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    Modern Duplex in Tulsa Title is generated by Realmo AI

    3184 N Iroquois Avenue, Tulsa, OK 74106

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    For Sale
    $335,000

    DUPLEX - Tulsa, OK

    Property size:
    2,914 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $114/SF
    Added:
    Jan 23, 2026
    Days on Market:
    113
    Last Refresh:
    May 16 at 7:06 pm

    Property Features for 3184 N Iroquois Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    5
    Rooms
    Bedroom 5, Bathroom 5, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1
    Window features
    Vinyl Frames
    Patio and Porch features
    Porch
    Interior features
    Cable TV Wired, Smoke Detector
    Exterior features
    Gutters, Prof Landscaped, Sidewalk
    Fencing
    Chain Link
    Appliances
    Dishwasher, Microwave, Range/Oven, Refrigerator
    Standard status
    Active
    Size
    2,914 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 1 BLOCK 5 HARTFORD HILLS ADD
    Tax Annual Amount
    4376

    Utilities

    Utilities
    Cable Available
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2019
    Floors in Building
    2
    Flooring type
    Concrete, Tile
    Building materials
    Wood Frame
    Roof type
    Fiberglass

    We can help!

    Listing Contact
    Tracy Carr

    Listing agent Tracy Carr License #149049

    Listing office Keller Williams Advantage 2651 E 21 Ste 100, Tulsa, OK

    Listing date Jan 23, 2026

    MLS# 2602522 Listing URL

    Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 2019, this modern duplex boasts over 2,900 sq. ft. of living space.
    • Features seven bedrooms and five full bathrooms across two units.
    • Granite countertops are featured in both units.
    • Upper unit: 1,600 sq. ft., four bedrooms, three bathrooms, large primary suite.
    • Downstairs unit: 10‑foot ceilings, spacious kitchen, in‑unit laundry.
    • Two‑car garage with wall‑to‑wall storage and fully fenced yard.

    Overview

    Built in 2019, this modern stacked duplex offers over 2,900 sq. ft. of total living space with seven bedrooms and five full bathrooms. Both units feature open floor plans. The upper unit spans over 1,600 sq. ft., features granite counter tops and includes four bedrooms and three full bathrooms with a large primary suite located above the garage. The downstairs unit has 10-foot ceilings, large windows, granite countertops in kitchen and baths, a spacious kitchen and in-unit laundry. Additional features include an attached Projector with a 110" automatic projector screen, a two-car garage with wall-to-wall storage, a large L-shaped covered front porch and a fully fenced yard. The apple trees in the yard have produced abundant harvests. Designed for owner-occupants or investors, this duplex offers a highly functional layout, strong rental potential and modern finishes throughout. The property is located in Tulsa, OK, with a lot size of 0.171 acres.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $315.4K
    NOI $28,386 @ 9.00% cap · cautious / downside scenario
    Moderate
    $405.5K
    NOI $28,386 @ 7.00% cap · market / base-case scenario
    Aggressive
    $567.7K
    NOI $28,386 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $44.8k $15.36
    − Vacancy −$4.2k −$1.44
    EGI $40.6k $13.92
    − OpEx −$12.2k −$4.17
    NOI $28.4k $9.74
    2,914 SF · lease $15.36/SF/yr · vacancy 9.40% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $405.5K
    $354.8K – $473.1K (±1% cap)
    NOI $28,386 @ 7.0% cap · market cap 8.47%
    Second Best
    Apartment 5plus
    $371.3K
    $324.9K – $433.2K (±1% cap)
    NOI $25,993 @ 7.0% cap · market cap 7.76%
    Theoretical Best
    Office A
    $621.5K
    $543.8K – $725.1K (±1% cap)
    NOI $43,506 @ 7.0% cap · market cap 12.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tulsa
    County
    Creek
    State
    Oklahoma
    Longitude
    -95.98326
    Latitude
    36.201697

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    FAQs

    What type of property is this?
    Duplex - 2019 duplex with modern finishes, strong rental potential.
    Where is this duplex located?
    The property is located at 3184 N Iroquois Avenue Tulsa, OK.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: Built in 2019, this modern duplex boasts over 2,900 sq. ft. of living space.; Features seven bedrooms and five full bathrooms across two units.; Granite countertops are featured in both units.
    (918) 712-2252
    We can help!
    Listing Contact
    Tracy Carr
    Real Estate License ID: 149049
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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