Midtown Tulsa Multifamily Investment
4747 S Darlington Ave, Tulsa, OK 74135
Value-add multifamily property in Tulsa's vibrant Midtown submarket.
Type:Multifamily
- Added:
- Feb 27, 2026
- Days on Market:
- 85
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 4747 S Darlington Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agent Paul Yazbeck License #TX 636988
Listing office The Multifamily Group
Listing date Feb 27, 2026
Source Crexi
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 The Multifamily Group
HighLights
- Value‑add opportunity to increase revenue through strategic improvements and increased occupancy.
- Strong submarket occupancy rate of 98% indicates high demand.
- Free and clear of existing debt, providing financial flexibility.
- Convenient location less than 10 miles from Downtown Tulsa, with easy access to employment, entertainment, and retail.
- Recent increase in February collections by 16% from January demonstrates positive financial momentum.
- Located in Midtown Tulsa, a vibrant and desirable submarket with premier cultural and outdoor amenities.
Overview
Midtown Reserve presents a value-add multifamily opportunity in Tulsa, Oklahoma. Constructed in 1965, the property comprises 87 units averaging 787 square feet. The property is currently 87% occupied, while the submarket demonstrates strong occupancy rates at 98%. Midtown Reserve is offered free and clear of existing debt. Value-add opportunities include completing the lease-up of renovated units that delivered in 2025 to increase occupancy to the submarket average of 98%. February collections totaled $70,191 (annualized $842,292), a 16% increase from January. Additional opportunities include increasing RUBS capture amount to meet comps in the area, currently capped at $75 per occupant (implemented March 2025 and includes electric, water/sewer, trash, gas and pest control), bringing the 4 non-revenue units back online, and enhancing curb appeal through an exterior renovation program involving exterior paint and updated signage. Located less than 10 miles from Downtown Tulsa, Midtown Reserve Apartments provides convenient access to the city’s primary employment hubs, entertainment districts, and major thoroughfares. Situated in Tulsa’s Stevenson/74135 area, the property is near retail and service destinations, including Parklane Shopping Center, Southroads, and the former Tulsa Promenade, each within an approximately four-minute drive. Midtown Tulsa is among the region’s vibrant and desirable submarkets, featuring corridors such as Brookside and Utica Square, along with cultural and outdoor amenities including The Gathering Place and Woodward Park.
Property Profile
Location Intelligence
Current Use by Public Records
Midtown Reserve Apartments
Apartment Building
SWISS LANDSCAPE
Landscaping
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Creek
- State
- Oklahoma
- Longitude
- -95.917203
- Latitude
- 36.094362
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add multifamily property in Tulsa's vibrant Midtown submarket.
Where is this apartment building located?
The property is located at 4747 S Darlington Ave Tulsa, OK.
What are key features of this property?
This property features: Value‑add opportunity to increase revenue through strategic improvements and increased occupancy.; Strong submarket occupancy rate of 98% indicates high demand.; Free and clear of existing debt, providing financial flexibility.
