Duplex with Two-Car
New
For Sale
$418,000
6617 S 78th East Ave, Tulsa, OK 74133
Tenant-occupied duplex with two three-bedroom units, each with two-car garage and a flex room.
Property Size4,202 SF
Price / SF$99.48
Days on Market3
Property Features for 6617 S 78th East Ave
General Information
Standard status
Active
Size
4,202 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Building Details
Year Built
1982
Buildings
1
Tenancy
Multi
Listing Agency:
Erin Catron & Company, LLC
(918) 984-0994
Listed By:
Erin Catron
Source:
Accentrealtors
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 9:08AM
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 Erin Catron & Company, LLC
Investment Insights
Based on property information with market context.
This duplex includes both 6617 and 6619 S 78th East Ave, totaling 4,202 sq ft (CH). The property features two spacious units, each offering three bedrooms, two full baths, and a versatile flex room. Each side also includes a two-car garage.
The home was built in 1982 and is described as well-maintained and currently tenant occupied. This configuration supports either an investor-focused rental setup or an owner-occupant arrangement where one unit can be lived in while the other generates rental income.
Overall, the layout provides separate, self-contained living space for two households within a single duplex structure, with consistent bedroom and bath counts across both units.
The home was built in 1982 and is described as well-maintained and currently tenant occupied. This configuration supports either an investor-focused rental setup or an owner-occupant arrangement where one unit can be lived in while the other generates rental income.
Overall, the layout provides separate, self-contained living space for two households within a single duplex structure, with consistent bedroom and bath counts across both units.
Key Highlights
- Duplex includes both 6617 and 6619 S 78th East Ave
- Total size of 4,202 sq ft (CH)
- Two spacious units, each with three bedrooms and two full baths
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.0k | $13.80 |
| − Vacancy | −$3.8k | −$0.90 |
| EGI | $54.2k | $12.90 |
| − OpEx | −$16.3k | −$3.87 |
| NOI | $38.0k | $9.03 |
4,202 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$542.2K
$474.4K – $632.6K
NOI $37,953 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$507.0K
$443.7K – $591.6K
NOI $35,493 @ 7.0% cap · market cap 8.49%
Theoretical Best
Office A
$1.12M
$975.7K – $1.30M
NOI $78,056 @ 7.0% cap · market cap 18.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
Explore this area
Business Placement
Demographics for 74133, OK
48,331
Population
22,638
Households
2.1
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,528
Density / Sq Mi
$73,983
Median Household Income
$43,897
Median Earnings
$1,129
Median Rent
$254,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with two three-bedroom units, each with two-car garage and a flex room.
Where is this duplex located?
The property is located at 6617 S 78th East Ave Tulsa, OK.
What is the asking price?
The asking price for this property is $418,000.
What are key features of this property?
This property features: Duplex includes both 6617 and 6619 S 78th East Ave; Total size of 4,202 sq ft (CH); Two spacious units, each with three bedrooms and two full baths
