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    520 N Pennsylvania Avenue, Drumright, OK 74030

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    For Sale
    $125,000

    DUPLEX - Drumright, OK

    Property size:
    1,392 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $89/SF
    Added:
    Jul 8, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 9 at 4:06 am

    Property Features for 520 N Pennsylvania Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2
    Patio and Porch features
    Patio
    Appliances
    Microwave, Range/Oven, Refrigerator
    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

    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

    We can help!

    Contact an agent
    Angela Brock

    Listing agent Angela Brock License #149642

    Listing office eXp Realty, LLC 3209 S Broadway STE 231, Oklahoma City, OK

    Listing date Jul 8, 2026

    MLS# 2622542 Listing URL

    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.

    HighLights

    • Income‑producing duplex in Drumright with two rental sides—one currently month‑to‑month and the other vacant at listing
    • Each unit previously rented for $700/month and features 1 bedroom plus an additional bedroom/flex room (without a closet)
    • Each side includes 1 full bathroom and space with connections for a full‑size stackable washer and dryer
    • All appliances remain, including microwave, range/oven, and refrigerator
    • Roof installed in 2021; central heating and central air for the duplex
    • Wood frame construction with tile and carpet flooring, plus a patio

    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 $17.2k $12.36
    − Vacancy −$1.7k −$1.26
    EGI $15.5k $11.10
    − OpEx −$4.6k −$3.33
    NOI $10.8k $7.77
    1,392 SF · lease $12.36/SF/yr · vacancy 10.16% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $154.6K
    $135.3K – $180.3K (±1% cap)
    NOI $10,820 @ 7.0% cap · market cap 8.66%
    Second Best
    Apartment 5plus
    $141.8K
    $124.1K – $165.5K (±1% cap)
    NOI $9,927 @ 7.0% cap · market cap 7.94%
    Theoretical Best
    Office A
    $342.3K
    $299.5K – $399.4K (±1% cap)
    NOI $23,962 @ 7.0% cap · market cap 19.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Bakery Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Drumright
    County
    Creek
    State
    Oklahoma
    Longitude
    -96.601504
    Latitude
    35.992792

    FAQs

    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: Income‑producing duplex in Drumright with two rental sides—one currently month‑to‑month and the other vacant at listing; Each unit previously rented for $700/month and features 1 bedroom plus an additional bedroom/flex room (without a closet); Each side includes 1 full bathroom and space with connections for a full‑size stackable washer and dryer
    More about this property
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