4-Unit Quadplex with Short-Term
New
For Sale
$525,000
810 NW 36th Street, Oklahoma City, OK 73118
The property combines two-bedroom residences with studio-style units operated as short-term rentals.
Property Size2,704 SF
Days on Market5
Property Features for 810 NW 36th Street
General Information
Standard status
Active
Size
2,704 SF
Property subtype
Fourplex
Units
Unit Mix
2 x 2BR/1BA, 2 x studio/1BA
Multifamily Units
4
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$184
Building Details
Building Size
2,704 SF
Year Built
1925
Construction
Tudor
Listing Agency:
Sage Sotheby's Realty
Listed By:
Jenna Harper · License #160245
(405) 465-6566
Source:
Stetsonbentley
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 25 at 12:55AM
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 Sage Sotheby's Realty
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Investment Insights
Based on property information with market context.
Built in 1925, this four-unit property includes a Tudor-style duplex and a separate two-unit building. The duplex has two side-by-side apartments, each with two bedrooms and one full bath; both are occupied by long-term tenants. The second building has an upstairs and a downstairs studio-style apartment, each with one bath and an open living and kitchen area. These two residences have been remodeled and are used as short-term rentals.
A privacy fence separates the two buildings. Tours require an approved appointment, and tenants should not be disturbed.
A privacy fence separates the two buildings. Tours require an approved appointment, and tenants should not be disturbed.
Key Highlights
- Four residential units across a Tudor‑style duplex and a separate two‑unit building
- Each duplex apartment has two bedrooms and one full bath; both have long‑term tenants
- The other two units each have a studio‑style bedroom, one bath, and open living and kitchen areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,684
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,680
$493.7K
Cap Rate 7%
$352,629
$352.6K
Cap Rate 9%
$274,267
$274.3K
Market Conditions
NOI Build-Up for 2,704 SF
Gross rent
$37.3K $13.80/SF
− Vacancy
−$2.1K −$0.76/SF
EGI
$35.3K $13.04/SF
− OpEx
−$10.6K −$3.91/SF
NOI
$24.7K $9.13/SF
Area
Oklahoma City, OK
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,680
Cap Rate 7%
$352,629
Cap Rate 9%
$274,267
Alternative Uses
Best Use
Multifamily LT 5
$352.6K
$308.6K – $411.4K
NOI $24,684 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$326.3K
$285.5K – $380.7K
NOI $22,840 @ 7.0% cap · market cap 4.35%
Theoretical Best
Specialty Retail
$924.8K
$809.2K – $1.08M
NOI $64,734 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
Explore this area
Business Placement
Demographics for 73118, OK
13,521
Population
7,856
Households
1.7
Avg Household Size
37
Median Age
49%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
2,817
Density / Sq Mi
$69,321
Median Household Income
$45,494
Median Earnings
$1,064
Median Rent
$252,500
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
Frequently Asked Questions
What type of property is this?
Quadplex - The property combines two-bedroom residences with studio-style units operated as short-term rentals.
Where is this quadplex located?
The property is located at 810 NW 36th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four residential units across a Tudor‑style duplex and a separate two‑unit building; Each duplex apartment has two bedrooms and one full bath; both have long‑term tenants; The other two units each have a studio‑style bedroom, one bath, and open living and kitchen areas
