Stone-Front
New
For Sale
$200,000
621 E Xyler St, Tulsa, OK 74106
Each rental unit pairs a one-bedroom, one-bath layout with a separate flex room and a full set of kitchen and laundry appliances.
Property Size1,392 SF
Lot Size0.20 Acres
Price / SF$143.68
Days on Market4
Property Features for 621 E Xyler St
General Information
Standard status
Active
Size
1,392 SF
Lot size
0.20 Acres
Property subtype
Multi-Family
Occupancy
100%
Financials
Gross Income
$21,360
Average Monthly Rent
$890
Site & Location
Neighborhood
Area Councils for Community Action
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1930
Buildings
1
Tenancy
Multi
Listing Agency:
The Shockley Group
(918) 212-6122
Listed By:
Century 21 Wright Real Estate
(918) 456-5288
Source:
Century21wright
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 23 at 6:22AM
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 Shockley Group
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Investment Insights
Based on property information with market context.
This remodeled, stone-front duplex in Tulsa dates to 1930 and contains two matching units. Each offers one bedroom, one bathroom, and a 9x9 flex room. Interior features include original hardwood flooring, granite counters, vinyl windows, and central heating and air conditioning. Refrigerators, ranges, dishwashers, microwaves, and washer/dryers are included in both units. The property totals 1,392 square feet on a 0.20-acre lot, with a concrete driveway and off-street parking.
Both units are leased, and tenants pay their own utilities. The property is located minutes from downtown Tulsa and Crawford Park.
Both units are leased, and tenants pay their own utilities. The property is located minutes from downtown Tulsa and Crawford Park.
Key Highlights
- Two matching units, each with 1 bedroom, 1 bath, and a 9x9 flex room
- 1,392 square feet on a 0.20‑acre lot
- 1930 construction with stone exterior; remodeled interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,560
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,200
$271.2K
Cap Rate 7%
$193,714
$193.7K
Cap Rate 9%
$150,667
$150.7K
Market Conditions
NOI Build-Up for 1,392 SF
Gross rent
$21.4K $15.36/SF
− Vacancy
−$2.0K −$1.44/SF
EGI
$19.4K $13.92/SF
− OpEx
−$5.8K −$4.17/SF
NOI
$13.6K $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%
$271,200
Cap Rate 7%
$193,714
Cap Rate 9%
$150,667
Alternative Uses
Best Use
Multifamily LT 5
$193.7K
$169.5K – $226.0K
NOI $13,560 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$177.4K
$155.2K – $207.0K
NOI $12,417 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$296.9K
$259.8K – $346.4K
NOI $20,782 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
Explore this area
Business Placement
Demographics for 74106, OK
16,805
Population
8,341
Households
2
Avg Household Size
35
Median Age
17%
College-Educated
83%
High-School Grad
7.6 sq mi
ZIP Area
2,211
Density / Sq Mi
$37,714
Median Household Income
$31,022
Median Earnings
$816
Median Rent
$98,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each rental unit pairs a one-bedroom, one-bath layout with a separate flex room and a full set of kitchen and laundry appliances.
Where is this duplex located?
The property is located at 621 E Xyler St Tulsa, OK.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two matching units, each with 1 bedroom, 1 bath, and a 9x9 flex room; 1,392 square feet on a 0.20‑acre lot; 1930 construction with stone exterior; remodeled interiors
