9077 Northeast 13th Street, Midwest City, OK 73110
24-unit all-brick duplex community with dedicated garages, EV charging outlets, and an on-site storage building for added income.
Property Features for 9077 Northeast 13th Street
General Information
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 9077 NE 13th Street in Midwest City, Oklahoma, within the OKC metro.
For sale as a small-portfolio multifamily opportunity, Preston Grove currently operates under existing leases with a stabilized rent roll based on blended residential rents across all 24 units. The current owner bills utilities at $100 per unit monthly, with that cost-recovery structure described as potentially continued or restructured at the buyer’s discretion. The listing price is $5,885,000, reflecting a 6.2% capitalization rate on stabilized NOI of $362,400, with the offering also noting a pathway toward 6.3% as six below-market leases roll to the HUD Housing Choice Voucher rate.
Key Highlights
- 24‑unit duplex community built in 2024 at 9077 NE 13th Street, Midwest City, OK
- Set on 2.0 acres with 12 all‑brick duplex buildings and 24 units total
- All units are 3‑bed, 2‑bath, 1,075 SF floor plans with granite countertops and 9‑ft ceilings
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 73110, OK
Market
Vacancy Rate% for Industrial in South region