Versatile Duplex with Private
234 Dennis Street Edmond, OK 73013
234 Dennis Street, Edmond, OK, 73013
$254,900
For Sale
$254,900
MULTI_FAMILY - Other - Edmond, OK
Property Size1,893 SF
Price / SF$134.65
Days on Market47
Property Features for 234 Dennis Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4
- Standard status
- Active
- APN
- NONE234Dennis73013
- Size
- 1,893 SF
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 2003
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
LRE Realty, LLC
(405) 285-5750
3020 E Britton Rd, Oklahoma City, OK
Listed by
Johana Rodriguez
(405) 496-8772
Added: Jun 1 Checked: Jul 17 at 7:06 pm
MLS# 1232073
Listing URL
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Investment Insights
Based on property information with market context.
This duplex at 234 Dennis Street was built in 2003 and features two residential units. One side offers 3 bedrooms and 2 bathrooms and is currently occupied under a tenant lease. The other side has 2 bedrooms and 2 bathrooms and is vacant and move-in ready.
Both units include private, fenced backyards, providing outdoor space for residents. The property is located near shopping, dining, schools, and major commuter routes within Edmond, Oklahoma.
The layout provides flexibility for an owner-occupant or an investor seeking two separate units with similar bathroom counts and dedicated outdoor areas.
Both units include private, fenced backyards, providing outdoor space for residents. The property is located near shopping, dining, schools, and major commuter routes within Edmond, Oklahoma.
The layout provides flexibility for an owner-occupant or an investor seeking two separate units with similar bathroom counts and dedicated outdoor areas.
Key Highlights
- Duplex built in 2003 with brick construction and a composition roof
- Unit mix: one 3‑bedroom/2‑bath unit and one 2‑bedroom/2‑bath unit
- One side is tenant leased and the other is vacant and move‑in ready
Local Financial Insights For Apartment 5plus
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 | $24.3k | $12.84 |
| − Vacancy | −$2.4k | −$1.27 |
| EGI | $21.9k | $11.57 |
| − OpEx | −$9.9k | −$5.21 |
| NOI | $12.0k | $6.36 |
1,893 SF · lease $12.84/SF/yr · vacancy 9.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$172.1K
$150.6K – $200.8K
NOI $12,045 @ 7.0% cap · market cap 4.73%
Second Best
Multifamily LT 5
$164.3K
$143.8K – $191.7K
NOI $11,502 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$394.3K
$345.0K – $460.0K
NOI $27,599 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex built in 2003 with two units, including fenced private backyards and one vacant, move-in ready unit.
Where is this duplex located?
The property is located at 234 Dennis Street Edmond, OK.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Duplex built in 2003 with brick construction and a composition roof; Unit mix: one 3‑bedroom/2‑bath unit and one 2‑bedroom/2‑bath unit; One side is tenant leased and the other is vacant and move‑in ready