Duplex Property with
For Sale
$114,000
8404 S Brookline Avenue, Oklahoma City, OK 73159
Residential, Oklahoma City, OK
Property Size934 SF
Lot Size0.11 Acres
Price / SF$122.06
Days on Market47
Property Features for 8404 S Brookline Avenue
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bathroom 1
Patio and Porch features
Patio
Exterior features
Patio - Open, Storage
Lot features
Interior Lot
Elementary school
Fairview ES
Middle school
West JHS
High school
Westmoore HS
Elementary school district
Moore
Middle school district
Moore
High school district
Moore
Directions
Take exit 1B for S May Ave. Turn right onto S May Ave. Turn right onto SW 84th St. Turn right onto Brookline Ave. Destination will be on the right.
Standard status
Active
APN
8404SBrookline73159
Size
934 SF
Lot size
0.11 Acres
Utilities
Heating system
Natural Gas
Cooling system
Electric, Central Air
Building Details
Year built
1982
Building materials
Brick, Frame
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Opendoor Brokerage, LLC
(480) 462-5392
Listed By:
Praveenkumar Sundaramurthy
(480) 716-6619
Added: Jul 8
Changed: Aug 21
Last Checked: Aug 23 at 5:06AM
MLS# 1238436
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 duplex property offers 934 square feet on a 0.1102-acre lot, with two bedrooms and one bathroom identified in the available room details. The structure was built in 1982 and combines brick and frame construction beneath a composition roof. Interior climate systems include natural gas heating and electric central air conditioning.
Outdoor features include a covered patio, an additional backyard patio, a fenced yard, and a storage shed. The property is located in Oklahoma City, Oklahoma, within ZIP code 73159.
Outdoor features include a covered patio, an additional backyard patio, a fenced yard, and a storage shed. The property is located in Oklahoma City, Oklahoma, within ZIP code 73159.
Key Highlights
- Duplex property with 934 square feet of building area
- Two bedrooms and one bathroom identified in the room details
- Situated on a 0.1102‑acre lot
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
$8,729
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
7.66%
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%
$174,580
$174.6K
Cap Rate 7%
$124,700
$124.7K
Cap Rate 9%
$96,989
$97.0K
Market Conditions
NOI Build-Up for 934 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
$13.3K $14.28/SF
− Vacancy
−$867 −$0.93/SF
EGI
$12.5K $13.35/SF
− OpEx
−$3.7K −$4.01/SF
NOI
$8.7K $9.35/SF
Area
ZIP 73159
Vacancy
6.50%
Lease Rate
$14.28 /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%
$174,580
Cap Rate 7%
$124,700
Cap Rate 9%
$96,989
Alternative Uses
Best Use
Multifamily LT 5
$124.7K
$109.1K – $145.5K
NOI $8,729 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$115.4K
$101.0K – $134.6K
NOI $8,078 @ 7.0% cap · market cap 7.09%
Theoretical Best
Specialty Retail
$276.2K
$241.7K – $322.2K
NOI $19,334 @ 7.0% cap · market cap 16.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
Demographics for 73159, OK
32,981
Population
13,618
Households
2.4
Avg Household Size
33
Median Age
17%
College-Educated
85%
High-School Grad
13.7 sq mi
ZIP Area
2,407
Density / Sq Mi
$56,369
Median Household Income
$36,125
Median Earnings
$1,119
Median Rent
$144,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Residential income property with covered outdoor space, a fenced backyard, and dedicated storage.
Where is this duplex located?
The property is located at 8404 S Brookline Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Duplex property with 934 square feet of building area; Two bedrooms and one bathroom identified in the room details; Situated on a 0.1102‑acre lot
