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Gated Multifamily Community with Pool
For Sale
Contact for pricing
Pending

2340 W Newton St, Tulsa, OK 74127

64-unit multifamily community in six buildings with a pool, sauna, and hot tub amenities.

Property SizeContact for details
Days on Market121

Property Features for 2340 W Newton St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 64

Building Details

Tenancy Multi
Listing Agency: First Commercial Real Estate Services Corporation
Listed By: Melanie Richardson · License #OK 141806
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 6:39AM

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 First Commercial Real Estate Services Corporation

Investment Insights

Based on property information with market context.

Oak Creek at Gilcrease is a fenced and gated multifamily community in Tulsa comprising 64 units across six buildings. Originally built as condos in the early 1980s, the property offers a range of floor plans from studio-style layouts and one-bedroom options to two-bedroom, two-bath townhouse designs with attached two-car garages. Residents have access to on-site community amenities including a pool, sauna, and hot tub.

The community is located at 2340 W Newton St, Tulsa, OK 74127. The property includes ponds, waterfalls, and streams running throughout the grounds. The steel cantilevered gate was replaced in 2018. For buyers, the current Freddie Mac loan must be assumed, and the seller will pay a 1% assumption fee.

Key Highlights

  • 64‑unit multifamily community in 6 buildings
  • Originally built as condos in the early 1980s
  • Unit mix includes studio, 1‑bedroom, and 2‑bedroom 2‑bath townhouse layouts with attached 2‑car garages

Property Analytics

Current Use

Oak Creek Apartments ... Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Hair Salon Spa & Massage Center

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

64
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 74127, OK

15,669
Population
7,474
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
85%
High-School Grad
21.3 sq mi
ZIP Area
736
Density / Sq Mi
$47,287
Median Household Income
$29,981
Median Earnings
$955
Median Rent
$120,600
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 - 64-unit multifamily community in six buildings with a pool, sauna, and hot tub amenities.
Where is this apartment building located?
The property is located at 2340 W Newton St Tulsa, OK.
What are key features of this property?
This property features: 64‑unit multifamily community in 6 buildings; Originally built as condos in the early 1980s; Unit mix includes studio, 1‑bedroom, and 2‑bedroom 2‑bath townhouse layouts with attached 2‑car garages
More about this property
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