Two-Unit Duplex with Fenced
For Sale
$235,000
Pending
915 Delmar Cir, Moore, OK 73160
One residence is occupied, while the other is available for a new occupant.
Property Size1,944 SF
Days on Market54
Property Features for 915 Delmar Cir
General Information
Standard status
Pending
Size
1,944 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
fully fenced backyard
Listing Agency:
LRE Realty, LLC
(405) 285-5750
Listed By:
Tara Levinson · License #145328
(405) 414-8750
Source:
Exprealty
Added: Sep 5
Changed: Oct 25
Last Checked: Oct 28 at 1:11PM
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 LRE Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,944-square-foot duplex contains two separate residences, offering a straightforward multifamily configuration. Unit 913 is currently tenant-occupied, while unit 915 is ready for occupancy. Both units include private, fully fenced backyards that provide dedicated outdoor space for residents and pets.
The property is located at 915 Delmar Cir in Moore, Oklahoma, near parks, dining, shopping, and highway access. It is also situated within the Moore Public School District, adding a recognized local school system to the surrounding residential context.
The property is located at 915 Delmar Cir in Moore, Oklahoma, near parks, dining, shopping, and highway access. It is also situated within the Moore Public School District, adding a recognized local school system to the surrounding residential context.
Key Highlights
- 1,944‑square‑foot duplex with 2 units
- Unit 913 is currently tenant‑occupied
- Unit 915 is ready for occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,558
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,160
$351.2K
Cap Rate 7%
$250,829
$250.8K
Cap Rate 9%
$195,089
$195.1K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$26.8K $13.80/SF
− Vacancy
−$1.7K −$0.90/SF
EGI
$25.1K $12.90/SF
− OpEx
−$7.5K −$3.87/SF
NOI
$17.6K $9.03/SF
Area
ZIP 73160
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,160
Cap Rate 7%
$250,829
Cap Rate 9%
$195,089
Alternative Uses
Best Use
Multifamily LT 5
$250.8K
$219.5K – $292.6K
NOI $17,558 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$233.1K
$204.0K – $271.9K
NOI $16,316 @ 7.0% cap · market cap 6.94%
Theoretical Best
Specialty Retail
$469.9K
$411.2K – $548.2K
NOI $32,892 @ 7.0% cap · market cap 14.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
Demographics for 73160, OK
60,511
Population
25,055
Households
2.4
Avg Household Size
33
Median Age
28%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
2,828
Density / Sq Mi
$76,407
Median Household Income
$41,156
Median Earnings
$1,245
Median Rent
$189,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is occupied, while the other is available for a new occupant.
Where is this duplex located?
The property is located at 915 Delmar Cir Moore, OK.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 1,944‑square‑foot duplex with 2 units; Unit 913 is currently tenant‑occupied; Unit 915 is ready for occupancy
