New-Build Duplex with
For Sale
$615,000
2304 E 4th Place A & B, Tulsa, OK 74104
Two matching residences include kitchen appliances, laundry equipment, garages, and additional off-street parking.
Property Size1,850 SF
Price / SF$332.43
Days on Market101
Property Features for 2304 E 4th Place A & B
General Information
Standard status
Active
Size
1,850 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Kendall-Whittier West
Road Access
Yes
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Building Details
Year Built
2025
Listing Agency:
Trinity Properties
Listed By:
Carri Ray · License #146052
(918) 520-7149
Source:
Thewolekgroup
Added: Jul 20
Changed: Oct 25
Last Checked: Oct 7 at 3:09PM
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 Trinity Properties
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Investment Insights
Based on property information with market context.
This 2025 duplex contains two comparable residences, each with three bedrooms and two-and-a-half bathrooms. Both homes include a refrigerator, oven, microwave, dishwasher, and washer/dryer, along with a one-car garage and off-street parking. The property is identified as 1,850 in size and is located at 2304 E 4th Place A & B in Tulsa’s Kendall-Whittier area.
The address places the duplex within walking distance of the Tulsa Farmers Market and Historic Kendall-Whittier Square, while Mother Road Market is less than a mile away. Master bedrooms feature views toward downtown, adding a distinct outlook to the new-build layout.
The address places the duplex within walking distance of the Tulsa Farmers Market and Historic Kendall-Whittier Square, while Mother Road Market is less than a mile away. Master bedrooms feature views toward downtown, adding a distinct outlook to the new-build layout.
Key Highlights
- Two‑unit duplex completed in 2025
- Each residence offers 3 bedrooms and 2.5 bathrooms
- Refrigerator, oven, microwave, dishwasher, and washer/dryer included in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,021
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,420
$360.4K
Cap Rate 7%
$257,443
$257.4K
Cap Rate 9%
$200,233
$200.2K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$28.4K $15.36/SF
− Vacancy
−$2.7K −$1.44/SF
EGI
$25.7K $13.92/SF
− OpEx
−$7.7K −$4.17/SF
NOI
$18.0K $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%
$360,420
Cap Rate 7%
$257,443
Cap Rate 9%
$200,233
Alternative Uses
Best Use
Multifamily LT 5
$257.4K
$225.3K – $300.4K
NOI $18,021 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$235.7K
$206.3K – $275.0K
NOI $16,502 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$394.6K
$345.3K – $460.3K
NOI $27,620 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,233
Businesses Nearby
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Business Placement
Demographics for 74104, OK
12,395
Population
6,367
Households
1.9
Avg Household Size
31
Median Age
46%
College-Educated
90%
High-School Grad
2.7 sq mi
ZIP Area
4,591
Density / Sq Mi
$51,886
Median Household Income
$30,951
Median Earnings
$1,109
Median Rent
$224,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences include kitchen appliances, laundry equipment, garages, and additional off-street parking.
Where is this duplex located?
The property is located at 2304 E 4th Place A & B Tulsa, OK.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Two‑unit duplex completed in 2025; Each residence offers 3 bedrooms and 2.5 bathrooms; Refrigerator, oven, microwave, dishwasher, and washer/dryer included in both units
