Brick Half-Duplex with Oversized
4420 S Olie Avenue Oklahoma City, OK 73109
4420 S Olie Avenue, Oklahoma City, OK, 73109
$155,000
For Sale
$155,000
SINGLE_FAMILY - Other - Oklahoma City, OK
Property Size1,279 SF
Lot Size0.10 Acres
Price / SF$121.19
Days on Market135
Property Features for 4420 S Olie Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
- Patio and Porch features
- Porch, Patio
- Exterior features
- Patio-Covered, Covered Porch
- Fireplace
- 1
- Standard status
- Active
- APN
- 4420SOlie73109
- Size
- 1,279 SF
- Lot size
- 0.10 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1985
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
Weichert Realtors Centennial
(405) 360-0303
360 24th Ave Nw #126, Norman, OK
Listed by
Heddy Zhu · License #207930
(405) 589-3820
Added: Mar 4 Checked: Jul 17 at 6:06 pm
MLS# 1215082
Listing URL
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Investment Insights
Based on property information with market context.
Charming, move-in ready brick half-duplex offering 2 bedrooms and 2 bathrooms with 1,279 square feet of living space. The home includes a spacious living room with a brick gas-log fireplace, a primary suite with access to a covered patio, and an oversized one-car garage. The backyard features a stone walking path, flower beds, and a new side fence for added privacy.
Roof was replaced in 2020, and the kitchen was remodeled in 2023. An HOA fee of $50 per month covers lawn maintenance and common area upkeep. The property is described as being just minutes from Walmart, restaurants, and a hospital, providing convenient access to shopping and medical services.
Roof was replaced in 2020, and the kitchen was remodeled in 2023. An HOA fee of $50 per month covers lawn maintenance and common area upkeep. The property is described as being just minutes from Walmart, restaurants, and a hospital, providing convenient access to shopping and medical services.
Key Highlights
- Brick half‑duplex built in 1985 with 2 bedrooms, 2 bathrooms, and 1,279 sq ft of living space
- Oversized one‑car garage plus porch and patio with access from the primary suite
- Cozy brick gas‑log fireplace in the spacious living room
Local Financial Insights For Multifamily LT 5
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 | $17.7k | $13.80 |
| − Vacancy | −$971 | −$0.76 |
| EGI | $16.7k | $13.04 |
| − OpEx | −$5.0k | −$3.91 |
| NOI | $11.7k | $9.13 |
1,279 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$166.8K
$146.0K – $194.6K
NOI $11,676 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$154.3K
$135.0K – $180.1K
NOI $10,803 @ 7.0% cap · market cap 6.97%
Theoretical Best
Specialty Retail
$437.4K
$382.7K – $510.3K
NOI $30,619 @ 7.0% cap · market cap 19.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Move-in ready brick half-duplex with 2 bedrooms, 2 baths, and a covered patio off the primary suite.
Where is this duplex located?
The property is located at 4420 S Olie Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Brick half‑duplex built in 1985 with 2 bedrooms, 2 bathrooms, and 1,279 sq ft of living space; Oversized one‑car garage plus porch and patio with access from the primary suite; Cozy brick gas‑log fireplace in the spacious living room
