Brick Duplex with
For Sale
$315,000
914 N Osage Ave, Claremore, OK 74017
Fully occupied brick property with two-bedroom units, one bathroom per unit, and one-car parking.
Property Size1,938 SF
Price / SF$162.54
Days on Market59
Property Features for 914 N Osage Ave
General Information
Standard status
Active
Size
1,938 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Gross Income
$25,200
Multifamily Units
4
Building Details
Year Built
2015
Construction
Full Brick
Listing Agency:
Dake Real Estate
Listed By:
Brent Dake · License #139372
(918) 344-2618
Source:
Alloverok
Added: Aug 19
Changed: Oct 8
Last Checked: Oct 7 at 2:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dake Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,938-square-foot duplex was built in 2015 and features full-brick construction. Each unit includes two bedrooms, one bathroom, and one-car parking. The property is fully occupied by long-term tenants.
The duplex is situated on a corner lot on the east side of Claremore and must be sold together with the neighboring duplex at 914/916 N. Osage. The adjoining property requirement provides a combined offering across the two adjacent duplexes.
The duplex is situated on a corner lot on the east side of Claremore and must be sold together with the neighboring duplex at 914/916 N. Osage. The adjoining property requirement provides a combined offering across the two adjacent duplexes.
Key Highlights
- 1,938‑square‑foot duplex built in 2015
- Full‑brick construction
- Two bedrooms, one bathroom, and one‑car parking per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,919
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,380
$258.4K
Cap Rate 7%
$184,557
$184.6K
Cap Rate 9%
$143,544
$143.5K
Market Conditions
NOI Build-Up for 1,938 SF
Gross rent
$26.5K $13.68/SF
− Vacancy
−$3.0K −$1.56/SF
EGI
$23.5K $12.12/SF
− OpEx
−$10.6K −$5.45/SF
NOI
$12.9K $6.67/SF
Area
Rogers County, OK
Vacancy
11.40%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,380
Cap Rate 7%
$184,557
Cap Rate 9%
$143,544
Alternative Uses
Best Use
Apartment 5plus
$184.6K
$161.5K – $215.3K
NOI $12,919 @ 7.0% cap · market cap 4.10%
Second Best
Multifamily LT 5
$155.5K
$136.1K – $181.5K
NOI $10,887 @ 7.0% cap · market cap 3.46%
Theoretical Best
Specialty Retail
$485.4K
$424.7K – $566.3K
NOI $33,977 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 74017, OK
29,083
Population
12,038
Households
2.4
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
140.5 sq mi
ZIP Area
207
Density / Sq Mi
$65,519
Median Household Income
$38,165
Median Earnings
$1,015
Median Rent
$184,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied brick property with two-bedroom units, one bathroom per unit, and one-car parking.
Where is this duplex located?
The property is located at 914 N Osage Ave Claremore, OK.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1,938‑square‑foot duplex built in 2015; Full‑brick construction; Two bedrooms, one bathroom, and one‑car parking per unit
