Two-Unit Duplex with
New
For Sale
$175,000
409 S Maple Street, Sapulpa, OK 74066
Two residential units offer matching layouts, private one-car garages, and low-maintenance vinyl siding.
Property Size1,624 SF
Price / SF$107.76
Days on Market3
Property Features for 409 S Maple Street
General Information
Standard status
Active
Size
1,624 SF
Total Parking Spaces
2
Property subtype
Farm
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
1
Building Details
Year Built
2000
Listing Agency:
Vylla Home
Listed By:
Daniel Ashinhurst · License #dashinhurst
(501) 350-4527
Source:
1907realty
Added: Sep 19
Last Checked: Sep 21 at 4:31AM
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 Vylla Home
Investment Insights
Based on property information with market context.
Built in 2000, this duplex contains two separate units, each arranged with two bedrooms, one full bathroom, and a one-car garage. Exterior vinyl siding provides a durable, lower-maintenance finish for the building. The property supports either leasing both units or occupying one while renting the other, as stated in the property information.
The duplex is located on S Maple Street in Sapulpa, near schools, parks, restaurants, and a hospital. Its central-town setting places several everyday services and community destinations nearby. Unit A and Unit B share the same bedroom, bathroom, and garage configuration, creating a straightforward two-unit residential income property.
The duplex is located on S Maple Street in Sapulpa, near schools, parks, restaurants, and a hospital. Its central-town setting places several everyday services and community destinations nearby. Unit A and Unit B share the same bedroom, bathroom, and garage configuration, creating a straightforward two-unit residential income property.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bath in each unit
- Each unit includes a 1‑car garage
- Exterior vinyl siding for reduced maintenance needs
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,623
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$252,460
$252.5K
Cap Rate 7%
$180,329
$180.3K
Cap Rate 9%
$140,256
$140.3K
Market Conditions
NOI Build-Up for 1,624 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$20.1K $12.36/SF
− Vacancy
−$2.0K −$1.26/SF
EGI
$18.0K $11.10/SF
− OpEx
−$5.4K −$3.33/SF
NOI
$12.6K $7.77/SF
Area
Creek County, OK
Vacancy
10.16%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$252,460
Cap Rate 7%
$180,329
Cap Rate 9%
$140,256
Alternative Uses
Best Use
Multifamily LT 5
$180.3K
$157.8K – $210.4K
NOI $12,623 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$165.5K
$144.8K – $193.0K
NOI $11,582 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$399.4K
$349.4K – $465.9K
NOI $27,955 @ 7.0% cap · market cap 15.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
Business Placement
Demographics for 74066, OK
31,255
Population
13,736
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
91%
High-School Grad
123.6 sq mi
ZIP Area
253
Density / Sq Mi
$64,351
Median Household Income
$41,245
Median Earnings
$1,000
Median Rent
$168,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer matching layouts, private one-car garages, and low-maintenance vinyl siding.
Where is this duplex located?
The property is located at 409 S Maple Street Sapulpa, OK.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bath in each unit; Each unit includes a 1‑car garage; Exterior vinyl siding for reduced maintenance needs
