Two-Unit Duplex with Fenced
For Sale
$235,000
915 Delmar Cir, Oklahoma City, OK 73160
One residence is occupied, while the other is available for a new occupant.
Property Size1,944 SF
Price / SF$120.88
Days on Market50
Property Features for 915 Delmar Cir
General Information
Standard status
Active
Size
1,944 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
private fenced backyard
Building Details
Year Built
1973
Listing Agency:
LRE Realty, LLC
Listed By:
Tara Levinson · License #145328
(405) 431-7003
Source:
Sarahflemingestates
Added: Sep 14
Changed: Oct 25
Last Checked: Oct 7 at 4:25PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit duplex at 915 Delmar Cir includes 1,944 square feet of residential space and was built in 1973. Unit 913 is currently occupied, while unit 915 is available for occupancy. Each residence has its own private, fully fenced backyard, adding separate outdoor space for residents or pets.
The property is located in Oklahoma City within the Moore Public School District. The surrounding Moore neighborhood offers access to parks, dining, shopping, and highway routes. Its two-unit configuration provides an existing rental arrangement in one residence alongside a second unit that can be occupied separately.
The property is located in Oklahoma City within the Moore Public School District. The surrounding Moore neighborhood offers access to parks, dining, shopping, and highway routes. Its two-unit configuration provides an existing rental arrangement in one residence alongside a second unit that can be occupied separately.
Key Highlights
- Two‑unit duplex with 1,944 square feet
- Unit 913 is currently tenant‑occupied
- Unit 915 is available 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
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
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
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 - 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 Oklahoma City, 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: Two‑unit duplex with 1,944 square feet; Unit 913 is currently tenant‑occupied; Unit 915 is available for occupancy
