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Craftsman Residential Income Property
New
For Sale
$345,000

3310 S 23rd, Chickasha, OK 73018

Central electric climate control and an appliance package that includes a washer and dryer support residential use.

Property Size1,966 SF
Price / SF$175.48
Days on Market5

Property Features for 3310 S 23rd

General Information

Standard status Active
Size 1,966 SF
Property subtype Residential Income

Amenities

Electric
Central, Electric
Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Electric Water Heater
Fenced
Concrete
Bungalow, Craftsman

Building Details

Year Built 2026
Listing Agency: Cadence Real Estate
Listed By: Kat Thompson
Source: Evrealestate
Added: Oct 26 Changed: Oct 29 Last Checked: Oct 28 at 6:27AM

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 Cadence Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2026, this 1,966-square-foot residential income property features bungalow and Craftsman exterior elements. The interior includes central electric heating and cooling, an electric water heater, dishwasher, disposal, microwave, refrigerator, and washer/dryer. The property also has fencing and concrete improvements.

Located at 3310 S 23rd in Chickasha, the property is near the golf course and accessible from Country Club Road via S 23rd Street.

Key Highlights

  • 1,966‑square‑foot residential income property built in 2026
  • Bungalow and Craftsman exterior features
  • Fenced exterior with concrete

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,003
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,060 $340.1K
Cap Rate 7%
$242,900 $242.9K
Cap Rate 9%
$188,922 $188.9K
Market Conditions
NOI Build-Up for 1,966 SF
Gross rent
$33.0K $16.80/SF
− Vacancy
−$2.1K −$1.08/SF
EGI
$30.9K $15.72/SF
− OpEx
−$13.9K −$7.08/SF
NOI
$17.0K $8.65/SF
Area
Grady County, OK
Vacancy
6.40%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,060
Cap Rate 7%
$242,900
Cap Rate 9%
$188,922

Alternative Uses

Best Use
Apartment 5plus
$242.9K
$212.5K – $283.4K (±1% cap)
NOI $17,003 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$475.2K
$415.8K – $554.4K (±1% cap)
NOI $33,265 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Residential income property - Central electric climate control and an appliance package that includes a washer and dryer support residential use.
Where is this residential income property located?
The property is located at 3310 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: 1,966‑square‑foot residential income property built in 2026; Bungalow and Craftsman exterior features; Fenced exterior with concrete
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Includes: Price & PSF · Cap rate · Location · Zoning

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