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Updated Half-Duplex Income Property
For Sale
$141,000

619 Peppertree Lane, Midwest City, OK 73110

Residential, Midwest City, OK

Property Size1,110 SF
Lot Size0.08 Acres
Price / SF$127.03
Days on Market67

Property Features for 619 Peppertree Lane

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3
Patio and Porch features Porch, Patio
Fireplace 1
Lot features Campus Area, Interior Lot
Elementary school Midwest City ES
Middle school Midwest City MS
High school Midwest City HS
Elementary school district Midwest City/Del City
Middle school district Midwest City/Del City
High school district Midwest City/Del City
Directions Adair Blvd to Peppertree Lane.
Standard status Active
APN 619NONEPeppertree73110
Size 1,110 SF
Lot size 0.08 Acres

Utilities

Heating system Electric (Heating)
Cooling system Gas (Cooling)

Building Details

Year built 1984
Building materials Brick & Frame
Roof type Composition
Listing Agency: Metro Group Brokers
Listed By: Barbara Parker
Added: Aug 2 Changed: Oct 1 Last Checked: Oct 7 at 11:06AM
MLS# 1242194

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.

Investment Insights

Based on property information with market context.

This 1,110-square-foot half-duplex residence was built in 1984 and occupies a 0.0803-acre lot. The property includes three bedrooms, two bathrooms, a fireplace, patio, porch, and a double-car garage equipped with a lift. Brick-and-frame construction is paired with a composition roof, electric heating, and gas cooling.

Recent improvements include a roof replacement, new fencing, fresh interior paint, updated flooring, and kitchen updates with a dishwasher and stovetop oven. The home is located in Midwest City near Tinker Air Force Base, Rose State College, Warren movie theatre, a hospital, shopping, dining, I-240, and I-40.

Key Highlights

  • 1,110 SF half‑duplex residence on a 0.0803‑acre lot
  • Three‑bedroom, two‑bathroom layout with fireplace
  • Double‑car garage with lift

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,063
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$141,260 $141.3K
Cap Rate 7%
$100,900 $100.9K
Cap Rate 9%
$78,478 $78.5K
Market Conditions
NOI Build-Up for 1,110 SF
Gross rent
$14.3K $12.84/SF
− Vacancy
−$1.4K −$1.27/SF
EGI
$12.8K $11.57/SF
− OpEx
−$5.8K −$5.21/SF
NOI
$7.1K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$141,260
Cap Rate 7%
$100,900
Cap Rate 9%
$78,478

Alternative Uses

Best Use
Apartment 5plus
$100.9K
$88.3K – $117.7K (±1% cap)
NOI $7,063 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$231.2K
$202.3K – $269.7K (±1% cap)
NOI $16,183 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Carpet & Flooring Store Grocery & Convenience Store Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

668
Businesses Nearby

Demographics for 73110, OK

33,156
Population
15,826
Households
2.1
Avg Household Size
35
Median Age
20%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,436
Median Household Income
$35,043
Median Earnings
$1,007
Median Rent
$119,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Residential income property - Brick-and-frame residence with refreshed interiors, a two-car garage, and convenient access to area employment, education, healthcare, and retail.
Where is this residential income property located?
The property is located at 619 Peppertree Lane Midwest City, OK.
What is the asking price?
The asking price for this property is $141,000.
What are key features of this property?
This property features: 1,110 SF half‑duplex residence on a 0.0803‑acre lot; Three‑bedroom, two‑bathroom layout with fireplace; Double‑car garage with lift
More about this property
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