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Duplex with Two-Car Garages
New
For Sale
$238,000

6413 NW 63rd Street, Oklahoma City, OK 73132

Both residences are leased, with one on a month-to-month agreement and the other on a one-year lease.

Property Size2,484 SF
Days on Market5

Property Features for 6413 NW 63rd Street

General Information

Standard status Active
Size 2,484 SF
Total Parking Spaces 4
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $3,191

Building Details

Building Size 2,484 SF
Year Built 1972
Buildings 1
Tenancy Multi
Listing Agency: Keller Williams Realty Elite
Listed By: Athen Andrade
Source: Stetsonbentley
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 8:46PM

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 Keller Williams Realty Elite

Investment Insights

Based on property information with market context.

This duplex contains 2,484 square feet across two residences. Each unit has two bedrooms, two bathrooms, and a two-car garage.

Both units are leased. One tenancy is month to month, while the other has a one-year lease.

Key Highlights

  • 2,484‑square‑foot duplex
  • Two units, each with 2 bedrooms and 2 bathrooms
  • Each residence has a 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,982
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,640 $419.6K
Cap Rate 7%
$299,743 $299.7K
Cap Rate 9%
$233,133 $233.1K
Market Conditions
NOI Build-Up for 2,484 SF
Gross rent
$40.2K $16.20/SF
− Vacancy
−$2.1K −$0.84/SF
EGI
$38.1K $15.36/SF
− OpEx
−$17.2K −$6.91/SF
NOI
$21.0K $8.45/SF
Area
Oklahoma City, OK
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,640
Cap Rate 7%
$299,743
Cap Rate 9%
$233,133

Alternative Uses

Best Use
Multifamily LT 5
$323.9K
$283.5K – $377.9K (±1% cap)
NOI $22,676 @ 7.0% cap · market cap 9.53%
Second Best
Apartment 5plus
$299.7K
$262.3K – $349.7K (±1% cap)
NOI $20,982 @ 7.0% cap · market cap 8.82%
Theoretical Best
Specialty Retail
$849.5K
$743.3K – $991.1K (±1% cap)
NOI $59,467 @ 7.0% cap · market cap 24.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Real Estate Agency Furniture & Home Goods Grocery & Convenience Store Auto Parts Store

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby

Demographics for 73132, OK

28,394
Population
12,592
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,736
Density / Sq Mi
$58,750
Median Household Income
$37,243
Median Earnings
$1,058
Median Rent
$200,500
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased, with one on a month-to-month agreement and the other on a one-year lease.
Where is this duplex located?
The property is located at 6413 NW 63rd Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $238,000.
What are key features of this property?
This property features: 2,484‑square‑foot duplex; Two units, each with 2 bedrooms and 2 bathrooms; Each residence has a 2‑car garage
More about this property
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