Duplex with Attached
For Sale
$290,000
8418 Candlewood Drive, Oklahoma City, OK 73132
Residential Income, Oklahoma City, OK
Property Size3,035 SF
Lot Size0.24 Acres
Price / SF$95.55
Days on Market26
Property Features for 8418 Candlewood Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 6, Bathroom 4, Bedroom 6, Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 4
Fireplace
1
Lot features
Interior Lot
Elementary school
Wiley Post ES
Middle school
Hefner MS
High school
Putnam City North HS
Elementary school district
Putnam City
Middle school district
Putnam City
High school district
Putnam City
Directions
From Northwest Expressway, travel northwest toward Rockwell. Turn right onto Candlewood Drive
Standard status
Active
APN
8418NONECandlewood73132
Size
3,035 SF
Lot size
0.24 Acres
Additional Details
Tenant in Place
Yes
Utilities
Heating system
Central, Natural Gas
Cooling system
Electric
Amenities
private fenced yard
Building Details
Year built
1972
Floors in Building
1
Building materials
Brick & Frame
Roof type
Composition
Architectural style
Other
Buildings
1
Listing Agency:
LRE Realty, LLC
(405) 285-5750
Listed By:
Tara Levinson · License #145328
(405) 414-8750
Added: Oct 9
Changed: Nov 2
Last Checked: Nov 3 at 12:06AM
MLS# 1253126
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.
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Investment Insights
Based on property information with market context.
This brick-and-frame duplex contains two residences, each with 3 bedrooms, 2.5 bathrooms, and 1,517 square feet. Both units have a private fenced yard and an attached two-car garage. Unit 8418 has fresh paint, updated flooring, and a custom-tiled shower surround. Unit 8416 is tenant-occupied through August 31, 2026.
The property sits on a 0.235-acre lot in Oklahoma City’s Putnam City School District. The Kilpatrick Turnpike, Mercy Hospital, and Quail Springs Mall are nearby. Built in 1972, the building has central natural gas heating, electric cooling, and a fireplace.
The property sits on a 0.235-acre lot in Oklahoma City’s Putnam City School District. The Kilpatrick Turnpike, Mercy Hospital, and Quail Springs Mall are nearby. Built in 1972, the building has central natural gas heating, electric cooling, and a fireplace.
Key Highlights
- Two residences, each with 3 bedrooms, 2.5 bathrooms, and 1,517 square feet
- Both units include private fenced yards and attached two‑car garages
- Unit 8418 features fresh paint, updated flooring, and a custom‑tiled shower surround
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,636
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,720
$512.7K
Cap Rate 7%
$366,229
$366.2K
Cap Rate 9%
$284,844
$284.8K
Market Conditions
NOI Build-Up for 3,035 SF
Gross rent
$49.2K $16.20/SF
− Vacancy
−$2.6K −$0.84/SF
EGI
$46.6K $15.36/SF
− OpEx
−$21.0K −$6.91/SF
NOI
$25.6K $8.45/SF
Area
Oklahoma City, OK
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,720
Cap Rate 7%
$366,229
Cap Rate 9%
$284,844
Alternative Uses
Best Use
Multifamily LT 5
$395.8K
$346.3K – $461.8K
NOI $27,706 @ 7.0% cap · market cap 9.55%
Second Best
Apartment 5plus
$366.2K
$320.5K – $427.3K
NOI $25,636 @ 7.0% cap · market cap 8.84%
Theoretical Best
Specialty Retail
$1.04M
$908.2K – $1.21M
NOI $72,658 @ 7.0% cap · market cap 25.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
Explore this area
Business Placement
Demographics for 73132, OK
28,394
Population
12,592
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,736
Density / Sq Mi
$58,750
Median Household Income
$37,243
Median Earnings
$1,058
Median Rent
$200,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private fenced yards, with one recently updated and the other leased through August 2026.
Where is this duplex located?
The property is located at 8418 Candlewood Drive Oklahoma City, OK.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms, 2.5 bathrooms, and 1,517 square feet; Both units include private fenced yards and attached two‑car garages; Unit 8418 features fresh paint, updated flooring, and a custom‑tiled shower surround
