Two-Unit Duplex with
636 Earthside Drive A&B, Claremore, OK 74017
For Sale
$295,000
Each residence has three bedrooms, a fireplace, and a private one-car garage.
Property Size2,456 SF
Price / SF$120.11
Days on Market46
Property Features for 636 Earthside Drive A&B
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fireplace
Building Details
Building Size
Year Built
Listing Agency:
Group One Claremore Inc
Listed By:
Kenny Andrews · License OK #126934
(918) 629-1224
Source:
Renewrealtygroupok
Added: Sep 28
Changed: Nov 12
Last Checked: Nov 11 at 9:58AM
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 Group One Claremore Inc
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Investment Insights
Based on property information with market context.
Built in 1983, this 2,456-square-foot duplex contains two residences. Both units offer three bedrooms and one-and-a-half bathrooms, with a fireplace and a one-car garage in each. The third bedroom in each residence is upstairs.
Unit B has received new paint and carpet and includes new appliances. The property is on the west side of Claremore, Oklahoma.
Unit B has received new paint and carpet and includes new appliances. The property is on the west side of Claremore, Oklahoma.
Key Highlights
- 2,456‑square‑foot duplex built in 1983
- Two units, each with three bedrooms and one‑and‑a‑half bathrooms
- Each residence has a fireplace and one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,372
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,440
$327.4K
Cap Rate 7%
$233,886
$233.9K
Cap Rate 9%
$181,911
$181.9K
Market Conditions
NOI Build-Up for 2,456 SF
Gross rent
$33.6K $13.68/SF
− Vacancy
−$3.8K −$1.56/SF
EGI
$29.8K $12.12/SF
− OpEx
−$13.4K −$5.45/SF
NOI
$16.4K $6.67/SF
Area
Rogers County, OK
Vacancy
11.40%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,440
Cap Rate 7%
$233,886
Cap Rate 9%
$181,911
Alternative Uses
Best Use
Apartment 5plus
$233.9K
$204.7K – $272.9K
NOI $16,372 @ 7.0% cap · market cap 5.55%
Second Best
Multifamily LT 5
$197.1K
$172.5K – $230.0K
NOI $13,797 @ 7.0% cap · market cap 4.68%
Theoretical Best
Specialty Retail
$615.1K
$538.2K – $717.7K
NOI $43,059 @ 7.0% cap · market cap 14.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
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Business Placement
Demographics for 74017, OK
29,083
Population
12,038
Households
2.4
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
140.5 sq mi
ZIP Area
207
Density / Sq Mi
$65,519
Median Household Income
$38,165
Median Earnings
$1,015
Median Rent
$184,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, a fireplace, and a private one-car garage.
Where is this duplex located?
The property is located at 636 Earthside Drive A&B Claremore, OK.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2,456‑square‑foot duplex built in 1983; Two units, each with three bedrooms and one‑and‑a‑half bathrooms; Each residence has a fireplace and one‑car garage
