713 S Locust Street Guthrie, OK 73044
MULTI_FAMILY - Modern - Guthrie, OK
Property Features for 713 S Locust Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 11
- Bathrooms
- 7
- Rooms
- Bathroom 1, Bathroom 4, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 11, Bedroom 4, Bathroom 7, Bedroom 9, Bathroom 3, Bathroom 6, Bedroom 10, Bedroom 1, Bedroom 6, Bathroom 5, Bedroom 8, Bedroom 2, Bedroom 5
- Parking
- 11
- Appliances
- Dishwasher, Microwave, Refrigerator, Water Heater
- Standard status
- Active
- APN
- 713SLocust713-72573044
- Size
- 5,308 SF
- Lot size
- 0.32 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2004
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Modern
Listing agent Andrew Foshee License #176528 (405) 330-2777
Listing office Keller Williams Central OK 10 E Campbell, Edmond, OK (405) 330-2626
Listing date Jul 13, 2026
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Investment Insights
Based on property information with market context.
The property is located at 713 S Locust Street in Guthrie, Oklahoma, within Logan County (73044).
Key Highlights
- 7‑door townhome with four 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units
- Each unit includes a complete kitchen with upper and lower cabinetry plus in‑unit laundry hookups
- Individual AC for each unit with electric cooling and central air
Local Financial Insights For Apartment 5plus
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 | $89.2k | $16.80 |
| − Vacancy | −$5.7k | −$1.08 |
| EGI | $83.5k | $15.72 |
| − OpEx | −$37.6k | −$7.08 |
| NOI | $45.9k | $8.65 |