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Brick Tudor Quadplex
For Sale
$525,000

810 NW 36th Street, Oklahoma City, OK 73118

MULTI_FAMILY - Tudor - Oklahoma City, OK

Property Size2,704 SF
Lot Size0.06 Acres
Price / SF$194.16
Days on Market126

Property Features for 810 NW 36th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 5
Parking 4
Fireplace 1
Appliances Dishwasher, Disposal, Refrigerator
Lot features Infill Lot, Interior Lot
Elementary school Wilson ES
Middle school Classen MS Of Advanced Studies
High school Classen HS Of Advanced Studies
Elementary school district Oklahoma City
Middle school district Oklahoma City
High school district Oklahoma City
Directions TWO UNITS, 810 NW 36th is on the South side of NW 36th between Francis and Shartel. 813 NW Eubanks is on the North side of Eubanks between Francis and Shartel
Standard status Active
APN 810NW36th73118
Size 2,704 SF
Lot size 0.06 Acres

Building Details

Year built 1925
Floors in Building 2
Building materials Brick, Brick & Frame
Roof type Composition
Architectural style Tudor
Listing Agency: Sage Sotheby's Realty
Listed By: Jenna Harper · License #160245
Added: Apr 6 Changed: Aug 3 Last Checked: Aug 9 at 3:06AM
MLS# 1222638

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.

Historic Tudor quadplex built in 1925 with brick construction (brick & frame) and a composition roof. The front duplex fronts Eubanks and features two side-by-side units, each with two bedrooms and one full bath. Both front units are currently occupied by long-term tenants.

Just beyond a privacy fence, facing NW 36th, is a two-unit “back house” with an upstairs and downstairs layout. Each unit includes a studio-style bedroom, one bath, and open living and kitchen spaces. These back-house units operate as short-term rentals and have been remodeled.

The property includes in-unit appliances such as dishwasher, disposal, and refrigerator. A fireplace is also included. Total property size is 2,704 square feet on a 0.0597-acre lot at 810 NW 36th Street, Oklahoma City, OK 73118.

Key Highlights

  • 0.0597‑acre lot with 2,704 SF quadplex at 810 NW 36th Street
  • Front Tudor duplex fronts Eubanks with two side‑by‑side units (two bedrooms, one full bath each)
  • Both front units are occupied by long‑term tenants

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,684
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.70%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 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.
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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 (±1% cap)
NOI $24,684 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$326.3K
$285.5K – $380.7K (±1% cap)
NOI $22,840 @ 7.0% cap · market cap 4.35%
Theoretical Best
Specialty Retail
$924.8K
$809.2K – $1.08M (±1% cap)
NOI $64,734 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Florist

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

787
Businesses Nearby

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

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?
Quadplex - Quadplex with two long-term units and two short-term rental units, both located within a historic Tudor structure.
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: 0.0597‑acre lot with 2,704 SF quadplex at 810 NW 36th Street; Front Tudor duplex fronts Eubanks with two side‑by‑side units (two bedrooms, one full bath each); Both front units are occupied by long‑term tenants
More about this property
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