Renovated Tudor
For Sale
$433,700
527 NW 22nd Street Oklahoma, Oklahoma City, OK 73103
Two independent residences feature private entry, updated interiors, fireplaces, full kitchens, and in-unit laundry.
Property Size2,058 SF
Days on Market261
Property Features for 527 NW 22nd Street Oklahoma
General Information
Standard status
Active
Size
2,058 SF
Property subtype
Duplex
Amenities
Fireplace
Electric
Central Elec
Dishwasher
Disposal
Microwave
Refrigerator
Washer/Dryer
Shingle
Building Details
Building Size
2,058 SF
Year Built
1929
Stories
1
Listing Agency:
Verbode
Listed By:
Miles Mixon · License #158393
(405) 210-7649
Source:
Kw
Added: Jan 30
Changed: Oct 16
Last Checked: Oct 16 at 7:01AM
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 Verbode
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Investment Insights
Based on property information with market context.
This 1929 Tudor duplex contains two self-contained one-bedroom, one-bath residences, each with its own entrance. Interior details include bright living rooms with fireplaces, tall ceilings, formal dining areas, breakfast spaces, and kitchens equipped with appliances. Bedrooms are positioned toward the rear of each unit, while washer and dryer hookups or equipment are provided within the residences.
Recent work includes updated plumbing and flooring, a new furnace, tankless water heaters, a replacement driveway, patio and fencing improvements, remodeled bathrooms, and new wood windows installed in 2022. The property also includes electric central HVAC, dishwashers, disposals, microwaves, refrigerators, and shingle roofing. Its location is 527 NW 22nd Street in Oklahoma City’s historic Mesta Park area.
Recent work includes updated plumbing and flooring, a new furnace, tankless water heaters, a replacement driveway, patio and fencing improvements, remodeled bathrooms, and new wood windows installed in 2022. The property also includes electric central HVAC, dishwashers, disposals, microwaves, refrigerators, and shingle roofing. Its location is 527 NW 22nd Street in Oklahoma City’s historic Mesta Park area.
Key Highlights
- Two 1bed/1bath units with separate private entrances
- 1929 Tudor duplex in historic Mesta Park
- Fireplaces and high ceilings in the living rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,787
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,740
$375.7K
Cap Rate 7%
$268,386
$268.4K
Cap Rate 9%
$208,744
$208.7K
Market Conditions
NOI Build-Up for 2,058 SF
Gross rent
$28.4K $13.80/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$26.8K $13.04/SF
− OpEx
−$8.1K −$3.91/SF
NOI
$18.8K $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%
$375,740
Cap Rate 7%
$268,386
Cap Rate 9%
$208,744
Alternative Uses
Best Use
Multifamily LT 5
$268.4K
$234.8K – $313.1K
NOI $18,787 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$248.3K
$217.3K – $289.7K
NOI $17,383 @ 7.0% cap · market cap 4.01%
Theoretical Best
Specialty Retail
$703.8K
$615.9K – $821.2K
NOI $49,269 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
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Business Placement
Demographics for 73103, OK
5,046
Population
3,489
Households
1.4
Avg Household Size
34
Median Age
61%
College-Educated
99%
High-School Grad
1.2 sq mi
ZIP Area
4,205
Density / Sq Mi
$56,934
Median Household Income
$50,055
Median Earnings
$954
Median Rent
$400,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences feature private entry, updated interiors, fireplaces, full kitchens, and in-unit laundry.
Where is this duplex located?
The property is located at 527 NW 22nd Street Oklahoma Oklahoma City, OK.
What is the asking price?
The asking price for this property is $433,700.
What are key features of this property?
This property features: Two 1bed/1bath units with separate private entrances; 1929 Tudor duplex in historic Mesta Park; Fireplaces and high ceilings in the living rooms
