Residential Income Rental
7311 Kings Manor Court Oklahoma City, OK 73132
7311 Kings Manor Court, Oklahoma City, OK, 73132
$150,000
For Sale
$150,000
SINGLE_FAMILY - Ranch - Oklahoma City, OK
Property Size1,307 SF
Lot Size0.12 Acres
Price / SF$114.77
Days on Market26
Property Features for 7311 Kings Manor Court
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
- Fireplace
- 1
- Standard status
- Active
- APN
- 7311NONEKingsManor73132
- Size
- 1,307 SF
- Lot size
- 0.12 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1980
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Ranch
Listing Agency
Brix Realty
(405) 594-8341
704 W. Sheridan Ave., Oklahoma City, OK
Listed by
Nancy Joy · License #200416
(253) 861-8540
Added: Jun 24 Checked: Jul 19 at 5:06 pm
MLS# 1235990
Listing URL
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.
Investment Insights
Based on property information with market context.
This offering is a nine-home residential income rental package presented in two separate lots. Lot 1 includes four homes, and Lot 2 includes five homes, with all houses in each lot required to stay together and not be mixed or matched between lots. The homes are described as a mix of duplexes, townhomes, and single-family homes, with most units featuring three bedrooms, two bathrooms, and a two-car garage. Most homes also include a fireplace, with one home noted as different from the 3 bed 2 bath configuration. Sellers prefer to sell the property “as is,” and current tenants are in place.
Per the listing, no showings will be allowed until under contract. Current rent is listed as $5,710 for Lot 1 and $7,250 for Lot 2.
The package is located in Oklahoma City, OK 73132, in Oklahoma County.
Per the listing, no showings will be allowed until under contract. Current rent is listed as $5,710 for Lot 1 and $7,250 for Lot 2.
The package is located in Oklahoma City, OK 73132, in Oklahoma County.
Key Highlights
- 9‑home rental package with current tenants in place (do not trespass). Sellers prefer selling "As is".
- Two‑lot configuration: Lot 1 includes MLS 1236113, 1236117, 1236112, 1236109; all homes in the lot stay together.
- Lot 1 current rent is $5,710; all homes are 3 bed/2 bath with 2‑car garages, and most have fireplaces.
Local 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 | $18.0k | $13.80 |
| − Vacancy | −$992 | −$0.76 |
| EGI | $17.0k | $13.04 |
| − OpEx | −$5.1k | −$3.91 |
| NOI | $11.9k | $9.13 |
1,307 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$170.4K
$149.1K – $198.9K
NOI $11,931 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$157.7K
$138.0K – $184.0K
NOI $11,040 @ 7.0% cap · market cap 7.36%
Theoretical Best
Specialty Retail
$447.0K
$391.1K – $521.5K
NOI $31,290 @ 7.0% cap · market cap 20.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Nine rental homes offered in two lots, with current tenants in place and homes staying within each lot.
Where is this duplex located?
The property is located at 7311 Kings Manor Court Oklahoma City, OK.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 9‑home rental package with current tenants in place (do not trespass). Sellers prefer selling "As is".; Two‑lot configuration: Lot 1 includes MLS 1236113, 1236117, 1236112, 1236109; all homes in the lot stay together.; Lot 1 current rent is $5,710; all homes are 3 bed/2 bath with 2‑car garages, and most have fireplaces.
