Brand-New One-Level
817 E 11th Street Claremore, OK 74017
817 E 11th Street, Claremore, OK, 74017
$399,000
For Sale
$399,000
New one-level duplex with full brick exterior and tile flooring, each side includes a complete appliance package.
Property Size2,322 SF
Price / SF$171.83
Days on Market355
Property Features for 817 E 11th Street
General Information
- Standard status
- Active
- Size
- 2,322 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2025
Listing agency
(918) 341-1828
Listed by
Dake Real Estate
(918) 344-2618
Source
Xome
Added: Aug 2, 2025 Updated: Jul 22 at 3:43AM Checked: Jul 22 at 3:43AM
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
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)
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.8k | $13.68 |
| − Vacancy | −$3.6k | −$1.56 |
| EGI | $28.1k | $12.12 |
| − OpEx | −$12.7k | −$5.45 |
| NOI | $15.5k | $6.67 |
2,322 SF · lease $13.68/SF/yr · vacancy 11.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$221.1K
$193.5K – $258.0K
NOI $15,479 @ 7.0% cap · market cap 3.88%
Second Best
Multifamily LT 5
$186.3K
$163.1K – $217.4K
NOI $13,044 @ 7.0% cap · market cap 3.27%
Theoretical Best
Specialty Retail
$581.6K
$508.9K – $678.5K
NOI $40,709 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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 Street Claremore, OK.
What is the asking price?
The asking price for this property is $399,000.
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)
