Renovated Two-Unit
For Sale
$499,999
2748 Nw 17th St, Oklahoma City, OK 73160
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 Market16
Property Features for 2748 Nw 17th St
General Information
Standard status
Active
Size
3,265 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
fireplace
balcony
washer & dryer
Building Details
Year Renovated
2026
Buildings
1
Listing Agency:
eXp Realty, LLC
(888) 560-3964
Listed By:
Kathy Parker
(405) 642-1929
Source:
Exprealty
Added: Oct 4
Changed: Oct 18
Last Checked: Oct 16 at 10:27AM
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
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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
$29,490
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,800
$589.8K
Cap Rate 7%
$421,286
$421.3K
Cap Rate 9%
$327,667
$327.7K
Market Conditions
NOI Build-Up for 3,265 SF
Gross rent
$45.1K $13.80/SF
− Vacancy
−$2.9K −$0.90/SF
EGI
$42.1K $12.90/SF
− OpEx
−$12.6K −$3.87/SF
NOI
$29.5K $9.03/SF
Area
ZIP 73160
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,800
Cap Rate 7%
$421,286
Cap Rate 9%
$327,667
Alternative Uses
Best Use
Multifamily LT 5
$421.3K
$368.6K – $491.5K
NOI $29,490 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$391.5K
$342.6K – $456.7K
NOI $27,404 @ 7.0% cap · market cap 5.48%
Theoretical Best
Specialty Retail
$789.2K
$690.6K – $920.7K
NOI $55,244 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
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Business Placement
Demographics for 73160, OK
60,511
Population
25,055
Households
2.4
Avg Household Size
33
Median Age
28%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
2,828
Density / Sq Mi
$76,407
Median Household Income
$41,156
Median Earnings
$1,245
Median Rent
$189,000
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
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
