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Two-Unit Duplex with Fenced Yards
For Sale
$235,000
Pending

915 Delmar Circle, Oklahoma City, OK 73160

Residential Income, Oklahoma City, OK

Property Size1,944 SF
Lot Size0.20 Acres
Days on Market48

Property Features for 915 Delmar Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 4
Lot features Interior Lot
Elementary school Winding Creek ES
Middle school Central JHS
High school Moore HS
Elementary school district Moore
Middle school district Moore
High school district Moore
Directions From S Eastern Avenue, turn west onto Delmar Circle, and the home will be located near the end of the cul-de-sac on your left.
Standard status Pending
APN 915NONEDelmar73160
Size 1,944 SF
Lot size 0.20 Acres

Amenities

private fenced backyard

Building Details

Year built 1973
Building materials Brick & Frame
Roof type Composition
Architectural style Other
Listing Agency: LRE Realty, LLC
Listed By: Tara Levinson
Added: Sep 5 Changed: Oct 21 Last Checked: Oct 22 at 5:06PM
MLS# 1247442

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.

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Investment Insights

Based on property information with market context.

This 1,944-square-foot duplex contains two units on a 0.2-acre parcel. Built in 1973, the building uses brick and frame construction and has a composition roof. The room information lists four bedrooms and two bathrooms across the property.

Each unit has its own fully fenced backyard. The property is at 915 Delmar Circle in Oklahoma City, within the Moore Public School District. Parks, dining, shopping, and highway access are cited among the nearby amenities.

Key Highlights

  • Two‑unit duplex with 1,944 square feet of building area
  • Each unit has a private, fully fenced backyard
  • Sited on a 0.2‑acre parcel

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 (±1% cap)
NOI $17,558 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$233.1K
$204.0K – $271.9K (±1% cap)
NOI $16,316 @ 7.0% cap · market cap 6.94%
Theoretical Best
Specialty Retail
$469.9K
$411.2K – $548.2K (±1% cap)
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

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes a separate, fully enclosed backyard for private outdoor space.
Where is this duplex located?
The property is located at 915 Delmar Circle 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 of building area; Each unit has a private, fully fenced backyard; Sited on a 0.2‑acre parcel
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