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Turnkey Duplex with Attached Garages
New
For Sale
$300,000

229 Windsor Way, Oklahoma City, OK 73110

Refreshed duplex featuring updated interiors, in-unit laundry, and a one-car attached garage on each side.

Days on Market7

Property Features for 229 Windsor Way

General Information

Standard status Active
Property subtype Duplex

Building Details

Building Size 2,288 SF
Year Built 1983
Listing Agency: Salt Real Estate Inc
Listed By: Ciara Whitney
Source: Stetsonbentley
Added: Jul 25 Changed: Jul 30 Last Checked: Jul 31 at 11:29AM

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 Salt Real Estate Inc

Investment Insights

Based on property information with market context.

This turnkey duplex offers a functional two-unit layout with a 3-bedroom, 2-bath configuration per side. Interiors have been completely refreshed, including modern LVP flooring and fresh paint throughout both units, along with upgraded kitchens and baths featuring new countertops, a tile backsplash, refreshed white cabinetry, brand-new toilets, and an in-unit laundry room. Each side includes pantry storage in the kitchen and a dedicated dining space, supported by pass-through kitchen bars and sliding patio doors.

Both sides also provide a private attached one-car garage, for a total of six bedrooms and four bathrooms across the property. The duplex was built in 1983.

A brand-new roof will be installed prior to closing. The buyer is advised to verify all school information; the Crutcho Public School District is listed as the school district on the tax assessor listing for this property.

Key Highlights

  • Refreshed turnkey duplex built in 1983
  • 3‑bedroom, 2‑bath layout on each side
  • In‑unit laundry room and kitchen pantry

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 $31.6k $13.80
− Vacancy −$1.7k −$0.76
EGI $29.8k $13.04
− OpEx −$9.0k −$3.91
NOI $20.9k $9.13
2,288 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$298.4K
$261.1K – $348.1K (±1% cap)
NOI $20,886 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.1K (±1% cap)
NOI $19,326 @ 7.0% cap · market cap 6.44%
Theoretical Best
Specialty Retail
$782.5K
$684.7K – $912.9K (±1% cap)
NOI $54,775 @ 7.0% cap · market cap 18.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 73110, OK

33,156
Population
15,826
Households
2.1
Avg Household Size
35
Median Age
20%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,436
Median Household Income
$35,043
Median Earnings
$1,007
Median Rent
$119,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Refreshed duplex featuring updated interiors, in-unit laundry, and a one-car attached garage on each side.
Where is this duplex located?
The property is located at 229 Windsor Way Oklahoma City, OK.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Refreshed turnkey duplex built in 1983; 3‑bedroom, 2‑bath layout on each side; In‑unit laundry room and kitchen pantry
More about this property
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