5309 N Shartel Avenue, Oklahoma City, OK 73118
MULTI_FAMILY - Other - Oklahoma City, OK
- Added:
- Oct 23, 2025
- Days on Market:
- 248
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 5309 N Shartel Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 4
- Parking
- 4
- Standard status
- Active
- APN
- 5309NShartel73118
- Size
- 3,427 SF
- Lot size
- 0.18 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1957
- Floors in Building
- 2
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Ken Hutmacher License #85494 (405) 204-9052
Listing office Turner Chewning and Associates 3650 5th Ave. #611, Oklahoma City, OK (619) 253-0995
Listing date Oct 23, 2025
Copyright © 2026 MLSOK, 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
- Two‑story duplex with two units, each offering 2 bedrooms and 2 bathrooms
- Each bedroom has its own en‑suite bathroom in both units
- Private 1‑car garage for each unit
- Brick & frame construction with natural gas heating
- Central air cooling plus electric cooling
- Composition roof; built in 1957
Overview
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 | $47.3k | $13.80 |
| − Vacancy | −$2.6k | −$0.76 |
| EGI | $44.7k | $13.04 |
| − OpEx | −$13.4k | −$3.91 |
| NOI | $31.3k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.526201
- Latitude
- 35.524196
