Tenant-Occupied
For Sale
$177,500
2541 NW 11th Street, Oklahoma City, OK 73107
Residential Income, Oklahoma City, OK
Property Size1,750 SF
Lot Size0.17 Acres
Price / SF$101.43
Days on Market56
Property Features for 2541 NW 11th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Lot features
Interior Lot
Elementary school
Mark Twain ES
Middle school
Taft MS
High school
Northwest Classen HS
Elementary school district
Oklahoma City
Middle school district
Oklahoma City
High school district
Oklahoma City
Directions
From NW 10th and May go East to Linn Ave then North to 11th Street then West to property on North side of the road.
Standard status
Active
APN
2541NW11th73107
Size
1,750 SF
Lot size
0.17 Acres
Utilities
Heating system
Floor Furnace
Cooling system
Electric
Building Details
Year built
1926
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Bungalow
Listing Agency:
RE/MAX at Home · RE/MAX International
(405) 708-6691
Listed By:
John Askin
(405) 812-4118
Added: Aug 28
Changed: Sep 13
Last Checked: Oct 22 at 4:06PM
MLS# 1244417
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.
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Investment Insights
Based on property information with market context.
This duplex contains 1,750 square feet within a bungalow-style structure built in 1926. The property is fully tenant-occupied and includes two bathrooms, brick and frame construction, a composition roof, floor-furnace heating, and electric cooling. A new central air-conditioning system is among the recent improvements.
Set on 0.1722 acres at 2541 NW 11th Street in Oklahoma City, the property offers a small-scale residential income configuration with established occupancy. Its location provides access to major roads, shopping, and employment centers.
Set on 0.1722 acres at 2541 NW 11th Street in Oklahoma City, the property offers a small-scale residential income configuration with established occupancy. Its location provides access to major roads, shopping, and employment centers.
Key Highlights
- 100% tenant‑occupied duplex
- 1,750 square feet on 0.1722 acres
- New central A/C system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,975
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,500
$319.5K
Cap Rate 7%
$228,214
$228.2K
Cap Rate 9%
$177,500
$177.5K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$24.2K $13.80/SF
− Vacancy
−$1.3K −$0.76/SF
EGI
$22.8K $13.04/SF
− OpEx
−$6.8K −$3.91/SF
NOI
$16.0K $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%
$319,500
Cap Rate 7%
$228,214
Cap Rate 9%
$177,500
Alternative Uses
Best Use
Multifamily LT 5
$228.2K
$199.7K – $266.3K
NOI $15,975 @ 7.0% cap · market cap 9.00%
Second Best
Apartment 5plus
$211.2K
$184.8K – $246.4K
NOI $14,782 @ 7.0% cap · market cap 8.33%
Theoretical Best
Specialty Retail
$598.5K
$523.7K – $698.3K
NOI $41,895 @ 7.0% cap · market cap 23.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
454
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Updated residential income property with full occupancy and a recently installed central air-conditioning system.
Where is this duplex located?
The property is located at 2541 NW 11th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $177,500.
What are key features of this property?
This property features: 100% tenant‑occupied duplex; 1,750 square feet on 0.1722 acres; New central A/C system
