Duplex with Flexible Living
New
For Sale
$200,000
613 E Xyler St, Tulsa, OK 74106
Two leased units include appliance packages and off-street parking, with tenants responsible for utilities.
Property Size1,392 SF
Lot Size0.20 Acres
Price / SF$143.68
Days on Market4
Property Features for 613 E Xyler St
General Information
Standard status
Active
Size
1,392 SF
Lot size
0.20 Acres
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Area Councils for Community Action
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$20,700
Building Details
Year Built
1930
Buildings
1
Tenancy
Multi
Listing Agency:
The Shockley Group
(918) 212-6122
Listed By:
Century 21 Wright Real Estate
(918) 456-5288
Source:
Century21wright
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 23 at 6:24AM
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 The Shockley Group
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Investment Insights
Based on property information with market context.
Built in 1930, this 1,392-square-foot duplex contains two matching units, each with one bedroom, one bathroom, and a 9-by-9-foot flex room. Interior features include granite countertops, vinyl windows, and central heating and air conditioning. Each residence is equipped with a refrigerator, range, dishwasher, microwave, and washer and dryer. Both units are leased, and tenants pay their own utilities.
The property occupies a 0.20-acre lot with a concrete driveway and off-street parking. It is located just north of downtown Tulsa, with Crawford Park also noted nearby.
The property occupies a 0.20-acre lot with a concrete driveway and off-street parking. It is located just north of downtown Tulsa, with Crawford Park also noted nearby.
Key Highlights
- Two units, each with one bedroom, one bathroom, and a 9‑by‑9‑foot flex room
- 1,392 square feet on a 0.20‑acre lot
- 1930 construction with granite countertops, vinyl windows, and central heating and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,560
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,200
$271.2K
Cap Rate 7%
$193,714
$193.7K
Cap Rate 9%
$150,667
$150.7K
Market Conditions
NOI Build-Up for 1,392 SF
Gross rent
$21.4K $15.36/SF
− Vacancy
−$2.0K −$1.44/SF
EGI
$19.4K $13.92/SF
− OpEx
−$5.8K −$4.17/SF
NOI
$13.6K $9.74/SF
Area
Tulsa, OK
Vacancy
9.40%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,200
Cap Rate 7%
$193,714
Cap Rate 9%
$150,667
Alternative Uses
Best Use
Multifamily LT 5
$193.7K
$169.5K – $226.0K
NOI $13,560 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$177.4K
$155.2K – $207.0K
NOI $12,417 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$296.9K
$259.8K – $346.4K
NOI $20,782 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
Explore this area
Business Placement
Demographics for 74106, OK
16,805
Population
8,341
Households
2
Avg Household Size
35
Median Age
17%
College-Educated
83%
High-School Grad
7.6 sq mi
ZIP Area
2,211
Density / Sq Mi
$37,714
Median Household Income
$31,022
Median Earnings
$816
Median Rent
$98,900
Median Home Value
Check the figures for this property
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 leased units include appliance packages and off-street parking, with tenants responsible for utilities.
Where is this duplex located?
The property is located at 613 E Xyler St Tulsa, OK.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two units, each with one bedroom, one bathroom, and a 9‑by‑9‑foot flex room; 1,392 square feet on a 0.20‑acre lot; 1930 construction with granite countertops, vinyl windows, and central heating and air conditioning
