Brick Half-Duplex with
For Sale
$155,000
4420 S Olie Avenue, Oklahoma City, OK 73109
Residential, Oklahoma City, OK
Property Size1,279 SF
Lot Size0.10 Acres
Price / SF$121.19
Days on Market226
Property Features for 4420 S Olie Avenue
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
Patio and Porch features
Patio, Porch
Fireplace
1
Lot features
Interior Lot
Elementary school
Fillmore ES
Middle school
Santa Fe South MS
High school
Capitol Hill HS
Elementary school district
Oklahoma City
Middle school district
Oklahoma City
High school district
Oklahoma City
Directions
East of SW 44th & Wester
Standard status
Active
APN
4420SOlie73109
Size
1,279 SF
Lot size
0.10 Acres
Taxes and HOA fees
HOA Fee
$600 Annually
Utilities
Heating system
Natural Gas
Cooling system
Electric
Amenities
fireplace
covered patio
stone walking path
flower beds
side fence
Building Details
Year built
1985
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Weichert Realtors Centennial
(405) 360-0303
Listed By:
Heddy Zhu · License #207930
(405) 589-3820
Added: Mar 4
Changed: Sep 23
Last Checked: Oct 16 at 8:06PM
MLS# 1215082
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.
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Investment Insights
Based on property information with market context.
This brick-and-frame half-duplex, built in 1985, provides 1,279 square feet with two bedrooms, two bathrooms, and an oversized one-car garage. Interior features include a spacious living room with a brick gas-log fireplace, natural gas heating, electric cooling, and a kitchen remodeled in 2023. The primary suite opens to a covered patio, while the backyard includes a stone walkway, flower beds, and a new side fence. The composition roof was replaced in 2020.
The property is located near Walmart, restaurants, and a hospital, providing access to shopping and medical services. A $50/month HOA fee covers lawn maintenance and common-area upkeep. The lot measures 0.1004 acres and the property includes both patio and porch features.
The property is located near Walmart, restaurants, and a hospital, providing access to shopping and medical services. A $50/month HOA fee covers lawn maintenance and common-area upkeep. The lot measures 0.1004 acres and the property includes both patio and porch features.
Key Highlights
- 2 bedrooms and 2 bathrooms in 1,279 square feet
- Oversized one‑car garage
- Brick‑and‑frame construction built in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,676
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,520
$233.5K
Cap Rate 7%
$166,800
$166.8K
Cap Rate 9%
$129,733
$129.7K
Market Conditions
NOI Build-Up for 1,279 SF
Gross rent
$17.7K $13.80/SF
− Vacancy
−$971 −$0.76/SF
EGI
$16.7K $13.04/SF
− OpEx
−$5.0K −$3.91/SF
NOI
$11.7K $9.13/SF
Area
Oklahoma City, OK
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,520
Cap Rate 7%
$166,800
Cap Rate 9%
$129,733
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 authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
904
Businesses Nearby
Explore this area
Business Placement
Demographics for 73109, OK
20,148
Population
8,344
Households
2.4
Avg Household Size
33
Median Age
7%
College-Educated
65%
High-School Grad
5.4 sq mi
ZIP Area
3,731
Density / Sq Mi
$40,944
Median Household Income
$28,370
Median Earnings
$851
Median Rent
$89,300
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
Frequently Asked Questions
What type of property is this?
Duplex - Updated two-bedroom home with a gas-log fireplace, covered patio, and landscaped backyard with privacy fencing.
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: 2 bedrooms and 2 bathrooms in 1,279 square feet; Oversized one‑car garage; Brick‑and‑frame construction built in 1985
