Duplex with Fenced
New
For Sale
$345,000
3308 S 23rd, Chickasha, OK 73018
The two-bedroom, two-bath layout includes an open living, dining, and kitchen area with a complete appliance package.
Property Size1,100 SF
Price / SF$313.64
Days on Market6
Property Features for 3308 S 23rd
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Multi-Family
Amenities
granite countertops
stainless steel appliances
fenced backyard
Listing Agency:
Cadence Real Estate
Listed By:
Kat Thompson
(405) 313-8239
Source:
Alloverok
Added: Oct 1
Changed: Oct 5
Last Checked: Oct 4 at 12:34PM
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 Cadence Real Estate
Investment Insights
Based on property information with market context.
This duplex at 3308 S 23rd in Chickasha includes a two-bedroom, two-bath residence with an open arrangement connecting the living room, dining area, and kitchen. The kitchen has granite countertops, stainless-steel appliances, and ample cabinetry. The appliance package includes a refrigerator, dishwasher, gas range, microwave, washer, and dryer. A primary bedroom has an en-suite bathroom and closet space; the second bedroom is served by a full bath. The backyard is fenced.
The property is near schools, parks, shopping, and dining in Chickasha. Its layout and included appliances provide a clear picture of the residence’s existing features.
The property is near schools, parks, shopping, and dining in Chickasha. Its layout and included appliances provide a clear picture of the residence’s existing features.
Key Highlights
- Two‑bedroom, two‑bath duplex
- Open layout joining the living, dining, and kitchen areas
- Kitchen features granite countertops, stainless‑steel appliances, and ample cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,281
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,620
$205.6K
Cap Rate 7%
$146,871
$146.9K
Cap Rate 9%
$114,233
$114.2K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$15.7K $14.28/SF
− Vacancy
−$1.0K −$0.93/SF
EGI
$14.7K $13.35/SF
− OpEx
−$4.4K −$4.01/SF
NOI
$10.3K $9.35/SF
Area
Grady County, OK
Vacancy
6.50%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,620
Cap Rate 7%
$146,871
Cap Rate 9%
$114,233
Alternative Uses
Best Use
Multifamily LT 5
$146.9K
$128.5K – $171.4K
NOI $10,281 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$135.9K
$118.9K – $158.6K
NOI $9,514 @ 7.0% cap · market cap 2.76%
Theoretical Best
Specialty Retail
$265.9K
$232.7K – $310.2K
NOI $18,612 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 73018, OK
19,806
Population
9,509
Households
2.1
Avg Household Size
38
Median Age
20%
College-Educated
89%
High-School Grad
155.1 sq mi
ZIP Area
128
Density / Sq Mi
$58,340
Median Household Income
$32,414
Median Earnings
$877
Median Rent
$126,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The two-bedroom, two-bath layout includes an open living, dining, and kitchen area with a complete appliance package.
Where is this duplex located?
The property is located at 3308 S 23rd Chickasha, OK.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath duplex; Open layout joining the living, dining, and kitchen areas; Kitchen features granite countertops, stainless‑steel appliances, and ample cabinetry
