Midtown Duplex With Two 2-Bed
1925 E 51st Place Tulsa, OK 74105
1925 E 51st Place, Tulsa, OK, 74105
$196,000
Pending
For Sale
$196,000
Pending
DUPLEX - Tulsa, OK
Property Size1,849 SF
Lot Size0.23 Acres
Days on Market14
Property Features for 1925 E 51st Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4
- Patio and Porch features
- Patio
- Interior features
- Cable TV Wired, High Speed Internet, Smoke Detector
- Exterior features
- Gutters
- Fencing
- Privacy
- Appliances
- Dishwasher, Disposal, Range/Oven
- Standard status
- Pending
- APN
- 17125-93-31-03910
- Size
- 1,849 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 3 BLOCK 1 GROVE MANOR ADDN RESUB
- Tax Annual Amount
- 1100
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Flooring type
- Tile, Wood veneer, Carpet
- Building materials
- Wood Frame
- Roof type
- Fiberglass
- Architectural style
- Ranch
Listing Agency
Keller Williams Preferred
(918) 496-2252
4745 E 91st Ste 100, Tulsa, OK
Listed by
Stacy Meeker · License #173938
(918) 496-2252
Added: Jul 7 Updated: Jul 11 at 8:49 pm Checked: Jul 20 at 4:06 pm
MLS# 2624027
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.
Investment Insights
Based on property information with market context.
This midtown duplex offers a practical two-unit setup, with each side featuring 2 bedrooms and 1 bathroom. Inside, both units include a spacious eat-in kitchen with abundant cabinet storage and a convenient indoor utility room. The bedrooms are designed with large closets, and the bathrooms provide additional storage. Recent updates include fresh paint, new carpet, and new flooring throughout. The property is being sold as-is.
Located at 1925 E 51st Place in Tulsa, Oklahoma (74105), the home sits in a Midtown area. Nearby are pickleball courts just a couple blocks away, along with a park for children and a walking/jogging path for daily exercise.
For buyers seeking flexibility, the duplex layout supports multiple living or income options. An owner-occupant can live in one unit while renting the other, while investors can evaluate the property as a straightforward residential income asset with consistent unit configurations on both sides. The combination of updates and functional interior features—like the indoor utility room and storage-focused kitchen and bath layouts—can help streamline day-to-day occupancy decisions.
Located at 1925 E 51st Place in Tulsa, Oklahoma (74105), the home sits in a Midtown area. Nearby are pickleball courts just a couple blocks away, along with a park for children and a walking/jogging path for daily exercise.
For buyers seeking flexibility, the duplex layout supports multiple living or income options. An owner-occupant can live in one unit while renting the other, while investors can evaluate the property as a straightforward residential income asset with consistent unit configurations on both sides. The combination of updates and functional interior features—like the indoor utility room and storage-focused kitchen and bath layouts—can help streamline day-to-day occupancy decisions.
Key Highlights
- Midtown duplex built in 1965 with a ranch architectural style
- 2 beds and 1 bath per unit (two total bedrooms and one bathroom on each side)
- Each side includes a spacious eat‑in kitchen with abundant cabinet storage and an indoor utility room
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.5k | $13.80 |
| − Vacancy | −$1.8k | −$0.98 |
| EGI | $23.7k | $12.82 |
| − OpEx | −$7.1k | −$3.85 |
| NOI | $16.6k | $8.97 |
1,849 SF · lease $13.80/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$237.0K
$207.4K – $276.5K
NOI $16,590 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$217.7K
$190.5K – $254.0K
NOI $15,239 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$452.6K
$396.1K – $528.1K
NOI $31,684 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two mirrored 2-bedroom, 1-bath units with eat-in kitchens and indoor utility rooms—suited for owner-occupants or investors.
Where is this duplex located?
The property is located at 1925 E 51st Place Tulsa, OK.
What is the asking price?
The asking price for this property is $196,000.
What are key features of this property?
This property features: Midtown duplex built in 1965 with a ranch architectural style; 2 beds and 1 bath per unit (two total bedrooms and one bathroom on each side); Each side includes a spacious eat‑in kitchen with abundant cabinet storage and an indoor utility room
