5512 Shiloh Drive, Oklahoma City, OK 73179
MULTI_FAMILY - Oklahoma City, OK
- Added:
- Feb 10, 2026
- Days on Market:
- 148
- Last Refresh:
- Jul 8 at 5:06 pm
Property Features for 5512 Shiloh Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 5512NONEShiloh73179
- Size
- 2,210 SF
- Lot size
- 0.17 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2018
- Building materials
- Brick & Frame, Masonry Vaneer
Listing agent Steve Wittrock (405) 641-4930
Listing office Metro First Realty 3232 W Britton Rd, Oklahoma City, OK (405) 242-4004
Listing date Feb 10, 2026
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
- Investor package of 2 newer homes sold together for a total package price of $671K
- Combined annual rent of $59,400, with leases in place through May 2027
- MLS #1213670: 5512 Shiloh Dr, 2018 build, 4BD/2BA, approx. 2,200 SF, 3‑car garage, Mustang Schools
- MLS #1213664: 1313 N Beale Ter, 2019 build, 4BD/2BA, approx. 1,800 SF, 3‑car garage, Mustang Schools
- Both homes have natural gas heating and central air (plus electric cooling listed)
Overview
The package is located in the Mustang Schools area, and both homes are part of the same investor offering rather than being sold individually. The current combined lease information provided shows total annual rent of $59,400, with rentals leased through May 2027.
For investors or owner-operators looking for a low-management rental portfolio, this package combines two similar, newer construction homes with established tenant occupancy. The shared 4-bedroom/2-bath layout and each property’s 3-car garage can be appealing for tenant demand seeking more functional space and parking. Since the homes are being sold together and the leases are in place through May 2027, the package supports a “buy-and-hold” approach based on the documented current income stream.
Local Financial Insights For Apartment 5plus
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 | $35.8k | $16.20 |
| − Vacancy | −$1.9k | −$0.84 |
| EGI | $33.9k | $15.36 |
| − OpEx | −$15.3k | −$6.91 |
| NOI | $18.7k | $8.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.662989
- Latitude
- 35.410413
