Two-Unit Duplex
New
For Sale
$295,000
2409 S 91st East Place, Tulsa, OK 74129
Each residence offers three bedrooms, two bathrooms, and a gas log fireplace.
Property Size2,920 SF
Price / SF$101.03
Days on Market3
Property Features for 2409 S 91st East Place
General Information
Standard status
Active
Size
2,920 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
gas log fireplaces
Building Details
Year Built
1998
Listing Agency:
Coldwell Banker Select
(918) 458-5888
Listed By:
Century 21 Wright Real Estate
(918) 456-5288
Source:
Century21wright
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 6 at 7:50AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex property contains two residences, each with 3 bedrooms, 2 bathrooms, and a gas log fireplace. Newer ceramic tile flooring runs throughout both units. The property was built in 1998 and has a total area of 2,920 square feet.
Set within a cul-de-sac, the property offers access to highways.
Set within a cul-de-sac, the property offers access to highways.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- Gas log fireplace in each residence
- Newer ceramic tile flooring throughout both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,046
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,920
$520.9K
Cap Rate 7%
$372,086
$372.1K
Cap Rate 9%
$289,400
$289.4K
Market Conditions
NOI Build-Up for 2,920 SF
Gross rent
$52.6K $18.00/SF
− Vacancy
−$5.2K −$1.78/SF
EGI
$47.4K $16.22/SF
− OpEx
−$21.3K −$7.30/SF
NOI
$26.0K $8.92/SF
Area
Tulsa, OK
Vacancy
9.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,920
Cap Rate 7%
$372,086
Cap Rate 9%
$289,400
Alternative Uses
Best Use
Multifamily LT 5
$406.4K
$355.6K – $474.1K
NOI $28,445 @ 7.0% cap · market cap 9.64%
Second Best
Apartment 5plus
$372.1K
$325.6K – $434.1K
NOI $26,046 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$622.8K
$544.9K – $726.6K
NOI $43,595 @ 7.0% cap · market cap 14.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 74129, OK
18,755
Population
7,751
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
4,689
Density / Sq Mi
$49,645
Median Household Income
$35,453
Median Earnings
$929
Median Rent
$141,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Tulsa, OK
Properties on Market for Duplexes in Tulsa
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, and a gas log fireplace.
Where is this duplex located?
The property is located at 2409 S 91st East Place Tulsa, OK.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; Gas log fireplace in each residence; Newer ceramic tile flooring throughout both units
