New-Build Duplex with Quartz
For Sale
$460,000
820 W 2nd Street, Edmond, OK 73003
Two three-bedroom residences feature contemporary interiors, electric systems, and convenient access to the University of Central Oklahoma.
Property Size2,932 SF
Days on Market52
Property Features for 820 W 2nd Street
General Information
Standard status
Active
Size
2,932 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$867
Building Details
Building Size
2,932 SF
Year Built
2026
Listing Agency:
Metro First Realty of Edmond
Listed By:
Kimi George
(405) 824-7653
Source:
Stetsonbentley
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 4 at 9:01PM
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 Metro First Realty of Edmond
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Investment Insights
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Completed in 2026, this duplex contains two separately configured residences, each with three bedrooms and two bathrooms. Interior specifications include quartz countertops, stainless steel appliances, and LVT flooring. Both units are all-electric and designed with energy efficiency in mind.
The property is located in Edmond’s Main Street Addition, west of Downtown Edmond and near the University of Central Oklahoma. There are no HOA dues associated with the property, supporting straightforward ownership of the two-unit residential income asset.
The property is located in Edmond’s Main Street Addition, west of Downtown Edmond and near the University of Central Oklahoma. There are no HOA dues associated with the property, supporting straightforward ownership of the two-unit residential income asset.
Key Highlights
- New‑build duplex completed in 2026
- Each unit offers 3 bedrooms and 2 bathrooms
- Quartz countertops and stainless steel appliances in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,656
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,120
$373.1K
Cap Rate 7%
$266,514
$266.5K
Cap Rate 9%
$207,289
$207.3K
Market Conditions
NOI Build-Up for 2,932 SF
Gross rent
$37.6K $12.84/SF
− Vacancy
−$3.7K −$1.27/SF
EGI
$33.9K $11.57/SF
− OpEx
−$15.3K −$5.21/SF
NOI
$18.7K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,120
Cap Rate 7%
$266,514
Cap Rate 9%
$207,289
Alternative Uses
Best Use
Apartment 5plus
$266.5K
$233.2K – $310.9K
NOI $18,656 @ 7.0% cap · market cap 4.06%
Second Best
Multifamily LT 5
$254.5K
$222.7K – $296.9K
NOI $17,815 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$610.7K
$534.4K – $712.5K
NOI $42,748 @ 7.0% cap · market cap 9.29%
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
493
Businesses Nearby
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Business Placement
Demographics for 73003, OK
22,648
Population
9,760
Households
2.3
Avg Household Size
36
Median Age
42%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,061
Density / Sq Mi
$76,957
Median Household Income
$45,176
Median Earnings
$1,338
Median Rent
$230,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Edmond, OK
Properties on Market for Duplexes in Edmond
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences feature contemporary interiors, electric systems, and convenient access to the University of Central Oklahoma.
Where is this duplex located?
The property is located at 820 W 2nd Street Edmond, OK.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: New‑build duplex completed in 2026; Each unit offers 3 bedrooms and 2 bathrooms; Quartz countertops and stainless steel appliances in both units
