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    1915 S Boston Ave Tulsa, OK 74119

    View on Map
    Sponsored
    For Sale
    $949,000

    DUPLEX - Tulsa, OK

    Property size:
    2,974 SF
    Lot size:
    0.20 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 18 at 9:06 am

    Property Features for 1915 S Boston Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Aluminum Frames, Vinyl Frames
    Rooms
    Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Basement, Bathroom 3, Bathroom 1
    Bedrooms
    4
    Bathrooms
    4
    APN
    04375-92-12-00880
    Patio and Porch features
    Porch
    Interior features
    9' Ceiling Height
    Exterior features
    Sidewalk
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Dishwasher, Disposal, Range/Oven
    Size
    2,974 SF
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Ductless (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    1940
    Floors in Building
    2
    Flooring type
    Laminate, Carpet, Hardwood, Tile
    Building materials
    Wood Frame
    Roof type
    Fiberglass

    We can help!

    Listing Contact
    Krista Seffel

    Keller WIlliams Realty Advantage (918) 712-2252

    Listing agent Krista Seffel (918) 810-3850

    Listing date Mar 17, 2026

    MLS# 2609335 Listing URL

    Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Tulsa Quadplex: Prime Investment Opportunity

    Located in Tulsa's Maple Ridge, this quadplex presents a unique investment opportunity. Currently operating as a successful short-term rental, three of the four units are consistently booked with over 80% occupancy and positive reviews. The fourth unit is ready for conversion to increase income potential. All units are being sold furnished. The property includes two downstairs units: one with an open loft-style layout combining the bedroom, living area, and kitchen, and another with a traditional design featuring a separate living room, kitchen, and bath. The two upstairs units mirror the downstairs layouts, making the building versatile for both rental and owner-occupant use. There are two separate laundry rooms and one shared laundry room. Guests and tenants have access to a fenced inground pool and a direct backyard gate leading to the Midland Valley Trail, providing quick connections to Cherry Street, the SoBo District, River Parks, and The Gathering Place. Updates to the property include exterior paint in 2019, a new roof in 2020, refinished hardwoods in 2020, multiple new mini-splits installed between 2019 and 2025, refreshed kitchens and baths across units, and pool updates including a new sand filter in 2024. The property is situated on a 0.2-acre lot. The building size is 2974 square feet. This property offers immediate upside in a desirable neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Creek
    State
    Oklahoma
    Longitude
    -95.985579
    Latitude
    36.134375

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    FAQs

    What type of property is this?
    Quadplex - Quadplex in Maple Ridge, a successful short-term rental investment property.
    Where is this quadplex located?
    The property is located at 1915 S Boston Ave Tulsa, OK.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: - Successful short-term rental (Airbnb) investment with 80%+ occupancy and positive reviews.; - Prime location in Tulsa's desirable Maple Ridge neighborhood with direct backyard access to the Midland Valley Trail.; - **Inground pool and furnished units included in sale.**
    (918) 810-3850
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    1915 S Boston Ave Tulsa, OK 74119
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    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
    1915 S Boston Ave Tulsa, OK 74119
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    We can help!
    Listing Contact
    Krista Seffel
    Real Estate License ID: 182417
    (918) 810-3850 (918) 712-2252
    Learn more
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