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Updated 8-Bedroom Duplex
For Sale
$336,500

528 Westwood Court, Oklahoma City, OK 73127

Vacant, refreshed duplex with private fenced yards and flexible owner-occupant or rental use.

Property Size3,074 SF
Days on Market43

Property Features for 528 Westwood Court

General Information

Standard status Active
Size 3,074 SF
Property subtype Duplex

Units

Unit Mix 2 x 4BR/2.5BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $2,424

Amenities

private fenced backyard

Building Details

Building Size 3,074 SF
Year Built 1979
Buildings 1
Listing Agency: OK Flat Fee Realty
Listed By: Chance Daggs · License #177744
Source: Stetsonbentley
Added: Sep 5 Changed: Oct 3 Last Checked: Oct 16 at 5:38PM

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 1979, this fully vacant duplex has been recently updated and provides 8 bedrooms and 5 bathrooms across both units. Each side includes 4 bedrooms, 2.5 bathrooms, a generous living area, an updated kitchen and bathroom, contemporary flooring and fixtures, oversized bedrooms, and a private fenced backyard.

The property sits on a quiet cul-de-sac within an established neighborhood in Oklahoma City, with access to shopping, dining, schools, and major highways. Both units are currently vacant, allowing the next owner to select occupants and establish lease terms. The two-unit layout also supports living in one residence while leasing the other, leasing both units, or accommodating multigenerational household needs.

Key Highlights

  • Two‑unit duplex with 8 bedrooms and 5 bathrooms total
  • Each unit includes 4 bedrooms and 2.5 bathrooms
  • Recently updated kitchens, bathrooms, flooring, and fixtures

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,062
Cap Rate
8.34%
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 (±1% cap)
NOI $28,062 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$370.9K
$324.6K – $432.8K (±1% cap)
NOI $25,965 @ 7.0% cap · market cap 7.72%
Theoretical Best
Specialty Retail
$1.05M
$919.9K – $1.23M (±1% cap)
NOI $73,592 @ 7.0% cap · market cap 21.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Spa & Massage Center (Bike/Boat/Book/etc) Store Barber Shop Skin Care Clinic Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Vacant, refreshed duplex with private fenced yards and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 528 Westwood Court Oklahoma City, OK.
What is the asking price?
The asking price for this property is $336,500.
What are key features of this property?
This property features: Two‑unit duplex with 8 bedrooms and 5 bathrooms total; Each unit includes 4 bedrooms and 2.5 bathrooms; Recently updated kitchens, bathrooms, flooring, and fixtures
More about this property
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