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Leased Duplex

1306 North Irvington Avenue A &B, Tulsa, OK 74115

For Sale
$169,495

An existing tenancy is covered by a lease running through February 28, 2027.

Property Size1,512 SF
Price / SF$112.10
Days on Market116

Property Features for 1306 North Irvington Avenue A &B

General Information

Standard status Active
Size 1,512 SF
Property subtype Duplex

Site & Location

Neighborhood Maplewood

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,447

Building Details

Building Size 1,512 SF
Year Built 1965
Listing Agency: PMI Green Country
Listed By: Vikesh Patel · License #210258
Source: Blacklabelagentsok
Added: Jul 17 Changed: Nov 8 Last Checked: Nov 8 at 3:17PM

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 PMI Green Country

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex in Tulsa contains 1,512 square feet and was built in 1965. A tenant occupies the property under a lease scheduled to continue through February 28, 2027. PMI Realty Solutions provides professional management. The property has no HOA.

Key Highlights

  • 1,512‑square‑foot duplex
  • Built in 1965
  • Tenant in place with lease through February 28, 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,729
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,580 $294.6K
Cap Rate 7%
$210,414 $210.4K
Cap Rate 9%
$163,656 $163.7K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$23.2K $15.36/SF
− Vacancy
−$2.2K −$1.44/SF
EGI
$21.0K $13.92/SF
− OpEx
−$6.3K −$4.17/SF
NOI
$14.7K $9.74/SF
Area
Tulsa, OK
Vacancy
9.40%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,580
Cap Rate 7%
$210,414
Cap Rate 9%
$163,656

Alternative Uses

Best Use
Multifamily LT 5
$210.4K
$184.1K – $245.5K (±1% cap)
NOI $14,729 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$192.7K
$168.6K – $224.8K (±1% cap)
NOI $13,487 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$322.5K
$282.2K – $376.2K (±1% cap)
NOI $22,574 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

Demographics for 74115, OK

24,461
Population
9,583
Households
2.6
Avg Household Size
32
Median Age
9%
College-Educated
72%
High-School Grad
16.0 sq mi
ZIP Area
1,529
Density / Sq Mi
$43,111
Median Household Income
$27,179
Median Earnings
$987
Median Rent
$74,900
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Tulsa, OK

$142 Jul
$156 Aug
$145 Sep
$147 Oct

Properties on Market for Duplexes in Tulsa

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - An existing tenancy is covered by a lease running through February 28, 2027.
Where is this duplex located?
The property is located at 1306 North Irvington Avenue A &B Tulsa, OK.
What is the asking price?
The asking price for this property is $169,495.
What are key features of this property?
This property features: 1,512‑square‑foot duplex; Built in 1965; Tenant in place with lease through February 28, 2027
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Includes: Price & PSF · Cap rate · Location · Zoning

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