Four-Unit Tudor Multifamily
For Sale
$525,000
810 NW 36th Street, Oklahoma City, OK 73118
Residential Income, Oklahoma City, OK
Property Size2,704 SF
Lot Size0.06 Acres
Price / SF$194.16
Days on Market175
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, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1
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
(405) 748-0405
Listed By:
Jenna Harper · License #160245
(405) 465-6566
Added: Apr 6
Changed: Sep 14
Last Checked: Sep 27 at 2:06PM
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.
This 2,704-square-foot multifamily property contains four residential units across two separate structures. The front building is a historic Tudor duplex with two side-by-side residences, each configured with two bedrooms and one full bathroom. Both units are occupied by long-term tenants.
A second building behind a privacy fence adds two more residences, arranged as separate upper- and lower-level units. Each includes a studio-style bedroom, one bathroom, and an open living and kitchen area. These units are operated as short-term rentals and feature remodeling with colorful finishes, distinctive tile, and character-focused appliances. The property was built in 1925 and includes a fireplace, dishwasher, disposal, and refrigerator. It is located at 810 NW 36th Street in Oklahoma City.
A second building behind a privacy fence adds two more residences, arranged as separate upper- and lower-level units. Each includes a studio-style bedroom, one bathroom, and an open living and kitchen area. These units are operated as short-term rentals and feature remodeling with colorful finishes, distinctive tile, and character-focused appliances. The property was built in 1925 and includes a fireplace, dishwasher, disposal, and refrigerator. It is located at 810 NW 36th Street in Oklahoma City.
Key Highlights
- Four residential units across two structures
- 2,704 SF property on a 0.0597‑acre lot
- Front Tudor duplex with two 2‑bedroom, 1‑bath units
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
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.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
626
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two units serve long-term tenants, while two remodeled spaces operate as short-term rentals.
Where is this multifamily property 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 two structures; 2,704 SF property on a 0.0597‑acre lot; Front Tudor duplex with two 2‑bedroom, 1‑bath units
