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Two-Building Apartment Investment
For Sale
Contact for pricing
Pending

506 E Greeley Street, Broken Arrow, OK 74012

Two apartment buildings totaling eight units with a mix of 1- through 3-bedroom layouts.

Property SizeContact for details
Days on Market148

Property Features for 506 E Greeley Street

General Information

Standard status Pending
Property subtype Industrial

Additional Details

Multifamily Units 8
Listing Agency: Coldwell Banker Select Real Estate Broken Arrow
Listed By: Charles Causey · License #OK
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 4 at 10:14PM

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 Coldwell Banker Select Real Estate Broken Arrow

Investment Insights

Based on property information with market context.

This multifamily property consists of two buildings with a total of eight apartment units. The unit mix includes five 1-bedroom units, two 2-bedroom units, and one 3-bedroom unit. Tenants pay utilities, and the owner pays water.

The property is offered for sale at 506 E Greeley Street in Broken Arrow, Oklahoma (74012).

In-place unit sizes range from 1-bedroom to 3-bedroom configurations, providing a straightforward mix across the eight apartments.

Key Highlights

  • Two apartment buildings totaling 8 units
  • Unit mix: five 1‑bedroom, two 2‑bedroom, and one 3‑bedroom apartment
  • Tenants pay utilities; owner pays water

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Parking Lot & Garage Locksmith Pet Grooming Service Clothing & Fashion Store

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

931
Businesses Nearby

Demographics for 74012, OK

63,918
Population
26,069
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
94%
High-School Grad
24.8 sq mi
ZIP Area
2,577
Density / Sq Mi
$80,079
Median Household Income
$44,321
Median Earnings
$1,211
Median Rent
$223,100
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 - Two apartment buildings totaling eight units with a mix of 1- through 3-bedroom layouts.
Where is this apartment building located?
The property is located at 506 E Greeley Street Broken Arrow, OK.
What are key features of this property?
This property features: Two apartment buildings totaling 8 units; Unit mix: five 1‑bedroom, two 2‑bedroom, and one 3‑bedroom apartment; Tenants pay utilities; owner pays water
More about this property
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