Two-Unit Duplex with
For Sale
$125,000
520 N Pennsylvania Avenue, Drumright, OK 74030
Residential, Drumright, OK
Property Size1,392 SF
Lot Size0.08 Acres
Price / SF$89.80
Days on Market92
Property Features for 520 N Pennsylvania Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2
Patio and Porch features
Patio
Appliances
Microwave, Range/Oven, Refrigerator
Subdivision
Drumright II
Lot features
Additional Land Available
Elementary school
Drumright
High school
Drumright
Elementary school district
Drumright - Sch Dist (45)
Middle school district
Drumright - Sch Dist (45)
High school district
Drumright - Sch Dist (45)
Directions
SH-33 into Drumright North on Pennsylvania Ave Duplex is on the right
Standard status
Active
APN
9071-00-007-000-0-050-00
Size
1,392 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
DRUMRIGHT 2ND S 1/2 LOT 6 BLOCK 7
Tax Annual Amount
1031
Legal Description
DRUMRIGHT 2ND S 1/2 LOT 6 BLOCK 7
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1946
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Wood Frame
Roof type
Fiberglass
Listing Agency:
eXp Realty, LLC
(405) 404-1924
Listed By:
Angela Brock · License #175671
(918) 978-5478
Added: Jul 8
Changed: Sep 13
Last Checked: Oct 7 at 7:06PM
MLS# 2622542
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This wood-frame duplex provides 1,392 square feet on a 0.08-acre lot, with two separate residences under one roof. Each unit includes one bedroom, an additional bedroom or flex room without a closet, a full bathroom, and connections for a full-size stackable washer and dryer. Microwaves, ranges/ovens, and refrigerators remain with the property. Interior finishes include tile and carpet, while central heating, central air, and a patio add to the existing improvements. The fiberglass roof was installed in 2021, and the building dates to 1946.
The property is located at 520 N Pennsylvania Avenue in Drumright, Oklahoma, within ZIP Code 74030. One side is occupied by a long-term tenant on a month-to-month lease, while the other side was vacant at the time of listing.
The property is located at 520 N Pennsylvania Avenue in Drumright, Oklahoma, within ZIP Code 74030. One side is occupied by a long-term tenant on a month-to-month lease, while the other side was vacant at the time of listing.
Key Highlights
- Two‑unit duplex containing 1,392 square feet on a 0.08‑acre lot
- Each unit has one bedroom, a second flex room, a full bathroom, and laundry connections
- One side occupied on a month‑to‑month lease; the other side vacant at listing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,820
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,400
$216.4K
Cap Rate 7%
$154,571
$154.6K
Cap Rate 9%
$120,222
$120.2K
Market Conditions
NOI Build-Up for 1,392 SF
Gross rent
$17.2K $12.36/SF
− Vacancy
−$1.7K −$1.26/SF
EGI
$15.5K $11.10/SF
− OpEx
−$4.6K −$3.33/SF
NOI
$10.8K $7.77/SF
Area
Creek County, OK
Vacancy
10.16%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,400
Cap Rate 7%
$154,571
Cap Rate 9%
$120,222
Alternative Uses
Best Use
Multifamily LT 5
$154.6K
$135.3K – $180.3K
NOI $10,820 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$141.8K
$124.1K – $165.5K
NOI $9,927 @ 7.0% cap · market cap 7.94%
Theoretical Best
Office A
$342.3K
$299.5K – $399.4K
NOI $23,962 @ 7.0% cap · market cap 19.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
Explore this area
Business Placement
Demographics for 74030, OK
3,529
Population
1,675
Households
2.1
Avg Household Size
41
Median Age
12%
College-Educated
89%
High-School Grad
69.4 sq mi
ZIP Area
51
Density / Sq Mi
$42,208
Median Household Income
$37,839
Median Earnings
$523
Median Rent
$90,100
Median Home Value
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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?
Duplex - Both residences include laundry connections, central systems, and the existing kitchen appliances.
Where is this duplex located?
The property is located at 520 N Pennsylvania Avenue Drumright, OK.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑unit duplex containing 1,392 square feet on a 0.08‑acre lot; Each unit has one bedroom, a second flex room, a full bathroom, and laundry connections; One side occupied on a month‑to‑month lease; the other side vacant at listing
