Renovated Two-Unit
New
For Sale
$499,999
2748 NW 17th St, Oklahoma City, OK 73107
Both residences include fireplaces, updated kitchens and baths, and in-unit refrigerators, washers, and dryers.
Property Size3,265 SF
Price / SF$153.14
Days on Market7
Property Features for 2748 NW 17th St
General Information
Standard status
Active
Size
3,265 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
fireplace
balcony
washer & dryer
Building Details
Year Built
1929
Year Renovated
2026
Buildings
1
Listing Agency:
eXp Realty, LLC
Listed By:
Kathy Parker
(405) 642-1929
Source:
Kathleenforrest
Added: Oct 7
Last Checked: Oct 7 at 2:28PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This two-unit duplex contains separate upstairs and downstairs residences, each configured with three bedrooms and two bathrooms. Renovation work completed in 2025-2026 included the kitchens, bathrooms, appliances, hot water tanks, and interior and exterior paint. Hardwood flooring and tile are present throughout, with no carpet. Each unit has a fireplace, refrigerator, washer, and dryer; the upper residence also features a balcony.
A detached two-car garage sits behind the building, reached by a long concrete driveway. The property is at 2748 NW 17th St in Oklahoma City, and the two units have separate addresses: 2748 NW 17 and 2750 NW 17. The building dates to 1929.
A detached two-car garage sits behind the building, reached by a long concrete driveway. The property is at 2748 NW 17th St in Oklahoma City, and the two units have separate addresses: 2748 NW 17 and 2750 NW 17. The building dates to 1929.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- Renovation work completed in 2025‑2026
- Detached 2 Car Garage at the rear of the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,805
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,100
$596.1K
Cap Rate 7%
$425,786
$425.8K
Cap Rate 9%
$331,167
$331.2K
Market Conditions
NOI Build-Up for 3,265 SF
Gross rent
$45.1K $13.80/SF
− Vacancy
−$2.5K −$0.76/SF
EGI
$42.6K $13.04/SF
− OpEx
−$12.8K −$3.91/SF
NOI
$29.8K $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%
$596,100
Cap Rate 7%
$425,786
Cap Rate 9%
$331,167
Alternative Uses
Best Use
Multifamily LT 5
$425.8K
$372.6K – $496.8K
NOI $29,805 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$394.0K
$344.7K – $459.6K
NOI $27,578 @ 7.0% cap · market cap 5.52%
Theoretical Best
Specialty Retail
$1.12M
$977.1K – $1.30M
NOI $78,164 @ 7.0% cap · market cap 15.63%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
532
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences include fireplaces, updated kitchens and baths, and in-unit refrigerators, washers, and dryers.
Where is this duplex located?
The property is located at 2748 NW 17th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; Renovation work completed in 2025‑2026; Detached 2 Car Garage at the rear of the property
