Updated Duplex with Mirror
For Sale
$384,000
6101 NW Gaelic Glen Dr, Oklahoma City, OK 73142
Two refreshed residences offer separate living spaces in the Putnam City School District.
Property Size2,918 SF
Price / SF$131.60
Days on Market90
Property Features for 6101 NW Gaelic Glen Dr
General Information
Standard status
Active
Size
2,918 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Building Details
Year Built
1983
Buildings
1
Listing Agency:
Burchfield Realty
Listed By:
Dusty Burchfield · License #156006
Source:
Kathleenforrest
Added: Jul 20
Changed: Oct 6
Last Checked: Oct 7 at 5:30PM
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 Burchfield Realty
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Investment Insights
Based on property information with market context.
This duplex contains two matching residences, each arranged with 3 bedrooms and 2.5 bathrooms. Built in 1983, the property has refreshed interiors, with substantial improvement work already completed. Exterior paint is scheduled to be completed at the owner's expense, and the owner will provide a new roof or credit before closing.
A new fence has been installed on the 6103 side. The property backs to a city-maintained green belt and is located within the Putnam City School District. Its two-unit configuration provides separate residences within one investment property, with the option to occupy one unit while the other contributes toward housing costs.
A new fence has been installed on the 6103 side. The property backs to a city-maintained green belt and is located within the Putnam City School District. Its two-unit configuration provides separate residences within one investment property, with the option to occupy one unit while the other contributes toward housing costs.
Key Highlights
- Two‑unit duplex with matching floor plans
- Each unit includes 3 bedrooms and 2.5 bathrooms
- 2,918 SF property built in 1983
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,638
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,760
$532.8K
Cap Rate 7%
$380,543
$380.5K
Cap Rate 9%
$295,978
$296.0K
Market Conditions
NOI Build-Up for 2,918 SF
Gross rent
$40.3K $13.80/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$38.1K $13.04/SF
− OpEx
−$11.4K −$3.91/SF
NOI
$26.6K $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%
$532,760
Cap Rate 7%
$380,543
Cap Rate 9%
$295,978
Alternative Uses
Best Use
Multifamily LT 5
$380.5K
$333.0K – $444.0K
NOI $26,638 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$352.1K
$308.1K – $410.8K
NOI $24,647 @ 7.0% cap · market cap 6.42%
Theoretical Best
Specialty Retail
$998.0K
$873.2K – $1.16M
NOI $69,857 @ 7.0% cap · market cap 18.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
Explore this area
Business Placement
Demographics for 73142, OK
16,461
Population
7,997
Households
2.1
Avg Household Size
37
Median Age
59%
College-Educated
97%
High-School Grad
7.8 sq mi
ZIP Area
2,110
Density / Sq Mi
$73,966
Median Household Income
$53,904
Median Earnings
$1,211
Median Rent
$344,600
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
Frequently Asked Questions
What type of property is this?
Duplex - Two refreshed residences offer separate living spaces in the Putnam City School District.
Where is this duplex located?
The property is located at 6101 NW Gaelic Glen Dr Oklahoma City, OK.
What is the asking price?
The asking price for this property is $384,000.
What are key features of this property?
This property features: Two‑unit duplex with matching floor plans; Each unit includes 3 bedrooms and 2.5 bathrooms; 2,918 SF property built in 1983
