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Three-Bedroom-Per-Side Duplex

332 NW 122nd Street #1, Oklahoma City, OK 73114

For Sale
$390,000

Both residences have open living areas, fenced backyards, and included kitchen and laundry appliances.

Property Size2,300 SF
Price / SF$169.57
Days on Market135

Property Features for 332 NW 122nd Street #1

General Information

Standard status Active
Size 2,300 SF
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Building Details

Building Size 2,300 SF
Year Built 2026
Buildings 1
Stories 1
Units 2
Listing Agency: Cadence Real Estate
Listed By: Kat Thompson
Source: Eastwoodrealtygroup
Added: Jun 29 Changed: Nov 8 Last Checked: Nov 9 at 10:53PM

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.

At 332 NW 122nd Street #1 in Oklahoma City, this 2,300-SF duplex contains two residences, each with three bedrooms and two bathrooms. Open living and kitchen areas include breakfast bars, pantries, granite countertops, and luxury vinyl tile flooring. The primary bedrooms have walk-in closets and private baths with dual sinks and tiled showers; a second full bath in each residence includes linen storage.

Covered front porches and fenced backyards serve both sides. Each residence also comes with a refrigerator, washer, dryer, and 2-inch white faux wood blinds. The property was built in 2026.

Key Highlights

  • 2,300 SF duplex built in 2026
  • Two residences, each with 3 bedrooms and 2 bathrooms
  • Open living and kitchen areas with breakfast bars, pantries, and granite countertops

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,996
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,920 $419.9K
Cap Rate 7%
$299,943 $299.9K
Cap Rate 9%
$233,289 $233.3K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$31.7K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$30.0K $13.04/SF
− OpEx
−$9.0K −$3.91/SF
NOI
$21.0K $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%
$419,920
Cap Rate 7%
$299,943
Cap Rate 9%
$233,289

Alternative Uses

Best Use
Multifamily LT 5
$299.9K
$262.5K – $349.9K (±1% cap)
NOI $20,996 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$277.5K
$242.8K – $323.8K (±1% cap)
NOI $19,427 @ 7.0% cap · market cap 4.98%
Theoretical Best
Specialty Retail
$786.6K
$688.3K – $917.7K (±1% cap)
NOI $55,062 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 73114, OK

18,694
Population
9,311
Households
2
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
1,968
Density / Sq Mi
$52,592
Median Household Income
$35,931
Median Earnings
$1,135
Median Rent
$134,100
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Oklahoma City, OK

$132 Jul
$149 Aug
$153 Sep
$142 Oct

Properties on Market for Duplexes in Oklahoma City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have open living areas, fenced backyards, and included kitchen and laundry appliances.
Where is this duplex located?
The property is located at 332 NW 122nd Street #1 Oklahoma City, OK.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 2,300 SF duplex built in 2026; Two residences, each with 3 bedrooms and 2 bathrooms; Open living and kitchen areas with breakfast bars, pantries, and granite countertops
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