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128-Unit Apartment Building
For Sale
Contact for pricing
Pending

12525 East 41st Street, Tulsa, OK 74146

Built in 1979, the community offers one- and two-bedroom layouts with interiors planned for renovation.

Property SizeContact for details
Days on Market143

Property Features for 12525 East 41st Street

General Information

Standard status Pending
Class B Class
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence primed for renovation

Additional Details

Asking Price $10,000,000
Multifamily Units 128

Building Details

Year Built 1979
Listing Agency: SVN | OAK Realty Advisors
Listed By: Dakota Owen · License #210600
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 31 at 8:54PM

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 SVN | OAK Realty Advisors

Investment Insights

Based on property information with market context.

This 128-unit apartment community at 12525 East 41st Street includes a mix of one- and two-bedroom residences. Constructed in 1979, the property has classic interior finishes and an established operating platform, with a renovation program focused on unit interiors and amenity improvements.

The asset is located in Tulsa’s East Tulsa submarket and is described as serving a workforce-oriented corridor with high occupancy, limited new supply, and proximity to major employers and infrastructure. Financial projections include an 8.44% cap rate, a 12.50% stabilized cash-on-cash return, and a 1.97x DSCR. The renovation plan projects average rent increases of $190 per unit and a 30.36% ROI on renovation spending.

Key Highlights

  • 128‑unit apartment community at 12525 East 41st Street, Tulsa, OK 74146
  • One- and two‑bedroom floor plans
  • Built in 1979 with classic interiors planned for renovation

Property Analytics

Current Use

Alexis Park Apartment Building

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

128
Residential units

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby

Demographics for 74146, OK

16,427
Population
6,138
Households
2.7
Avg Household Size
29
Median Age
8%
College-Educated
69%
High-School Grad
5.1 sq mi
ZIP Area
3,221
Density / Sq Mi
$43,905
Median Household Income
$30,543
Median Earnings
$831
Median Rent
$134,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1979, the community offers one- and two-bedroom layouts with interiors planned for renovation.
Where is this apartment building located?
The property is located at 12525 East 41st Street Tulsa, OK.
What are key features of this property?
This property features: 128‑unit apartment community at 12525 East 41st Street, Tulsa, OK 74146; One- and two‑bedroom floor plans; Built in 1979 with classic interiors planned for renovation
(918) 850-1779 Call to check price and availability
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