8418 Candlewood Drive, Oklahoma City, OK 73132
MULTI_FAMILY - Other - Oklahoma City, OK
- Added:
- Apr 24, 2026
- Days on Market:
- 76
- Last Refresh:
- Jul 8 at 2:06 pm
Property Features for 8418 Candlewood Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 6, Bathroom 5, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 2
- Fireplace
- 1
- Standard status
- Active
- APN
- 8418NONECandlewood73132
- Size
- 3,035 SF
- Lot size
- 0.24 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Building materials
- Brick & Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Tara Levinson License #145328 (405) 414-8750
Listing office LRE Realty LLC 3020 E Britton Rd, Oklahoma City, OK (405) 285-5750
Listing date Apr 24, 2026
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.
HighLights
- Duplex built in 1972 with brick & frame construction and a composition roof
- 2‑unit layout with 1,517 SF per side, each offering 3 bedrooms and 2.5 bathrooms
- Each unit includes a private fenced yard and an attached 2‑car garage
- Unit 8418 remodeled and move‑in ready with fresh paint, updated flooring, and a brand‑new custom‑tiled shower surround
- Unit 8416 is tenant‑occupied through August 31, 2026
- Heating is natural gas; cooling includes central air and electric; fireplace is available
Overview
The property is located at 8418 Candlewood Drive in Oklahoma City, near the Kilpatrick Turnpike, Mercy Hospital, and the shopping and dining options at Quail Springs Mall. It is in the Putnam City School District.
Unit 8418 has been recently remodeled and is presented as move-in ready, with fresh paint, updated flooring, and a brand-new custom-tiled shower surround. Unit 8416 is currently tenant-occupied through August 31, 2026, offering a defined occupancy timeline for that side while the other unit is available in its updated condition.
Local Financial Insights For Multifamily LT 5
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 | $41.9k | $13.80 |
| − Vacancy | −$2.3k | −$0.76 |
| EGI | $39.6k | $13.04 |
| − OpEx | −$11.9k | −$3.91 |
| NOI | $27.7k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.629686
- Latitude
- 35.556759
