Remodeled-Side
For Sale
$209,500
2536 NW 11th Street Oklahoma, Oklahoma City, OK 73107
Fully leased duplex with one renovated unit and convenient access to roads, shopping, and employment centers.
Property Size1,764 SF
Days on Market263
Property Features for 2536 NW 11th Street Oklahoma
General Information
Standard status
Active
Size
1,764 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Gross Income
$20,400
Multifamily Units
2
Amenities
Patio, Porch, Composition
Building Details
Building Size
1,764 SF
Year Built
1930
Listing Agency:
RE/MAX at Home
Listed By:
John E Askin · License #146068
(405) 812-4118
Source:
Kw
Added: Jan 28
Changed: Oct 16
Last Checked: Oct 16 at 8:28AM
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 RE/MAX at Home
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Investment Insights
Based on property information with market context.
Built in 1930, this duplex includes one remodeled side and is 100% tenant-occupied. The property offers two residential units with existing rental occupancy and exterior features that include a patio, porch, and composition materials.
Located at 2536 NW 11th Street in Oklahoma City, the property provides access to major roads, shopping, and employment centers. It may also be sold as part of a package with MLS# 1211471, 1211479, and 1211482.
Located at 2536 NW 11th Street in Oklahoma City, the property provides access to major roads, shopping, and employment centers. It may also be sold as part of a package with MLS# 1211471, 1211479, and 1211482.
Key Highlights
- 100% tenant‑occupied duplex
- One side remodeled
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,103
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,060
$322.1K
Cap Rate 7%
$230,043
$230.0K
Cap Rate 9%
$178,922
$178.9K
Market Conditions
NOI Build-Up for 1,764 SF
Gross rent
$24.3K $13.80/SF
− Vacancy
−$1.3K −$0.76/SF
EGI
$23.0K $13.04/SF
− OpEx
−$6.9K −$3.91/SF
NOI
$16.1K $9.13/SF
Area
Oklahoma City, OK
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,060
Cap Rate 7%
$230,043
Cap Rate 9%
$178,922
Alternative Uses
Best Use
Multifamily LT 5
$230.0K
$201.3K – $268.4K
NOI $16,103 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$212.9K
$186.3K – $248.3K
NOI $14,900 @ 7.0% cap · market cap 7.11%
Theoretical Best
Specialty Retail
$603.3K
$527.9K – $703.8K
NOI $42,230 @ 7.0% cap · market cap 20.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 73107, OK
26,318
Population
12,621
Households
2.1
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
3,463
Density / Sq Mi
$58,428
Median Household Income
$38,753
Median Earnings
$1,014
Median Rent
$143,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with one renovated unit and convenient access to roads, shopping, and employment centers.
Where is this duplex located?
The property is located at 2536 NW 11th Street Oklahoma Oklahoma City, OK.
What is the asking price?
The asking price for this property is $209,500.
What are key features of this property?
This property features: 100% tenant‑occupied duplex; One side remodeled; Built in 1930
