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Four-Unit Townhome Quadplex
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231 Antry Drive, Catoosa, OK 74015

Occupied townhome asset with varied unit layouts, individual outdoor spaces, and detached covered parking.

Property Size3,568 SF
Lot Size0.29 Acres
Price / SF$103.70
Days on Market57

Property Features for 231 Antry Drive

General Information

Standard status Active
Size 3,568 SF
Lot size 0.29 Acres
Property subtype Multifamily

Units

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

Additional Details

Utilities to Site Yes

Amenities

balcony
professional landscaping
sidewalks
mature trees

Building Details

Year Built 1986
Buildings 1
Construction wood frame
Listing Agency: Coldwell Banker Select Real Estate Midtown
Listed By: David Roberts · License #OK 143180
Source: Crexi
Added: Sep 11 Changed: Oct 26 Last Checked: Nov 6 at 8:32AM

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 Real Estate Midtown

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Investment Insights

Based on property information with market context.

This quadplex comprises four occupied townhomes arranged as two one-bedroom, one-bath residences and two two-bedroom, one-bath residences. The units include living areas, kitchens, and either wood decks or balconies, with detached covered carport parking serving the property. Built in 1986, the improvements feature slab foundations, wood-frame construction with partial brick and wood exteriors, composition roofs, and central heat and air. City water and sewer serve the property.

The four residences are located at 231, 233, 235, and 237 Antry Dr. across multiple parcels totaling approximately 0.286 acre within the Spunky Ridge Addition and Catoosa School District. Shared site features include concrete access, sidewalks, gutters, mature trees, and professional landscaping. Ownership includes an approximately 0.1667-acre share of a one-acre common area, with responsibility for one-sixth of associated costs.

Key Highlights

  • Four occupied townhomes with two one‑bedroom and two two‑bedroom units
  • Approximately 3,568 total square feet across the four residences
  • Unit sizes include approximately 720 square feet and 1,064 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,785
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,700 $475.7K
Cap Rate 7%
$339,786 $339.8K
Cap Rate 9%
$264,278 $264.3K
Market Conditions
NOI Build-Up for 3,568 SF
Gross rent
$48.8K $13.68/SF
− Vacancy
−$5.6K −$1.56/SF
EGI
$43.2K $12.12/SF
− OpEx
−$19.5K −$5.45/SF
NOI
$23.8K $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%
$475,700
Cap Rate 7%
$339,786
Cap Rate 9%
$264,278

Alternative Uses

Best Use
Apartment 5plus
$339.8K
$297.3K – $396.4K (±1% cap)
NOI $23,785 @ 7.0% cap · market cap 6.43%
Second Best
Multifamily LT 5
$286.3K
$250.6K – $334.1K (±1% cap)
NOI $20,044 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$893.6K
$781.9K – $1.04M (±1% cap)
NOI $62,554 @ 7.0% cap · market cap 16.91%
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

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 - Occupied townhome asset with varied unit layouts, individual outdoor spaces, and detached covered parking.
Where is this quadplex located?
The property is located at 231 Antry Drive Catoosa, OK.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Four occupied townhomes with two one‑bedroom and two two‑bedroom units; Approximately 3,568 total square feet across the four residences; Unit sizes include approximately 720 square feet and 1,064 square feet
(501) 952-1057 Call to check price and availability
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