Duplex with Private
3224 Castlerock Road Oklahoma City, OK 73120
3224 Castlerock Road, Oklahoma City, OK, 73120
$225,000
Pending
For Sale
$225,000
Pending
SINGLE_FAMILY - Other - Oklahoma City, OK
Property Size1,486 SF
Lot Size0.10 Acres
Days on Market41
Property Features for 3224 Castlerock Road
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s), Laundry Room
- Exterior features
- Deck-Open
- Fireplace
- 1
- Appliances
- Dishwasher, Disposal, Microwave, Water Heater
- Standard status
- Pending
- APN
- 3224NONECastlerock73120
- Size
- 1,486 SF
- Lot size
- 0.10 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1984
- Flooring type
- Laminate
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
McGraw REALTORS (BO)
(405) 348-4422
16301 N May Avenue, Edmond, OK
Listed by
Carter Cooper
(405) 830-2454
Added: Jun 9 Checked: Jul 19 at 5:06 pm
MLS# 1233533
Listing URL
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.
Investment Insights
Based on property information with market context.
This duplex includes two mirror-image residences at 3224 Castlerock Rd and 3226 Castlerock Rd. Each side features a main-level layout with 2 bedrooms, 2 bathrooms, spacious living and dining areas, a functional kitchen, and a dedicated laundry room. Upstairs, each unit includes a versatile loft space. Both residences have their own private side deck and backyard space, along with an attached 2-car garage.
According to the seller, 3224 Castlerock Rd has been fully updated and is move-in ready. 3226 Castlerock Rd has received some updates and is currently tenant occupied, with a lease that extends through 2027 and is reported to transfer with the sale.
For a complete owner-occupant and rental income setup, this property allows the option to live in one side while renting the other.
According to the seller, 3224 Castlerock Rd has been fully updated and is move-in ready. 3226 Castlerock Rd has received some updates and is currently tenant occupied, with a lease that extends through 2027 and is reported to transfer with the sale.
For a complete owner-occupant and rental income setup, this property allows the option to live in one side while renting the other.
Key Highlights
- Own both sides of a duplex on Castlerock Rd: 3224 and 3226, each with ~1,486 SF and a combined ~2,972 SF
- Each side has 2 bedrooms and 2 bathrooms, with spacious living/dining areas, a functional kitchen, and a dedicated main‑level laundry room
- Upstairs loft space on each side for home office, study, hobby room, or additional living area
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.5k | $13.80 |
| − Vacancy | −$1.3k | −$0.90 |
| EGI | $19.2k | $12.90 |
| − OpEx | −$5.8k | −$3.87 |
| NOI | $13.4k | $9.03 |
1,486 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$191.7K
$167.8K – $223.7K
NOI $13,422 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$178.2K
$155.9K – $207.9K
NOI $12,472 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$357.7K
$313.0K – $417.3K
NOI $25,036 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Mirror-image duplex units each offer 2 bedrooms, 2 bathrooms, a private side deck, and an attached 2-car garage.
Where is this duplex located?
The property is located at 3224 Castlerock Road Oklahoma City, OK.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Own both sides of a duplex on Castlerock Rd: 3224 and 3226, each with ~1,486 SF and a combined ~2,972 SF; Each side has 2 bedrooms and 2 bathrooms, with spacious living/dining areas, a functional kitchen, and a dedicated main‑level laundry room; Upstairs loft space on each side for home office, study, hobby room, or additional living area
