Duplex with Modern
New
For Sale
$325,000
3808 W 55th St, Tulsa, OK 74107
Each residence offers three bedrooms, two bathrooms, and an open-plan layout with luxury vinyl flooring.
Property Size2,606 SF
Price / SF$124.71
Days on Market5
Property Features for 3808 W 55th St
General Information
Standard status
Active
Size
2,606 SF
Property subtype
Multi-Family
Building Details
Year Built
2024
Listing Agency:
C21/First Choice Realty
(918) 489-5014
Listed By:
Century 21 Wright Real Estate
(918) 456-5288
Source:
Century21wright
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 12 at 6:52PM
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 C21/First Choice Realty
Investment Insights
Based on property information with market context.
Completed in 2024, this duplex contains two residences, each with three bedrooms and two bathrooms. Open floor plans and modern finishes shape both interiors, with luxury vinyl flooring throughout. The property totals 2,606 square feet.
Both units were recently rented, with each previously generating $1,450 per month. Together, the two residences offer a stated rental income potential of $2,900 per month.
Both units were recently rented, with each previously generating $1,450 per month. Together, the two residences offer a stated rental income potential of $2,900 per month.
Key Highlights
- Built in 2024
- Two units, each with 3 bedrooms and 2 bathrooms
- 2,606 square feet total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,386
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,720
$507.7K
Cap Rate 7%
$362,657
$362.7K
Cap Rate 9%
$282,067
$282.1K
Market Conditions
NOI Build-Up for 2,606 SF
Gross rent
$40.0K $15.36/SF
− Vacancy
−$3.8K −$1.44/SF
EGI
$36.3K $13.92/SF
− OpEx
−$10.9K −$4.17/SF
NOI
$25.4K $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%
$507,720
Cap Rate 7%
$362,657
Cap Rate 9%
$282,067
Alternative Uses
Best Use
Multifamily LT 5
$362.7K
$317.3K – $423.1K
NOI $25,386 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$332.1K
$290.6K – $387.4K
NOI $23,245 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$555.8K
$486.3K – $648.5K
NOI $38,907 @ 7.0% cap · market cap 11.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
909
Businesses Nearby
Explore this area
Business Placement
Demographics for 74107, OK
19,453
Population
8,566
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
86%
High-School Grad
25.4 sq mi
ZIP Area
766
Density / Sq Mi
$53,098
Median Household Income
$36,274
Median Earnings
$938
Median Rent
$124,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, and an open-plan layout with luxury vinyl flooring.
Where is this duplex located?
The property is located at 3808 W 55th St Tulsa, OK.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Built in 2024; Two units, each with 3 bedrooms and 2 bathrooms; 2,606 square feet total
