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

915 Delmar Circle, Oklahoma City, OK 73160

Residential Income, Oklahoma City, OK

Property Size1,944 SF
Lot Size0.20 Acres
Price / SF$120.88
Days on Market32

Property Features for 915 Delmar Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3
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 Active
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 · License #145328
Added: Sep 5 Changed: Sep 15 Last Checked: Oct 6 at 2:06AM
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.

Investment Insights

Based on property information with market context.

This duplex contains two separate residences within a 1,944-square-foot property built in 1973. One unit is currently tenant-occupied, and the other is ready for occupancy. Both residences include private, fully fenced backyard areas. Brick and frame construction, along with a composition roof, complete the primary improvements on the 0.2-acre lot.

The property is located at 915 Delmar Circle in Oklahoma City, OK 73160, within the Moore Public School District. The surrounding Moore area provides access to parks, dining, shopping, and highway routes. The layout offers two residential units with distinct outdoor spaces and an established occupancy profile.

Key Highlights

  • Two‑unit duplex on a 0.2‑acre lot
  • 1,944 square feet of property size
  • One unit is tenant‑occupied; the second 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 (±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.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply (Bike/Boat/Book/etc) Store Grocery & Convenience Store Law Firm Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - One residence is occupied, while the second is prepared for its next occupant.
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 on a 0.2‑acre lot; 1,944 square feet of property size; One unit is tenant‑occupied; the second is ready for occupancy
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