Duplex with Flexible Living
For Sale
$200,000
613 E Xyler Street, 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 Market14
Property Features for 613 E Xyler Street
General Information
Standard status
Active
Size
1,392 SF
Lot size
0.20 Acres
Property subtype
Duplex
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
Taxes and HOA fees
Annual Taxes
$626
Building Details
Building Size
1,392 SF
Year Built
1930
Buildings
1
Tenancy
Multi
Listing Agency:
MORE Agency
Listed By:
Austin Wojciechowski · License #184361
(918) 948-0950
Source:
Moreagency
Added: Oct 18
Changed: Oct 31
Last Checked: Oct 30 at 2:24PM
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 MORE Agency
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
View Realmo Analytics
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 Street 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
