Brand-New One-Level
For Sale
$390,000
817 E 11th St, Claremore, OK 74017
New one-level duplex with full brick exterior and tile flooring, each side includes a complete appliance package.
Property Size2,322 SF
Price / SF$167.96
Days on Market102
Property Features for 817 E 11th St
General Information
Standard status
Active
Size
2,322 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2025
Stories
1
Construction
Craftsman
Tenancy
Multi
Listing Agency:
Dake Real Estate
Listed By:
Brent Dake · License #139372
(918) 344-2618
Source:
Thewolekgroup
Added: Jul 17
Changed: Oct 25
Last Checked: Oct 7 at 3:00PM
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 Dake Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brand-new one-level duplex is designed for low maintenance and built in a Craftsman style. Each side is approximately 1,161 square feet per building permit and features tile throughout. The exterior is full brick on three sides, and the property includes a fully sodded yard with guttering. Appliances are included, including a range, oven, microwave, and refrigerator.
The duplex is located on the east side of Claremore in a very quiet area. It is about one mile from Downtown Claremore and roughly two miles from RSU, with access to a nearby lake and hiking and biking trails just minutes away.
Each unit offers a one-level layout suitable for owner-occupant or investment use, with the duplex configuration providing separate sides under the same property.
The duplex is located on the east side of Claremore in a very quiet area. It is about one mile from Downtown Claremore and roughly two miles from RSU, with access to a nearby lake and hiking and biking trails just minutes away.
Each unit offers a one-level layout suitable for owner-occupant or investment use, with the duplex configuration providing separate sides under the same property.
Key Highlights
- Brand‑new one‑level duplex built in 2025
- Full brick exterior on 3 sides and tile flooring throughout
- Each unit is approximately 1,161 SF per side (per building permit)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,479
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,580
$309.6K
Cap Rate 7%
$221,129
$221.1K
Cap Rate 9%
$171,989
$172.0K
Market Conditions
NOI Build-Up for 2,322 SF
Gross rent
$31.8K $13.68/SF
− Vacancy
−$3.6K −$1.56/SF
EGI
$28.1K $12.12/SF
− OpEx
−$12.7K −$5.45/SF
NOI
$15.5K $6.67/SF
Area
Rogers County, OK
Vacancy
11.40%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,580
Cap Rate 7%
$221,129
Cap Rate 9%
$171,989
Alternative Uses
Best Use
Apartment 5plus
$221.1K
$193.5K – $258.0K
NOI $15,479 @ 7.0% cap · market cap 3.97%
Second Best
Multifamily LT 5
$186.3K
$163.1K – $217.4K
NOI $13,044 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$581.6K
$508.9K – $678.5K
NOI $40,709 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
Explore this area
Business Placement
Demographics for 74017, OK
29,083
Population
12,038
Households
2.4
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
140.5 sq mi
ZIP Area
207
Density / Sq Mi
$65,519
Median Household Income
$38,165
Median Earnings
$1,015
Median Rent
$184,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New one-level duplex with full brick exterior and tile flooring, each side includes a complete appliance package.
Where is this duplex located?
The property is located at 817 E 11th St Claremore, OK.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Brand‑new one‑level duplex built in 2025; Full brick exterior on 3 sides and tile flooring throughout; Each unit is approximately 1,161 SF per side (per building permit)
