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Two-Unit Brick Duplex with Garages
For Sale
$349,000

408 N Willowood Drive # 408 & 410, Yukon, OK 73099

Each residence has a two-car garage, with additional secured parking for an oversized vehicle or boat.

Property Size2,652 SF
Price / SF$131.60
Days on Market15

Property Features for 408 N Willowood Drive # 408 & 410

General Information

Standard status Active
Size 2,652 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

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

Additional Details

Furnished No
HOA Fee $83.33
Highway Access Yes
Tenant in Place Yes

Amenities

community pool
4
Assessor
2
Gas Log
Interior Lot
0.15
Additional Parking
Slab

Building Details

Year Built 2003
Stories 1
Construction brick
Listing Agency: Keller Williams Realty Elite
Listed By: Michelle Mclaughlin · License #177179
Source: Flotillarealestate
Added: Oct 19 Changed: Oct 31 Last Checked: Oct 31 at 4:32AM

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 Keller Williams Realty Elite

Rey
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Investment Insights

Based on property information with market context.

This brick duplex, built in 2003, contains two residences of 1,326 square feet each, for 2,652 square feet total. Each unit has two bedrooms, two bathrooms, a two-car garage, and granite countertops. Both include stainless steel appliances; flooring differs between the units. The roof is new, and the exterior was painted in 2023. The fence was replaced in 2024.

Residents have access to a community pool and front-yard maintenance through the HOA. The property is about a minute from I-40, Mustang Road, and Czech Hall, with restaurants and shopping nearby. A secured area provides parking for oversized vehicles and boats.

Key Highlights

  • Two‑unit brick duplex with 1,326 square feet per residence and 2,652 square feet total
  • Each unit has 2 bedrooms, 2 bathrooms, and a 2‑car garage
  • New roof; exterior paint completed in 2023 and fence replaced in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,231
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,620 $344.6K
Cap Rate 7%
$246,157 $246.2K
Cap Rate 9%
$191,456 $191.5K
Market Conditions
NOI Build-Up for 2,652 SF
Gross rent
$27.1K $10.20/SF
− Vacancy
−$2.4K −$0.92/SF
EGI
$24.6K $9.28/SF
− OpEx
−$7.4K −$2.78/SF
NOI
$17.2K $6.50/SF
Area
Canadian County, OK
Vacancy
9.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,620
Cap Rate 7%
$246,157
Cap Rate 9%
$191,456

Alternative Uses

Best Use
Multifamily LT 5
$246.2K
$215.4K – $287.2K (±1% cap)
NOI $17,231 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$207.0K
$181.2K – $241.6K (±1% cap)
NOI $14,493 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$577.4K
$505.3K – $673.7K (±1% cap)
NOI $40,421 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 73099, OK

83,213
Population
32,654
Households
2.5
Avg Household Size
35
Median Age
35%
College-Educated
94%
High-School Grad
124.7 sq mi
ZIP Area
667
Density / Sq Mi
$86,198
Median Household Income
$46,490
Median Earnings
$1,255
Median Rent
$229,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - Each residence has a two-car garage, with additional secured parking for an oversized vehicle or boat.
Where is this duplex located?
The property is located at 408 N Willowood Drive # 408 & 410 Yukon, OK.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Two‑unit brick duplex with 1,326 square feet per residence and 2,652 square feet total; Each unit has 2 bedrooms, 2 bathrooms, and a 2‑car garage; New roof; exterior paint completed in 2023 and fence replaced in 2024
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