Apartment
501-603 North Carlsbad Street, Owasso, OK 74055
For Sale
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The Owasso apartment market has seen rent growth, lower vacancy, and no additional units under construction.
Property SizeContact for details
Days on Market19
Property Features for 501-603 North Carlsbad Street
General Information
Standard status
Property subtype
Listing Agency:
Northmarq - Tulsa
Listed By:
Ethan Shaffer · License #176010
Source:
Crexi
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 8 at 4:24PM
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 Northmarq - Tulsa
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Investment Insights
Based on property information with market context.
Located at 501-603 North Carlsbad Street in Owasso, this property is identified as an apartment building. The surrounding submarket recorded 4.0% year-over-year rent growth and approximately 94% occupancy. Vacancy fell from 9.2% to 6.2% as the market absorbed about 240 units over the last 12 months, with no additional units under construction.
Owasso’s population has increased 12.7% since 2020, reaching approximately 43,117 residents. The submarket ranks fourth among 17 Tulsa-area submarkets tracked by CoStar.
Owasso’s population has increased 12.7% since 2020, reaching approximately 43,117 residents. The submarket ranks fourth among 17 Tulsa-area submarkets tracked by CoStar.
Key Highlights
- 4.0% year‑over‑year rent growth in the Owasso submarket
- Approximately 94% submarket occupancy; vacancy declined 3.0 percentage points to 6.2%
- About 240 units absorbed in the submarket over the last 12 months
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
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Business Placement
Demographics for 74055, OK
48,776
Population
19,539
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
958
Density / Sq Mi
$86,897
Median Household Income
$46,956
Median Earnings
$1,218
Median Rent
$261,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The Owasso apartment market has seen rent growth, lower vacancy, and no additional units under construction.
Where is this apartment building located?
The property is located at 501-603 North Carlsbad Street Owasso, OK.
What are key features of this property?
This property features: 4.0% year‑over‑year rent growth in the Owasso submarket; Approximately 94% submarket occupancy; vacancy declined 3.0 percentage points to 6.2%; About 240 units absorbed in the submarket over the last 12 months
