Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Income Property in Wilson Title is generated by Realmo AI

    56 15th, Wilson, OK 73463

    View on Map
    Claim this Listing
    For Sale
    $245,000

    DUPLEX - Wilson, OK

    Property size:
    3,520 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $69/SF
    Added:
    Feb 28, 2026
    Days on Market:
    76
    Last Refresh:
    May 15 at 5:06 am

    Property Features for 56 15th

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3
    Window features
    Aluminum Frames, Vinyl Frames
    Patio and Porch features
    Patio, Porch, Deck
    Exterior features
    Gutters
    Appliances
    Dishwasher
    Standard status
    Active
    APN
    4100-00-015-001-0-001-00
    Size
    3,520 SF
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    4100-00-015-001-0-001-00 - HAMONS, BLK 15 LOT 1-4 (25X160) EA.
    Tax Annual Amount
    2000

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Floors in Building
    1
    Flooring type
    Carpet, Laminate, Vinyl
    Building materials
    Wood Frame
    Roof type
    Metal

    We can help!

    Listing Contact
    Candace Storms
    Candace Storms

    Listing agent Candace Storms License #159480

    Listing office White Buffalo Realty, Inc. 1310 W Broadway, Ardmore, OK

    Listing date Feb 28, 2026

    MLS# 2606914 Listing URL

    Copyright © 2026 MLS Technology, 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

    • Turnkey income property with duplex and shop apartment.
    • Currently occupied by reliable, long‑term tenants.
    • Consistent monthly income with minimal management needed.
    • Peaceful rural atmosphere with open pasture views.
    • Each unit is in good condition and well cared for.
    • Metal roof.

    Overview

    This is a well-maintained income property featuring a clean duplex and a separate shop apartment. All units are currently occupied by reliable, long-term tenants, providing consistent monthly income with minimal management needed. The property is located on the outskirts of Wilson, Oklahoma, offering a peaceful rural atmosphere with open pasture views behind the property. Each unit is in good condition and well cared for, reflecting pride of tenancy. The property, situated on a 0.37-acre lot, totals 3,520 square feet. This cash-flowing property presents an excellent opportunity for investors seeking a low-risk, income-producing asset in a quiet location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store Skin Care Clinic Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilson
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.416087
    Latitude
    34.163717

    Nearby Similar for Sale

    • $395,000
      2,159 SF

      Established Wilson Commercial Property For Sale

      Successful family-owned convenience store with gas station and cafe potential.
      588 Us Highway 70A, Wilson, OK 73463
      View Details
    • $159,000
      2,808 SF

      Turn-Key Restaurant Facility For Sale

      Fully equipped restaurant with immediate operational capability in Wilson, OK.
      430 Us Highway 70A, Wilson, OK 73463
      View Details
    • $399,900
      2,220 SF

      Wilson, OK Land with Shop

      17.18 acres with shop building near Ardmore and I-35.
      4509 Midway, Wilson, OK 73463
      View Details
    • $2,375,000
      5,000 SF

      Wilson, OK Multi-Use Land

      230 acres with buildings, ideal for various operations.
      158 State HWY 76, Wilson, OK 73463
      View Details
    • $910,000
      2,400 SF

      116 Acres in Wilson, Oklahoma

      Open land with rolling hills, barn, shop, and pens.
      1535 Dillard, Wilson, OK 73463
      View Details
    • $159,000
      2,808 SF

      Turn-Key Restaurant Facility Available

      Fully equipped restaurant ready for immediate operation or conversion.
      430 Us Highway 70A, Wilson, OK 73463
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex and shop apartment with stable, long-term tenants.
    Where is this duplex located?
    The property is located at 56 15th Wilson, OK.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Turnkey income property with duplex and shop apartment.; Currently occupied by reliable, long‑term tenants.; Consistent monthly income with minimal management needed.
    (580) 678-2365
    We can help!
    Listing Contact
    Candace Storms
    Candace Storms
    Real Estate License ID: 159480
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    56 15th, Wilson, OK 73463
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!