Two Duplexes on One
1315 S Carson Avenue Tulsa, OK 74119
1315 S Carson Avenue, Tulsa, OK, 74119
$419,000
For Sale
$419,000
Two duplex buildings on a single lot offering four units with washer/dryer hookups and dedicated parking.
Property Size3,794 SF
Price / SF$110.44
Days on Market229
Property Features for 1315 S Carson Avenue
General Information
- Standard status
- Active
- Size
- 3,794 SF
- Property subtype
- Fourplex
Building Details
- Year Built
- 1930
Listing agency
(918) 496-3333
Listed by
Coldwell Banker Select
(918) 857-1900
Source
Xome
Added: Dec 4, 2025 Updated: Jul 20 at 5:14PM Checked: Jul 21 at 3:11AM
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
Investment Insights
Based on property information with market context.
This property features two duplexes on one lot, providing four rental units with a combined 3,794 CH square feet. Per Tulsa County Assessor, unit #1315 includes 3 bedrooms and 1 bathroom in approximately 1,430 CH square feet, and unit #1317 includes 2 bedrooms and 2 bathrooms in approximately 1,350 CH square feet. The rear buildings include #1315-1/2 with 1 bedroom and 1 bathroom (approximately 489 CH square feet) and #1317-1/2 with 1 bedroom and 1 bathroom (approximately 525 CH square feet). Each unit has washer/dryer hookups and its own parking space.
The property is located at 1315 S Carson Avenue in Tulsa, OK 74119 and is zoned RS2.
A practical fit for investors looking for multiple units on one parcel, the layout is already separated into four income-producing spaces with assigned parking and laundry hookups.
The property is located at 1315 S Carson Avenue in Tulsa, OK 74119 and is zoned RS2.
A practical fit for investors looking for multiple units on one parcel, the layout is already separated into four income-producing spaces with assigned parking and laundry hookups.
Key Highlights
- Two duplex buildings on one lot with four total units for multi‑family living or investment.
- Total 3,794 CH SF with 7 bedrooms and 5 bathrooms across the four units (per Tulsa County Assessor).
- Unit mix per Assessor: #1315 (3 bed/1 bath, 1,430 CH SF), #1317 (2 bed/2 bath, 1,350 CH SF), and two rear units: 1 bed/1 bath each (489 & 525 CH SF).
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 | $58.3k | $15.36 |
| − Vacancy | −$5.5k | −$1.44 |
| EGI | $52.8k | $13.92 |
| − OpEx | −$15.8k | −$4.17 |
| NOI | $37.0k | $9.74 |
3,794 SF · lease $15.36/SF/yr · vacancy 9.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.0K
$462.0K – $616.0K
NOI $36,959 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$483.5K
$423.0K – $564.0K
NOI $33,842 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$809.2K
$708.1K – $944.1K
NOI $56,644 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Two duplex buildings on a single lot offering four units with washer/dryer hookups and dedicated parking.
Where is this quadplex located?
The property is located at 1315 S Carson Avenue Tulsa, OK.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Two duplex buildings on one lot with four total units for multi‑family living or investment.; Total 3,794 CH SF with 7 bedrooms and 5 bathrooms across the four units (per Tulsa County Assessor).; Unit mix per Assessor: #1315 (3 bed/1 bath, 1,430 CH SF), #1317 (2 bed/2 bath, 1,350 CH SF), and two rear units: 1 bed/1 bath each (489 & 525 CH SF).
