Updated Duplex with Vacant
For Sale
$320,000
524 Westwood Court Unit 526, Oklahoma City, OK 73127
Two matching residences provide refreshed interiors and flexible occupancy options.
Property Size3,074 SF
Days on Market43
Property Features for 524 Westwood Court Unit 526
General Information
Standard status
Active
Size
3,074 SF
Total Parking Spaces
4
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$2,477
Building Details
Building Size
3,074 SF
Year Built
1978
Buildings
1
Listing Agency:
OK Flat Fee Realty
Listed By:
Chance Daggs · License #177744
(405) 759-8448
Source:
Stetsonbentley
Added: Sep 5
Changed: Oct 15
Last Checked: Oct 16 at 3:52PM
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 OK Flat Fee Realty
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Investment Insights
Based on property information with market context.
Built in 1978, this duplex contains two matching residences, both recently updated and currently vacant. Each unit includes three bedrooms, 2.5 bathrooms, and a two-car garage, along with luxury vinyl plank flooring, refreshed kitchens and bathrooms, contemporary finishes, abundant natural light, and practical floor plans.
The property sits on a quiet cul-de-sac in an established Oklahoma City neighborhood with access to shopping, dining, schools, and major highways. With both sides available, an owner can establish separate tenancies, occupy one residence while leasing the other, or use the duplex as a flexible two-unit holding.
The property sits on a quiet cul-de-sac in an established Oklahoma City neighborhood with access to shopping, dining, schools, and major highways. With both sides available, an owner can establish separate tenancies, occupy one residence while leasing the other, or use the duplex as a flexible two-unit holding.
Key Highlights
- Two‑unit duplex with both residences vacant
- Each unit offers 3 bedrooms, 2.5 bathrooms, and a 2‑car garage
- Recently updated kitchens, bathrooms, flooring, and finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,062
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,240
$561.2K
Cap Rate 7%
$400,886
$400.9K
Cap Rate 9%
$311,800
$311.8K
Market Conditions
NOI Build-Up for 3,074 SF
Gross rent
$42.4K $13.80/SF
− Vacancy
−$2.3K −$0.76/SF
EGI
$40.1K $13.04/SF
− OpEx
−$12.0K −$3.91/SF
NOI
$28.1K $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%
$561,240
Cap Rate 7%
$400,886
Cap Rate 9%
$311,800
Alternative Uses
Best Use
Multifamily LT 5
$400.9K
$350.8K – $467.7K
NOI $28,062 @ 7.0% cap · market cap 8.77%
Second Best
Apartment 5plus
$370.9K
$324.6K – $432.8K
NOI $25,965 @ 7.0% cap · market cap 8.11%
Theoretical Best
Specialty Retail
$1.05M
$919.9K – $1.23M
NOI $73,592 @ 7.0% cap · market cap 23.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
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Business Placement
Demographics for 73127, OK
27,007
Population
11,329
Households
2.4
Avg Household Size
32
Median Age
16%
College-Educated
76%
High-School Grad
11.3 sq mi
ZIP Area
2,390
Density / Sq Mi
$46,020
Median Household Income
$28,766
Median Earnings
$926
Median Rent
$139,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences provide refreshed interiors and flexible occupancy options.
Where is this duplex located?
The property is located at 524 Westwood Court Unit 526 Oklahoma City, OK.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑unit duplex with both residences vacant; Each unit offers 3 bedrooms, 2.5 bathrooms, and a 2‑car garage; Recently updated kitchens, bathrooms, flooring, and finishes
