2436 NW 16th Street, Oklahoma City, OK 73107
MULTI_FAMILY - Bungalow - Oklahoma City, OK
- Added:
- May 9, 2026
- Days on Market:
- 61
- Last Refresh:
- Jul 8 at 5:06 pm
Property Features for 2436 NW 16th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Parking
- 4
- Appliances
- Refrigerator, Water Heater
- Standard status
- Active
- APN
- 2436NW16th73107
- Size
- 1,776 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Bungalow
Listing agent Kaci Kaiser (405) 312-3264
Listing office Solas Real Estate LLC 20 NW 13TH, Oklahoma City, OK (405) 451-0000
Listing date May 9, 2026
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.
HighLights
- Updated duplex built in 1920 with brick & frame construction and bungalow architectural style
- 4‑bedroom/2‑bathroom layout with mirror‑image unit layouts and restored original hardwood floors
- Each unit includes an updated kitchen with granite countertops, newer appliances, and washer/dryer hookups
- Current rents are $1,200 per month per unit ($2,400 total); tenants pay all utilities
- Assumable loan at 4.88% (about $163,000 on the loan; difference via down payment or second loan)
- Detached garage plus extra front parking with space for two vehicles
Overview
Local 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 | $24.5k | $13.80 |
| − Vacancy | −$1.3k | −$0.76 |
| EGI | $23.2k | $13.04 |
| − OpEx | −$6.9k | −$3.91 |
| NOI | $16.2k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.556201
- Latitude
- 35.485612
