Back to Search
Half Duplex Residential Income

8606 S Camay Avenue Oklahoma City, OK 73159

8606 S Camay Avenue, Oklahoma City, OK, 73159
$117,000
Pending
For Sale
$117,000
Pending

SINGLE_FAMILY - Oklahoma City, OK

Property Size1,044 SF
Lot Size0.11 Acres
Days on Market89

Property Features for 8606 S Camay Avenue

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
Standard status
Pending
APN
8606SCamay73159
Size
1,044 SF
Lot size
0.11 Acres

Building Details

Year built
1982
Roof type
Shingle
Listing Agency Nine North Real Estate
1618 N Gatewood, Oklahoma City, OK
Listed by Cody Hash
Added: Apr 22 Checked: Jul 19 at 5:06 pm
MLS# 1225531 Listing URL

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 property is a half duplex residential income home that was used as a rental prior to listing. The seller notes that a short sale requires bank approval, and buyer due diligence is strongly recommended.

The property is located at 8606 S Camay Avenue in Oklahoma City, Oklahoma. The seller lives out of state and is not familiar with the property, so buyers should verify all details, including school districts and square footage, along with other aspects of the home.

The lot size is 0.1093 acres, and the property size is listed as 1,044 square feet. Buyer to verify all information during inspections and underwriting.

Key Highlights

  • Built in 1982 half duplex
  • Shingle roof
  • Room layout includes 3 bedrooms and 2 bathrooms

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 $14.9k $14.28
− Vacancy −$969 −$0.93
EGI $13.9k $13.35
− OpEx −$4.2k −$4.01
NOI $9.8k $9.35
1,044 SF · lease $14.28/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$139.4K
$122.0K – $162.6K (±1% cap)
NOI $9,757 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$129.0K
$112.9K – $150.5K (±1% cap)
NOI $9,029 @ 7.0% cap · market cap 7.72%
Theoretical Best
Specialty Retail
$308.7K
$270.1K – $360.2K (±1% cap)
NOI $21,611 @ 7.0% cap · market cap 18.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Hair Salon Dental Office Spa & Massage Center Law Firm Nail Salon Building Supply Big Box & Wholesale Store Gym & Fitness Center Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Half duplex used as a rental prior to listing on a 0.1093-acre lot.
Where is this duplex located?
The property is located at 8606 S Camay Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $117,000.
What are key features of this property?
This property features: Built in 1982 half duplex; Shingle roof; Room layout includes 3 bedrooms and 2 bathrooms
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message