508 N Davis Avenue, Oklahoma City, OK 73127
MULTI_FAMILY - Other - Oklahoma City, OK
- Added:
- Mar 30, 2026
- Days on Market:
- 79
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 508 N Davis Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 5
- Parking
- 2
- Appliances
- Dishwasher, Microwave, Refrigerator
- Standard status
- Active
- APN
- 508NDavis73127
- Size
- 2,993 SF
- Lot size
- 0.22 Acres
Building Details
- Year built
- 1978
- Floors in Building
- 2
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Marcela Guerrero Garcia (918) 955-8266
Listing office Copper Creek Real Estate 124 NW 12th St, Oklahoma City, OK (405) 888-9902
Listing date Mar 30, 2026
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.
HighLights
- Fully renovated, income‑producing duplex with both units sold together at 508 & 510 N Davis Avenue (tenant occupied)
- Each unit features 3 bedrooms, 2.5 bathrooms, and a 2‑car garage
- Extensive top‑to‑bottom permitted renovation to city code including new roof (2022)
- Renovations include new siding, windows, HVAC, electrical, plumbing, insulation, kitchens, bathrooms, and flooring
- Brick & frame construction with a composition roof
- Includes appliances: dishwasher, microwave, and refrigerator
Overview
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 | $41.3k | $13.80 |
| − Vacancy | −$2.3k | −$0.76 |
| EGI | $39.0k | $13.04 |
| − OpEx | −$11.7k | −$3.91 |
| NOI | $27.3k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.657425
- Latitude
- 35.473006
