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Brick Half-Duplex with Garage
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 Market232

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 1, Bathroom 2, Bedroom 2
Patio and Porch features Porch, Patio
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, Central
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
Listed By: Heddy Zhu
Added: Mar 4 Changed: Oct 22 Last Checked: Oct 22 at 6:06PM
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 offers 1,279 square feet with two bedrooms, two bathrooms, and an oversized one-car garage. A gas-log fireplace anchors the living room, while the primary suite opens to a covered patio. The kitchen was remodeled in 2023, and the roof was replaced in 2020. Built in 1985, the home has central natural-gas heating and electric cooling.

Outdoor details include a stone path, flower beds, and a recently added side fence. The association handles lawn maintenance and common-area upkeep.

Key Highlights

  • 1,279 square feet with 2 bedrooms and 2 bathrooms
  • Oversized one‑car garage
  • Gas‑log fireplace in the living room

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 (±1% cap)
NOI $11,676 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$154.3K
$135.0K – $180.1K (±1% cap)
NOI $10,803 @ 7.0% cap · market cap 6.97%
Theoretical Best
Specialty Retail
$437.4K
$382.7K – $510.3K (±1% cap)
NOI $30,619 @ 7.0% cap · market cap 19.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

904
Businesses Nearby

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
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 - A covered patio, gas-log fireplace, and updated kitchen add practical features to this two-bedroom home.
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: 1,279 square feet with 2 bedrooms and 2 bathrooms; Oversized one‑car garage; Gas‑log fireplace in the living room
More about this property
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