Multi-Use Property with Rooftop
411 NW 5th Street Oklahoma City, OK 73102
For Sale
$895,000
SINGLE_FAMILY - Oklahoma City, OK
Property Size7,875 SF
Lot Size0.23 Acres
Price / SF$113.65
Days on Market461
Property Features for 411 NW 5th Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- Commercial
- Standard status
- Active
- APN
- 411NW5th73102
- Size
- 7,875 SF
- Lot size
- 0.23 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1953
- Floors in Building
- 2
- Building materials
- Brick
Listing Agency:
Copper Creek Real Estate
(405) 888-9902
Listed By:
Micah Davis · License #153465
(405) 509-3516
Added: Apr 21, 2025
Changed: Jul 12
Last Checked: Jul 25 at 1:06PM
MLS# 1165935
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-use property combines an upper-level apartment, office space, and a warehouse/storage area. The upper level features a fully furnished 2,250 square foot apartment with two large bedrooms set up to sleep 10, two full baths, a private rooftop patio, and a small elevator. The office space includes a kitchenette, two bathrooms, and a connecting two-car garage. A third space is a large warehouse with high ceilings, a large roll-up garage door, and a fenced-in storage area behind the building.
The property includes a private parking lot located just east of the building and is described as walkable to restaurants and businesses in downtown Oklahoma City. Security features include 14 video surveillance cameras and a monitored alarm system. The property is offered for sale as-is and is zoned Commercial. The lot size is 0.2282 acres, with a total property size of 7,875 square feet.
The property includes a private parking lot located just east of the building and is described as walkable to restaurants and businesses in downtown Oklahoma City. Security features include 14 video surveillance cameras and a monitored alarm system. The property is offered for sale as-is and is zoned Commercial. The lot size is 0.2282 acres, with a total property size of 7,875 square feet.
Key Highlights
- 1953 brick multi‑use property with public water and public sewer
- Upper‑level fully furnished 2,250 sq ft apartment with 2 bedrooms, 2 full baths, and rooftop patio
- Apartment is set up to sleep 10 and includes a small elevator
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.6k | $16.20 |
| − Vacancy | −$6.6k | −$0.84 |
| EGI | $120.9k | $15.36 |
| − OpEx | −$54.4k | −$6.91 |
| NOI | $66.5k | $8.45 |
7,875 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Office B
$1.60M
$1.40M – $1.87M
NOI $112,039 @ 7.0% cap · market cap 12.52%
Second Best
Mixed Use
$1.55M
$1.36M – $1.81M
NOI $108,675 @ 7.0% cap · market cap 12.14%
Theoretical Best
Specialty Retail
$2.69M
$2.36M – $3.14M
NOI $188,528 @ 7.0% cap · market cap 21.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Elev8 Digital Media
Advertising Agency
C Merle Gile ...
Law Firm
FAQs
What type of property is this?
Live-work space - Includes a furnished upper apartment, office space with kitchenette and garage, plus a warehouse with a roll-up door.
Where is this live-work space located?
The property is located at 411 NW 5th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 1953 brick multi‑use property with public water and public sewer; Upper‑level fully furnished 2,250 sq ft apartment with 2 bedrooms, 2 full baths, and rooftop patio; Apartment is set up to sleep 10 and includes a small elevator
