Remodeled Duplex with Eight
For Sale
$349,000
528 Westwood Court #530, Oklahoma City, OK 73127
Fully vacant duplex with updated interiors and private fenced backyards in an established neighborhood.
Property Size3,074 SF
Days on Market41
Property Features for 528 Westwood Court #530
General Information
Standard status
Active
Size
3,074 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,424
Building Details
Building Size
3,074 SF
Year Built
1979
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Atrium Realty, LLC
(405) 808-7030
Listed By:
Benjamin Tubbs
(405) 808-7030
Source:
Jarmanrealtyok
Added: Jun 26
Changed: Aug 3
Last Checked: Aug 5 at 1:10PM
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 Atrium Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1979, this duplex has been remodeled with refreshed kitchens, contemporary flooring, updated fixtures, spacious living areas, and oversized bedrooms. Each residence includes four bedrooms and two-and-a-half bathrooms, creating a substantial layout for occupants. Private fenced backyards serve both units, and the property is currently fully vacant for flexible occupancy or leasing plans.
The property sits on a quiet cul-de-sac within an established neighborhood. Shopping, dining, schools, and major highway access are located nearby, combining residential surroundings with convenient access to everyday services and regional routes.
The property sits on a quiet cul-de-sac within an established neighborhood. Shopping, dining, schools, and major highway access are located nearby, combining residential surroundings with convenient access to everyday services and regional routes.
Key Highlights
- Duplex with 8 bedrooms and 5 bathrooms total
- Each unit includes 4 bedrooms and 2.5 bathrooms
- Remodeled interiors with refreshed kitchens, flooring, and updated fixtures
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 | $42.4k | $13.80 |
| − Vacancy | −$2.3k | −$0.76 |
| EGI | $40.1k | $13.04 |
| − OpEx | −$12.0k | −$3.91 |
| NOI | $28.1k | $9.13 |
3,074 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$400.9K
$350.8K – $467.7K
NOI $28,062 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$370.9K
$324.6K – $432.8K
NOI $25,965 @ 7.0% cap · market cap 7.44%
Theoretical Best
Specialty Retail
$1.05M
$919.9K – $1.23M
NOI $73,592 @ 7.0% cap · market cap 21.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully vacant duplex with updated interiors and private fenced backyards in an established neighborhood.
Where is this duplex located?
The property is located at 528 Westwood Court #530 Oklahoma City, OK.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Duplex with 8 bedrooms and 5 bathrooms total; Each unit includes 4 bedrooms and 2.5 bathrooms; Remodeled interiors with refreshed kitchens, flooring, and updated fixtures
