New Duplexes on Moore
For Sale
Contact for pricing
615 W Moore Ave, Enid, OK 73701
Planned duplex development with the initial homes scheduled for rental readiness in 2026.
Property Size2,420 SF
Price / SF$169.42
Days on Market194
Property Features for 615 W Moore Ave
General Information
Standard status
Active
Size
2,420 SF
Property subtype
Multifamily
Building Details
Year Built
2026
Listing Agency:
Cummins-Setters Commercial Partners
Listed By:
Kip Cummins · License #OK176412
Source:
Crexi
Added: Apr 8
Changed: Oct 11
Last Checked: Oct 16 at 7:33AM
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 Cummins-Setters Commercial Partners
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering consists of newly constructed duplex residences totaling 2,420 square feet per property, with construction identified for 2026. The initial phase includes five duplexes scheduled for completion and rental readiness as of March 1, 2026.
The property is located at 615 W Moore Ave in Enid, Oklahoma, providing a defined residential address for the planned duplex development.
The property is located at 615 W Moore Ave in Enid, Oklahoma, providing a defined residential address for the planned duplex development.
Key Highlights
- Five duplexes scheduled for completion and rental readiness as of March 1, 2026
- 2,420 square feet per duplex
- Year built: 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,650
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,000
$253.0K
Cap Rate 7%
$180,714
$180.7K
Cap Rate 9%
$140,556
$140.6K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$19.5K $8.04/SF
− Vacancy
−$1.4K −$0.57/SF
EGI
$18.1K $7.47/SF
− OpEx
−$5.4K −$2.24/SF
NOI
$12.7K $5.23/SF
Area
Garfield County, OK
Vacancy
7.12%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,000
Cap Rate 7%
$180,714
Cap Rate 9%
$140,556
Alternative Uses
Best Use
Multifamily LT 5
$180.7K
$158.1K – $210.8K
NOI $12,650 @ 7.0% cap · market cap 3.09%
Second Best
Apartment 5plus
$166.7K
$145.9K – $194.5K
NOI $11,672 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$666.5K
$583.2K – $777.5K
NOI $46,652 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 73701, OK
24,744
Population
10,924
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
80%
High-School Grad
145.2 sq mi
ZIP Area
170
Density / Sq Mi
$51,497
Median Household Income
$31,495
Median Earnings
$788
Median Rent
$99,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Planned duplex development with the initial homes scheduled for rental readiness in 2026.
Where is this duplex located?
The property is located at 615 W Moore Ave Enid, OK.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Five duplexes scheduled for completion and rental readiness as of March 1, 2026; 2,420 square feet per duplex; Year built: 2026
