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Three-Bedroom Residential 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 Market82

Property Features for 619 Peppertree Lane

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 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), Central
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 19 Last Checked: Oct 22 at 4:06PM
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.

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Investment Insights

Based on property information with market context.

This 1,110-square-foot half-duplex residence was built in 1984 and contains three bedrooms. The property has a composition roof, brick-and-frame construction, and a 0.0803-acre lot. Improvements include a new roof and fence, fresh interior and exterior paint, an updated kitchen and flooring, and a dishwasher and stovetop oven. A double garage with a lift, porch, patio, and fireplace round out the property’s features. The home is offered in as-is condition.

Midwest City location provides nearby access to Tinker Air Force Base, Rose State College, Warren movie theatre, a hospital, shopping, and dining. I-240 and I-40 are also nearby.

Key Highlights

  • 1,110‑square‑foot half duplex with three bedrooms
  • 0.0803‑acre lot; built in 1984
  • New roof and fence, with fresh paint inside and out

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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

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
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Frequently Asked Questions

What type of property is this?
Residential income property - A half-duplex residence includes an updated kitchen, refreshed flooring, and a double garage with a lift.
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‑square‑foot half duplex with three bedrooms; 0.0803‑acre lot; built in 1984; New roof and fence, with fresh paint inside and out
More about this property
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