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Versatile Duplex with Private Yards

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
3020 E Britton Rd, Oklahoma City, OK
Listed by Johana Rodriguez
Added: Jun 1 Checked: Jul 17 at 6:06 pm
MLS# 1232073 Listing URL

Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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.

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 (±1% cap)
NOI $12,045 @ 7.0% cap · market cap 4.73%
Second Best
Multifamily LT 5
$164.3K
$143.8K – $191.7K (±1% cap)
NOI $11,502 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$394.3K
$345.0K – $460.0K (±1% cap)
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

Suggested Use

Parking Lot & Garage Big Box & Wholesale Store Grocery & Convenience Store Grocery & Convenience Store Hotel & Motel Travel Agency Butcher Storage Facility Tattoo & Piercing Shop Restaurant

Zoning and permitted uses should be independently verified with local authorities.

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
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