Updated Duplex with Covered
For Sale
$148,000
Pending
8405 S Brookline Avenue, Oklahoma City, OK 73159
Residential, Oklahoma City, OK
Property Size976 SF
Lot Size0.11 Acres
Days on Market85
Property Features for 8405 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-Covered, Outbuildings, Rain Gutters
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
From 1-240 exit S. May. Continue S to 84th Street turning W. Turn North on S Brookline Ave.
Standard status
Pending
APN
8405SBrookline73159
Size
976 SF
Lot size
0.11 Acres
Utilities
Heating system
Natural Gas
Cooling system
Electric, Central Air
Amenities
covered patio
carport
Building Details
Year built
1982
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Additional Structures
Outbuilding
Listing Agency:
Copper Creek Real Estate
(405) 888-9902
Listed By:
Rachael Silverstein · License #206357
(405) 756-6137
Added: Jun 11
Changed: Aug 21
Last Checked: Sep 3 at 11:06AM
MLS# 1234201
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 976-square-foot bungalow-style duplex was built in 1982 on a 0.1102-acre lot. The property features brick-and-frame construction, an open living area, an updated kitchen with granite counters, a gas range, updated appliances, and a breakfast bar. The residence also includes two bedrooms, one bathroom, a remodeled bath, a covered patio, and a private backyard. Recent improvements include a new composition roof, commercial-grade water heater, carport, and Low-E windows. Natural gas heating and electric central air provide the primary mechanical systems.
The property is located in Oklahoma City within the Westmoore Schools area, with access to Downtown OKC, Tinker AFB, the airport, shopping, and restaurants. Exterior features include covered patio space, rain gutters, and an outbuilding.
The property is located in Oklahoma City within the Westmoore Schools area, with access to Downtown OKC, Tinker AFB, the airport, shopping, and restaurants. Exterior features include covered patio space, rain gutters, and an outbuilding.
Key Highlights
- Duplex with 976 SF of building area on a 0.1102‑acre lot
- Built in 1982 with brick‑and‑frame construction
- Updated kitchen with granite countertops, gas range, appliances, and breakfast bar
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
$9,122
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
6.16%
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%
$182,440
$182.4K
Cap Rate 7%
$130,314
$130.3K
Cap Rate 9%
$101,356
$101.4K
Market Conditions
NOI Build-Up for 976 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
$13.9K $14.28/SF
− Vacancy
−$906 −$0.93/SF
EGI
$13.0K $13.35/SF
− OpEx
−$3.9K −$4.01/SF
NOI
$9.1K $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%
$182,440
Cap Rate 7%
$130,314
Cap Rate 9%
$101,356
Alternative Uses
Best Use
Multifamily LT 5
$130.3K
$114.0K – $152.0K
NOI $9,122 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$120.6K
$105.5K – $140.7K
NOI $8,441 @ 7.0% cap · market cap 5.70%
Theoretical Best
Specialty Retail
$288.6K
$252.5K – $336.7K
NOI $20,203 @ 7.0% cap · market cap 13.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Bungalow-style investment property with refreshed interiors, private outdoor space, and convenient access to area employment and amenities.
Where is this duplex located?
The property is located at 8405 S Brookline Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $148,000.
What are key features of this property?
This property features: Duplex with 976 SF of building area on a 0.1102‑acre lot; Built in 1982 with brick‑and‑frame construction; Updated kitchen with granite countertops, gas range, appliances, and breakfast bar
