RARE FIND CASH-FLOWING, FULLY OCCUPIED HOME WITH TWO-STORY DUPLEX NEAR TU AND ADDITIONAL LAND AVAILABLE FOR PRIME DEVELOPMENT OR EXPANSION! This one of a kind Midtown Tulsa property generates $4,150/month in gross rent and includes the option to purchase an additional 0.52 +/- acre lot, along with exclusive rights to approximately 0.75 +/- acres of Burlington Northern Railroad Right-of-Way landa rare development opportunity available only to the adjacent owner (see map for outline in photos). Located in the historic White City/Glen Haven neighborhood, just 1.5 miles from the University of Tulsa, this income-producing setup features an updated 3-bed, 2-bath main home with fresh paint, newly refinished original hardwood floors, a fenced backyard, spacious front porch, and large concrete back deck. The adjacent newer-construction two-story duplex is built on a thick slab with 6 studs on 12...
RARE FIND CASH-FLOWING, FULLY OCCUPIED HOME WITH TWO-STORY DUPLEX NEAR TU AND ADDITIONAL LAND AVAILABLE FOR PRIME DEVELOPMENT OR EXPANSION! This one of a kind Midtown Tulsa property generates $4,150/month in gross rent and includes the option to purchase an additional 0.52 +/- acre lot, along with exclusive rights to approximately 0.75 +/- acres of Burlington Northern Railroad Right-of-Way landa rare development opportunity available only to the adjacent owner (see map for outline in photos). Located in the historic White City/Glen Haven neighborhood, just 1.5 miles from the University of Tulsa, this income-producing setup features an updated 3-bed, 2-bath main home with fresh paint, newly refinished original hardwood floors, a fenced backyard, spacious front porch, and large concrete back deck. The adjacent newer-construction two-story duplex is built on a thick slab with 6 studs on 12 centers. Both units have access to a private backyard. The upstairs unit includes 2 bedrooms, 1.5 bathrooms, a private entrance, and a balcony. The downstairs unit features 1 bedroom, 1 bathroom, and a private entrance. All units are tenant-occupied and fully turn-key, offering immediate income from day one. Also included is a garage with potential to convert into a studio unit, creating added rental upside. The additional 0.52 +/- acre lot (MLS# 2524445) is available for purchase and unlocks access to the 0.75 +/- acres of adjoining railroad land, ideal for added units, redevelopment, or a private compound. Prime location just a short walk to Braden Park, featuring a pond, playground, splash pad, picnic area, walking path, basketball and tennis courts. Only 2.3 miles to Expo Square, 4 miles to Utica Square, under 5 miles to Downtown Tulsa, ONEOK Field, Cox Business Center, and the BOK Center, and 7 miles to The Gathering Place. A rare opportunity in a thriving Midtown corridor!
Starting from the intersection of East 11th Street (Route 66) and South Sheridan Road, head north on South Sheridan Road for approximately 0.5 miles, then turn left onto East 5th Place. Continue west on East 5th Place for about 0.3 miles, and 5504 E 5th Place will be on your right. Alternatively, from the intersection of East Admiral Place and South Sheridan Road, head south on South Sheridan Road for about 0.7 miles, turn right onto East 5th Place, and continue west for 0.3 milesthe property will be on your right. If coming from the intersection of East 11th Street (Route 66) and South Yale Avenue, head north on South Yale for roughly 0.5 miles, then turn right onto East 5th Place. Continue east for about 0.3 miles, and 5504 E 5th Place will be on your left. From the intersection of East Admiral Place and South Yale Avenue, head south on South Yale for about 0.7 miles, turn left onto East 5th Place, and drive east for 0.3 milesthe property will be on your left.
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