Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1705 11Th St Oklahoma City, OK 73106

    • Residential income homes
    • 1,800 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0556701
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1705 11Th St

    Year built
    2024
    Property size
    1,800 SF
    Property type
    Residential income homes

    Description

    This exceptional Class A multifamily investment opportunity presents four newly constructed (2024) single-family homes located at 1705 NW 11th St, Oklahoma City, OK 73106. The portfolio boasts a total of 1,800 square feet across four two-story buildings, each featuring three bedrooms and two and a half bathrooms. Each home includes a one-car garage with a built-in storm shelter, providing both convenience and safety. High-end finishes are prevalent throughout, including soaring ceilings, open-concept living areas, gourmet kitchens with stainless steel appliances and quartz countertops, and spacious primary suites with private balconies and luxurious ensuite bathrooms. The thoughtful design incorporates abundant cabinetry, LED lighting, and a central kitchen island in each unit. Upstairs, a conveniently located utility closet serves all bedrooms. Guest bedrooms offer generous closet space and share a well-appointed bathroom. This property represents a compelling investment opportunity in a desirable Oklahoma City location, offering a blend of modern luxury and urban convenience. The asking price for this turnkey portfolio is $1,700,000. The property's prime location and high-quality construction make it an attractive option for discerning investors seeking strong rental income and potential appreciation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5394696
    Latitude
    35.4808797

    Comparable in this City

    • $500,000
      2,974 SF

      Income-Producing Duplex Near Plaza District

      Investor opportunity: duplex near Plaza District, generating immediate cash flow.
      1615 NW 16Th St, Oklahoma City, OK 73106
      View Details
    • $635,000
      3,537 SF

      Oklahoma City Four-Plex Investment

      Turnkey four-plex in Oklahoma City with income potential.
      1810 NW 11Th St, Oklahoma City, OK 73106
      View Details
    • $889,000
      3,096 SF

      Renovated Duplex with Garage Apartments

      Updated duplex with two furnished garage apartments in Historic Gatewood.
      1805 N Gatewood Ave, Oklahoma City, OK 73106
      View Details
    • $595,000
      4,616 SF

      Remodeled Multifamily Investment Opportunity

      Five remodeled units near OCU, Midtown, and Paseo.
      1818 NW 29Th St, Oklahoma City, OK 73106
      View Details
    • New
      $230,000
      Pending

      Oklahoma City Duplex For Sale

      Centrally located duplex with convenient access to Oklahoma City amenities.
      1101 NW 27Th St, Oklahoma City, OK 73106
      View Details
    • $375,000
      2,928 SF

      Oklahoma City Multi-Use Building

      Versatile 2,928 SF building, ideal for various uses.
      1245 N.W. 2nd Street, Oklahoma City, OK 73106
      View Details

    Similar Nearby for Sale

    • $500,000
      2,974 SF

      Income-Producing Duplex Near Plaza District

      Investor opportunity: duplex near Plaza District, generating immediate cash flow.
      1615 NW 16Th St, Oklahoma City, OK 73106
      View Details
    • $635,000
      3,537 SF

      Oklahoma City Four-Plex Investment

      Turnkey four-plex in Oklahoma City with income potential.
      1810 NW 11Th St, Oklahoma City, OK 73106
      View Details
    • $889,000
      3,096 SF

      Renovated Duplex with Garage Apartments

      Updated duplex with two furnished garage apartments in Historic Gatewood.
      1805 N Gatewood Ave, Oklahoma City, OK 73106
      View Details
    • $595,000
      4,616 SF

      Remodeled Multifamily Investment Opportunity

      Five remodeled units near OCU, Midtown, and Paseo.
      1818 NW 29Th St, Oklahoma City, OK 73106
      View Details
    • New
      $230,000
      Pending

      Oklahoma City Duplex For Sale

      Centrally located duplex with convenient access to Oklahoma City amenities.
      1101 NW 27Th St, Oklahoma City, OK 73106
      View Details
    • $375,000
      2,928 SF

      Oklahoma City Multi-Use Building

      Versatile 2,928 SF building, ideal for various uses.
      1245 N.W. 2nd Street, Oklahoma City, OK 73106
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      2,928 SF

      Oklahoma City Multi-Use Building

      Versatile 2,928 SF building, ideal for various uses.
      1245 N.W. 2nd Street, Oklahoma City, OK 73106
      View Details
    • $18 SF/Yr
      1,300 SF

      Retail Suite on S. Western

      Retail space with high visibility and quality finishes.
      8605 S Western Ave, Oklahoma City, OK 73106
      View Details
    • $20 SF/Yr
      820 SF

      Retail Space in Farmers Market

      Unique retail space in Oklahoma City's Farmers Market District.
      211-219 S Klein Ave, Oklahoma City, OK 73106
      View Details
    • $550 /Mo
      225 SF

      Single Room Office Space

      Single room office space for rent with large window.
      4001 N Classen Blvd, Oklahoma City, OK 73106
      View Details
    • $3,850 /Mo
      5,500 SF

      Warehouse with Office Space

      Warehouse space with office, accessible to major interstates.
      6710 N Classen Blvd, Oklahoma City, OK 73106
      View Details
    • $16 SF/Yr
      10,594 SF

      Retail Space with High Visibility

      Retail space in a busy corridor with ample parking.
      9001 S Western Ave, Oklahoma City, OK 73106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1705 11Th St
    Oklahoma City, OK 73106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.