Duplex Near INTEGRIS Southwest Medical
For Sale
$159,900
5533 S Walker Ave, Oklahoma City, OK 73109
Two-unit residential property positioned near I-240, medical services, shopping, and Scissortail Park.
Property Size1,316 SF
Price / SF$121.50
Days on Market81
Property Features for 5533 S Walker Ave
General Information
Standard status
Active
Size
1,316 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1946
Listing Agency:
LRE Realty LLC
Listed By:
Tara Levinson · License #145328
(405) 414-8750
Source:
Bktoklahomacity
Added: Jul 25
Changed: Oct 8
Last Checked: Oct 12 at 11:25PM
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 LRE Realty LLC
Investment Insights
Based on property information with market context.
This duplex contains two residential units within a 1,316-square-foot property built in 1946. The layout spans both units and provides a straightforward configuration for residential occupancy.
The property is located at 5533 S Walker Ave in Oklahoma City, near I-240 and INTEGRIS Southwest Medical Center. Scissortail Park and major shopping areas are also within the surrounding area, adding access to established city amenities.
The property is located at 5533 S Walker Ave in Oklahoma City, near I-240 and INTEGRIS Southwest Medical Center. Scissortail Park and major shopping areas are also within the surrounding area, adding access to established city amenities.
Key Highlights
- Two‑unit duplex at 5533 S Walker Ave, Oklahoma City, OK 73109
- 1,316‑square‑foot property
- Built in 1946
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,013
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,260
$240.3K
Cap Rate 7%
$171,614
$171.6K
Cap Rate 9%
$133,478
$133.5K
Market Conditions
NOI Build-Up for 1,316 SF
Gross rent
$18.2K $13.80/SF
− Vacancy
−$999 −$0.76/SF
EGI
$17.2K $13.04/SF
− OpEx
−$5.1K −$3.91/SF
NOI
$12.0K $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%
$240,260
Cap Rate 7%
$171,614
Cap Rate 9%
$133,478
Alternative Uses
Best Use
Multifamily LT 5
$171.6K
$150.2K – $200.2K
NOI $12,013 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$158.8K
$139.0K – $185.3K
NOI $11,116 @ 7.0% cap · market cap 6.95%
Theoretical Best
Specialty Retail
$450.1K
$393.8K – $525.1K
NOI $31,505 @ 7.0% cap · market cap 19.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 73109, OK
20,148
Population
8,344
Households
2.4
Avg Household Size
33
Median Age
7%
College-Educated
65%
High-School Grad
5.4 sq mi
ZIP Area
3,731
Density / Sq Mi
$40,944
Median Household Income
$28,370
Median Earnings
$851
Median Rent
$89,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property positioned near I-240, medical services, shopping, and Scissortail Park.
Where is this duplex located?
The property is located at 5533 S Walker Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two‑unit duplex at 5533 S Walker Ave, Oklahoma City, OK 73109; 1,316‑square‑foot property; Built in 1946
