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    Modern Duplex in Cashion, OK Title is generated by Realmo AI

    610 N 5th Street, Cashion, OK 73016

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    For Sale
    $359,900

    MULTI_FAMILY - Other - Cashion, OK

    Property size:
    2,520 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $142/SF
    Added:
    May 26, 2026
    Days on Market:
    5
    Last Refresh:
    May 30 at 9:06 am

    Property Features for 610 N 5th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 3
    Appliances
    Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
    Standard status
    Active
    APN
    610N5th608-61073016
    Size
    2,520 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2020
    Floors in Building
    1
    Building materials
    Brick & Frame
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Joe Forrest

    Listing agent Joe Forrest License #143557

    Listing office RE/MAX First 6501 N Broadway Ext, Oklahoma City, OK

    Listing date May 26, 2026

    MLS# 1230602 Listing URL

    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

    • Built in 2020: Modern duplex in excellent condition, offering contemporary living.
    • Cashion School District location: Highly desirable area, ideal for families.
    • Income Potential: One side currently leased, providing immediate cash flow or potential for leasing both units.
    • Each Unit: 3 bedrooms, 2 full bathrooms, and 2‑car garage, offering ample space and convenience.
    • Key Features: Open‑concept living, granite counters, vinyl plank flooring, and a primary suite with a walk‑in closet.
    • Outdoor Living: Fully fenced backyard, covered front porch, and open patio for relaxation and entertainment.

    Overview

    This modern duplex, constructed in 2020, presents an opportunity for both owner-occupants and investors. Located in the Chisholm Trail Addition within the Cashion School District, each side of the duplex features 3 bedrooms, 2 full bathrooms, and a 2-car garage, encompassing 1,374 square feet. The property is situated on a 0.2571-acre lot. The combined property size is 2,520 square feet. Each unit offers an open-concept living, dining, and kitchen area with natural light. The kitchens are equipped with granite counters, subway tile backsplashes, a gas range, dishwasher, microwave, and pantry. Durable vinyl plank flooring and neutral gray paint are present throughout. The primary suite includes a walk-in closet, tiled tub/shower combo, and granite counter. The secondary bedrooms are generously sized with large closets. A laundry room with backyard access and full-size washer and dryer connections is included, along with blinds and garage door openers. The property features a fully fenced backyard, covered front porch, and open patio. Located two blocks from Cashion schools and across from Lions Park, the property is suited for families. One side is currently leased, providing immediate income, with the potential to lease both units for increased income in this growing area. The property is located at 610 N 5th Street, Cashion, OK 73016.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Gym & Fitness Center Department Store Accounting Firm Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cashion
    County
    Kingfisher
    State
    Oklahoma
    Longitude
    -97.680262
    Latitude
    35.80344

    FAQs

    What type of property is this?
    Duplex - 2020-built duplex in Cashion School District, ideal for investors.
    Where is this duplex located?
    The property is located at 610 N 5th Street Cashion, OK.
    What is the asking price?
    The asking price for this property is $359,900.
    What are key features of this property?
    This property features: Built in 2020: Modern duplex in excellent condition, offering contemporary living.; Cashion School District location: Highly desirable area, ideal for families.; Income Potential: One side currently leased, providing immediate cash flow or potential for leasing both units.
    (405) 850-8489
    We can help!
    Listing Contact
    Joe Forrest
    Real Estate License ID: 143557
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    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.

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