Duplex with Attached
New
For Sale
$249,000
2807-2805 Glen Oaks Dr, Norman, OK 73071
Both residences include private garage parking and matching bedroom and bathroom layouts.
Property Size1,887 SF
Price / SF$131.96
Days on Market6
Property Features for 2807-2805 Glen Oaks Dr
General Information
Standard status
Active
Size
1,887 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
2
Building Details
Buildings
1
Listing Agency:
SERV Realty
(405) 646-0446
Listed By:
Samantha Mull
(405) 568-0659
Source:
Exprealty
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 6 at 2:29AM
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 SERV Realty
Investment Insights
Based on property information with market context.
This duplex contains 1,887 square feet across two residences. Each side has 2 bedrooms, 2 full bathrooms, and a 2-car garage. Refrigerators are included in both units; one also has a washer and dryer.
The property is located minutes from the OU campus in Norman, Oklahoma. Its matching unit layouts and separate garages provide a consistent configuration across both sides.
The property is located minutes from the OU campus in Norman, Oklahoma. Its matching unit layouts and separate garages provide a consistent configuration across both sides.
Key Highlights
- 1,887 square feet of total living space
- Two units, each with 2 bedrooms and 2 full bathrooms
- Each residence has a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,104
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,080
$342.1K
Cap Rate 7%
$244,343
$244.3K
Cap Rate 9%
$190,044
$190.0K
Market Conditions
NOI Build-Up for 1,887 SF
Gross rent
$26.0K $13.80/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$24.4K $12.95/SF
− OpEx
−$7.3K −$3.88/SF
NOI
$17.1K $9.06/SF
Area
Norman, OK
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,080
Cap Rate 7%
$244,343
Cap Rate 9%
$190,044
Alternative Uses
Best Use
Multifamily LT 5
$244.3K
$213.8K – $285.1K
NOI $17,104 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$224.6K
$196.5K – $262.0K
NOI $15,720 @ 7.0% cap · market cap 6.31%
Theoretical Best
Specialty Retail
$326.1K
$285.3K – $380.4K
NOI $22,825 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 73071, OK
43,379
Population
19,192
Households
2.3
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
23.3 sq mi
ZIP Area
1,862
Density / Sq Mi
$59,258
Median Household Income
$32,830
Median Earnings
$1,059
Median Rent
$206,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include private garage parking and matching bedroom and bathroom layouts.
Where is this duplex located?
The property is located at 2807-2805 Glen Oaks Dr Norman, OK.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,887 square feet of total living space; Two units, each with 2 bedrooms and 2 full bathrooms; Each residence has a 2‑car garage
