a front main house and two rear apartments, plus in-unit laundry in both apartments.
Where is this triplex located?
The property is located at 2243 W Eubanks Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Triplex layout with front main house plus two rear apartments; 1,482‑square‑foot main house with three bedrooms and two full bathrooms; New roof on the main house
