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Two-Unit Two-Story Duplex

922-920 Acacia Cir, Noble, OK 73068

For Sale
$252,000

Both residences are tenant-occupied, with a two-bedroom, two-bathroom layout in each unit.

Property Size2,592 SF
Price / SF$97.22
Days on Market28

Property Features for 922-920 Acacia Cir

General Information

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

Additional Details

Multifamily Units 2
Tenant in Place Yes

Building Details

Stories 2
Listing Agency: Heather & Company Realty Group
Listed By: Keli Foster-Nicks · License OK OKC184976
Source: Exprealty
Added: Oct 14 Changed: Nov 4 Last Checked: Nov 8 at 11:00AM

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

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Investment Insights

Based on property information with market context.

This two-story duplex in Noble contains 2,592 square feet across two residences. Each unit has two bedrooms and two bathrooms, for a combined total of four bedrooms and four bathrooms. Both units are currently occupied by tenants.

The property is in the Northwoods Addition, near schools, shopping, dining, and everyday amenities.

Key Highlights

  • 2,592‑square‑foot, two‑story duplex in Noble
  • Two units, each with 2 bedrooms and 2 bathrooms
  • Both residences are tenant‑occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,633
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,660 $452.7K
Cap Rate 7%
$323,329 $323.3K
Cap Rate 9%
$251,478 $251.5K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$34.2K $13.20/SF
− Vacancy
−$1.9K −$0.73/SF
EGI
$32.3K $12.47/SF
− OpEx
−$9.7K −$3.74/SF
NOI
$22.6K $8.73/SF
Area
Cleveland County, OK
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,660
Cap Rate 7%
$323,329
Cap Rate 9%
$251,478

Alternative Uses

Best Use
Multifamily LT 5
$323.3K
$282.9K – $377.2K (±1% cap)
NOI $22,633 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$301.2K
$263.5K – $351.4K (±1% cap)
NOI $21,083 @ 7.0% cap · market cap 8.37%
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

Average Price Trend$/SF for Duplexes in Cleveland County, OK

$124 Jul
$168 Aug
$181 Sep
$169 Oct

Properties on Market for Duplexes in Cleveland County

Jul
Aug
Sep
Oct

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 - Both residences are tenant-occupied, with a two-bedroom, two-bathroom layout in each unit.
Where is this duplex located?
The property is located at 922-920 Acacia Cir 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‑foot, two‑story duplex in Noble; Two units, each with 2 bedrooms and 2 bathrooms; Both residences are tenant‑occupied
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