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Duplex With Existing Tenants
For Sale
$252,000

920 Acacia Circle #922, Noble, OK 73068

The two-story property has renters in both residences and a 2-bedroom, 2-bathroom layout per unit.

Property Size2,592 SF
Price / SF$97.22
Days on Market14

Property Features for 920 Acacia Circle #922

General Information

Standard status Active
Size 2,592 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Building Details

Building Size 2,592 SF
Year Built 1980
Buildings 1
Stories 2
Units 2
Listing Agency: Heather & Company Realty Group
Listed By: Keli Foster-Nicks · License #OKC184976
Source: Eastwoodrealtygroup
Added: Oct 14 Changed: Oct 26 Last Checked: Oct 26 at 3:43AM

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 Heather & Company Realty Group

Rey
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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 two-story duplex contains 2,592 square feet across two residences. Each unit is arranged with two bedrooms and two bathrooms, for a property-wide total of four bedrooms and four bathrooms. Both units are occupied by tenants.

The property is in Noble, with schools, shopping, dining, and everyday services described as nearby.

Key Highlights

  • 2,592 square feet across two units
  • Each residence has 2 bedrooms and 2 bathrooms
  • Both units are occupied by tenants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,417
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,340 $448.3K
Cap Rate 7%
$320,243 $320.2K
Cap Rate 9%
$249,078 $249.1K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$43.5K $16.80/SF
− Vacancy
−$2.8K −$1.08/SF
EGI
$40.8K $15.72/SF
− OpEx
−$18.3K −$7.08/SF
NOI
$22.4K $8.65/SF
Area
Cleveland County, OK
Vacancy
6.40%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,340
Cap Rate 7%
$320,243
Cap Rate 9%
$249,078

Alternative Uses

Best Use
Multifamily LT 5
$346.1K
$302.8K – $403.8K (±1% cap)
NOI $24,226 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$320.2K
$280.2K – $373.6K (±1% cap)
NOI $22,417 @ 7.0% cap · market cap 8.90%
Theoretical Best
Office A
$637.4K
$557.7K – $743.6K (±1% cap)
NOI $44,618 @ 7.0% cap · market cap 17.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby

Demographics for 73068, OK

12,368
Population
5,115
Households
2.4
Avg Household Size
38
Median Age
22%
College-Educated
88%
High-School Grad
64.5 sq mi
ZIP Area
192
Density / Sq Mi
$78,727
Median Household Income
$43,050
Median Earnings
$958
Median Rent
$188,800
Median Home Value

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 - The two-story property has renters in both residences and a 2-bedroom, 2-bathroom layout per unit.
Where is this duplex located?
The property is located at 920 Acacia Circle #922 Noble, OK.
What is the asking price?
The asking price for this property is $252,000.
What are key features of this property?
This property features: 2,592 square feet across two units; Each residence has 2 bedrooms and 2 bathrooms; Both units are occupied by tenants
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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