Remodeled Tenant-Occupied
For Sale
$275,000
2763 NW 19th Street Oklahoma, Oklahoma City, OK 73107
Updated two-unit property with full occupancy, central electric service, and gas utilities.
Property Size2,148 SF
Days on Market238
Property Features for 2763 NW 19th Street Oklahoma
General Information
Standard status
Active
Size
2,148 SF
Property subtype
Duplex
Amenities
Central Elec
Gas
Deck, Patio, Porch, Composition
Building Details
Building Size
2,148 SF
Year Built
1930
Listing Agency:
RE/MAX at Home
Listed By:
John E Askin · License #146068
(405) 812-4118
Source:
Kw
Added: Feb 10
Changed: Oct 4
Last Checked: Oct 5 at 4:17PM
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
Investment Insights
Based on property information with market context.
This duplex was remodeled before the current tenants took occupancy and is fully leased. The property includes central electric service, gas utilities, and exterior deck, patio, and porch areas. Built in 1930, it combines updated interiors with established residential construction.
The property is located on NW 19th Street in Oklahoma City, with access to major roads, shopping, and employment centers. The two-unit configuration and existing tenancy provide a straightforward residential income profile for an investor seeking an occupied asset.
The property is located on NW 19th Street in Oklahoma City, with access to major roads, shopping, and employment centers. The two-unit configuration and existing tenancy provide a straightforward residential income profile for an investor seeking an occupied asset.
Key Highlights
- Both units remodeled before the current tenants moved in
- 100% tenant‑occupied duplex
- Central electric service and gas utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,608
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,160
$392.2K
Cap Rate 7%
$280,114
$280.1K
Cap Rate 9%
$217,867
$217.9K
Market Conditions
NOI Build-Up for 2,148 SF
Gross rent
$29.6K $13.80/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$28.0K $13.04/SF
− OpEx
−$8.4K −$3.91/SF
NOI
$19.6K $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%
$392,160
Cap Rate 7%
$280,114
Cap Rate 9%
$217,867
Alternative Uses
Best Use
Multifamily LT 5
$280.1K
$245.1K – $326.8K
NOI $19,608 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$259.2K
$226.8K – $302.4K
NOI $18,143 @ 7.0% cap · market cap 6.60%
Theoretical Best
Specialty Retail
$734.6K
$642.8K – $857.1K
NOI $51,423 @ 7.0% cap · market cap 18.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
479
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 - Updated two-unit property with full occupancy, central electric service, and gas utilities.
Where is this duplex located?
The property is located at 2763 NW 19th Street Oklahoma Oklahoma City, OK.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Both units remodeled before the current tenants moved in; 100% tenant‑occupied duplex; Central electric service and gas utilities
