Four-Unit Multifamily
New
For Sale
$570,000
4701 NW 63rd Street, Oklahoma City, OK 73132
The property includes electric and natural gas service in Oklahoma City.
Property Size4,752 SF
Price / SF$119.95
Days on Market2
Property Features for 4701 NW 63rd Street
General Information
Standard status
Active
Size
4,752 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Amenities
Electric
Natural Gas
Other
Building Details
Year Built
1970
Listed By:
Christi Hinkle
(405) 250-9969
Source:
Evrealestate
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:17AM
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 Christi Hinkle
Investment Insights
Based on property information with market context.
This four-unit multifamily property contains 4,752 square feet and was built in 1970. Electric and natural gas service are present.
The property is at 4701 NW 63rd Street in Oklahoma City, Oklahoma. It is on the north side of 63rd Street west of Meridian Avenue.
The property is at 4701 NW 63rd Street in Oklahoma City, Oklahoma. It is on the north side of 63rd Street west of Meridian Avenue.
Key Highlights
- Four‑unit multifamily property
- 4,752 square feet
- Built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,380
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$867,600
$867.6K
Cap Rate 7%
$619,714
$619.7K
Cap Rate 9%
$482,000
$482.0K
Market Conditions
NOI Build-Up for 4,752 SF
Gross rent
$65.6K $13.80/SF
− Vacancy
−$3.6K −$0.76/SF
EGI
$62.0K $13.04/SF
− OpEx
−$18.6K −$3.91/SF
NOI
$43.4K $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%
$867,600
Cap Rate 7%
$619,714
Cap Rate 9%
$482,000
Alternative Uses
Best Use
Multifamily LT 5
$619.7K
$542.3K – $723.0K
NOI $43,380 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$573.4K
$501.7K – $669.0K
NOI $40,139 @ 7.0% cap · market cap 7.04%
Theoretical Best
Specialty Retail
$1.63M
$1.42M – $1.90M
NOI $113,763 @ 7.0% cap · market cap 19.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
Explore this area
Business Placement
Demographics for 73132, OK
28,394
Population
12,592
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,736
Density / Sq Mi
$58,750
Median Household Income
$37,243
Median Earnings
$1,058
Median Rent
$200,500
Median Home Value
Check the figures for this property
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?
Quadplex - The property includes electric and natural gas service in Oklahoma City.
Where is this quadplex located?
The property is located at 4701 NW 63rd Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Four‑unit multifamily property; 4,752 square feet; Built in 1970
