Craftsman
For Sale
$429,900
812 NW 21st Street, Oklahoma City, OK 73106
Residential Income, Oklahoma City, OK
Property Size2,348 SF
Lot Size0.12 Acres
Price / SF$183.09
Days on Market71
Property Features for 812 NW 21st Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 1
Parking
3
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
Lot features
Interior Lot
Elementary school
Dove Science Academy ES,Wilson ES
Middle school
Classen MS Of Advanced Studies,Dove Science Acade
High school
Classen HS Of Advanced Studies,Douglass HS,Dove S
Elementary school district
Oklahoma City
Middle school district
Oklahoma City
High school district
Oklahoma City
Directions
From NW 21st & Shartel, turn West on NW 21st. Property is on the S side of the street. Alley access for back parking is just S of NW 21st.
Standard status
Active
APN
812NW21st73106
Size
2,348 SF
Lot size
0.12 Acres
Utilities
Heating system
Natural Gas, Central
Cooling system
Electric
Amenities
front porch
backyard
storage shed
Building Details
Year built
1910
Floors in Building
2
Building materials
Frame
Roof type
Composition
Architectural style
Craftsman
Listing Agency:
Metro Brokers of Oklahoma
(405) 330-1859
Listed By:
Kathleen Forrest
(405) 476-9600
Added: Aug 13
Changed: Oct 20
Last Checked: Oct 22 at 3:06PM
MLS# 1244207
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.
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Investment Insights
Based on property information with market context.
Built in 1910, this 2,348-square-foot Craftsman duplex contains a two-bedroom, one-bath apartment and a three-bedroom, one-bath apartment. The downstairs unit is vacant and includes a large living room, dining area, kitchen, storage room, and two bedrooms. Its kitchen has granite counters, updated cabinetry, and stainless steel appliances. The upstairs apartment has hardwood floors, an updated kitchen with granite counters, and black appliances; it is furnished and occupied by month-to-month guests. Furnishings in the upper unit may remain or be removed.
The 0.1189-acre property has alley access and a rear parking pad with space for three cars. A fenced backyard and storage shed provide additional on-site features. The address is 812 NW 21st Street in Oklahoma City, Oklahoma.
The 0.1189-acre property has alley access and a rear parking pad with space for three cars. A fenced backyard and storage shed provide additional on-site features. The address is 812 NW 21st Street in Oklahoma City, Oklahoma.
Key Highlights
- Two apartments: one with 2 bedrooms and 1 bathroom, the other with 3 bedrooms and 1 bathroom
- 2,348 square feet; built in 1910
- 0.1189‑acre lot with alley access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,434
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,680
$428.7K
Cap Rate 7%
$306,200
$306.2K
Cap Rate 9%
$238,156
$238.2K
Market Conditions
NOI Build-Up for 2,348 SF
Gross rent
$32.4K $13.80/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$30.6K $13.04/SF
− OpEx
−$9.2K −$3.91/SF
NOI
$21.4K $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%
$428,680
Cap Rate 7%
$306,200
Cap Rate 9%
$238,156
Alternative Uses
Best Use
Multifamily LT 5
$306.2K
$267.9K – $357.2K
NOI $21,434 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$283.3K
$247.9K – $330.6K
NOI $19,833 @ 7.0% cap · market cap 4.61%
Theoretical Best
Specialty Retail
$803.0K
$702.6K – $936.9K
NOI $56,211 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,276
Businesses Nearby
Explore this area
Business Placement
Demographics for 73106, OK
12,956
Population
6,069
Households
2.1
Avg Household Size
32
Median Age
40%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
4,319
Density / Sq Mi
$51,934
Median Household Income
$32,145
Median Earnings
$1,050
Median Rent
$262,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments offer different bedroom counts and rental arrangements.
Where is this duplex located?
The property is located at 812 NW 21st Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Two apartments: one with 2 bedrooms and 1 bathroom, the other with 3 bedrooms and 1 bathroom; 2,348 square feet; built in 1910; 0.1189‑acre lot with alley access
