8-Unit Duplex
For Sale
$457,000
3513 Wynn Circle, Edmond, OK 73013
All residences are occupied by Section 8 voucher tenants and have refreshed interiors.
Property Size3,151 SF
Price / SF$145.03
Days on Market155
Property Features for 3513 Wynn Circle
General Information
Standard status
Active
Size
3,151 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
8 x 3BR/2.5BA
Multifamily Units
8
Individually Metered Utilities
3BR/2.5BA
Additional Details
Tenant in Place
Yes
Amenities
8 x 3BR/2.5BA
Building Details
Building Size
3,151 SF
Year Built
1977
Buildings
4
Stories
2
Tenancy
Multi
Listing Agency:
Copper Creek Real Estate
(405) 888-9902
Listed By:
Shane Johnson
(405) 230-0161
Source:
Eastwoodrealtygroup
Added: May 23
Changed: Oct 23
Last Checked: Oct 23 at 4:52PM
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 Copper Creek Real Estate
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Investment Insights
Based on property information with market context.
This Edmond portfolio comprises four duplexes with eight residences. Each unit offers a three-bedroom, 2.5-bath layout. Interior updates include consistent paint colors, and the roofs were replaced within approximately the last 5–7 years.
The properties are located on Wynn Circle in Edmond, Oklahoma. The four duplexes may be acquired individually or together as a portfolio.
The properties are located on Wynn Circle in Edmond, Oklahoma. The four duplexes may be acquired individually or together as a portfolio.
Key Highlights
- Four duplexes comprising eight units
- Each unit has 3 bedrooms and 2.5 baths
- All units are occupied by Section 8 voucher tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,049
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,980
$401.0K
Cap Rate 7%
$286,414
$286.4K
Cap Rate 9%
$222,767
$222.8K
Market Conditions
NOI Build-Up for 3,151 SF
Gross rent
$40.5K $12.84/SF
− Vacancy
−$4.0K −$1.27/SF
EGI
$36.5K $11.57/SF
− OpEx
−$16.4K −$5.21/SF
NOI
$20.0K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,980
Cap Rate 7%
$286,414
Cap Rate 9%
$222,767
Alternative Uses
Best Use
Apartment 5plus
$286.4K
$250.6K – $334.2K
NOI $20,049 @ 7.0% cap · market cap 4.39%
Second Best
Multifamily LT 5
$273.5K
$239.3K – $319.1K
NOI $19,145 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$656.3K
$574.3K – $765.7K
NOI $45,941 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,291
Businesses Nearby
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Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - All residences are occupied by Section 8 voucher tenants and have refreshed interiors.
Where is this duplex located?
The property is located at 3513 Wynn Circle Edmond, OK.
What is the asking price?
The asking price for this property is $457,000.
What are key features of this property?
This property features: Four duplexes comprising eight units; Each unit has 3 bedrooms and 2.5 baths; All units are occupied by Section 8 voucher tenants
