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Duplex with Fenced Outdoor Space
For Sale
$375,000

8601 E 62nd Place, Tulsa, OK 74133

Residential, Contemporary, Tulsa, OK

Property Size2,956 SF
Lot Size0.27 Acres
Price / SF$126.86
Days on Market49

Property Features for 8601 E 62nd Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Window features Aluminum Frames
Patio and Porch features Patio, Porch
Interior features Cable TV Wired, High Speed Internet, Internet Wired, Satellite Dish Wired
Exterior features Gutters, Sidewalk
Fencing Privacy
Fireplace 1
Appliances Dishwasher, Disposal, Range/Oven
Subdivision Burning Tree East
Lot features Corner Lot, Mature Trees
Elementary school Grove
High school Union
Elementary school district Union - Sch Dist (9)
Middle school district Union - Sch Dist (9)
High school district Union - Sch Dist (9)
Directions POB: Memorial & 61st - Go West on 61st for .2 miles to S 86th E Ave. Turn South the duplex will be on the East side of Rd.
Standard status Active
APN 75085-83-01-34840
Size 2,956 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LT 1 BLK 1 Burning Tree East
Tax Annual Amount 2279
Legal Description LT 1 BLK 1 Burning Tree East

Utilities

Utilities Cable Available
Heating system Central
Cooling system Central Air

Amenities

fireplace
covered front porch
covered back patio
privacy fenced yards
separate driveways
downstairs laundry

Building Details

Year built 1981
Floors in Building 2
Flooring type Tile, Vinyl, Carpet
Building materials Wood Frame
Roof type Fiberglass
Architectural style Contemporary
Listing Agency: Chinowth & Cohen
Listed By: Keli Smith
Added: Sep 4 Changed: Oct 15 Last Checked: Oct 22 at 1:06PM
MLS# 2632903

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.

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Investment Insights

Based on property information with market context.

This 1.5-story duplex contains two residences of approximately 1,478 square feet each, totaling 2,956 square feet on a 0.27-acre parcel. Each unit has three bedrooms, two bathrooms, a two-car garage, its own driveway, and a privacy-fenced outdoor area. Covered porches and patios extend the usable outdoor space. Interior features include vaulted ceilings, a gas-start wood-burning fireplace, separate dining areas, and downstairs laundry. The property was built in 1981 and has central heating and air conditioning.

The duplex is in Tulsa near Union schools, shopping, dining, everyday services, and major highways. Both units are occupied and currently generate income. The configuration also allows an owner to reside in one unit while the other remains occupied.

Key Highlights

  • Two units of approximately 1,478 SF each; 2,956 SF total
  • 0.27‑acre parcel in Tulsa
  • Both units have 3 bedrooms, 2 bathrooms, and a 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,699
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,980 $534.0K
Cap Rate 7%
$381,414 $381.4K
Cap Rate 9%
$296,656 $296.7K
Market Conditions
NOI Build-Up for 2,956 SF
Gross rent
$40.8K $13.80/SF
− Vacancy
−$2.7K −$0.90/SF
EGI
$38.1K $12.90/SF
− OpEx
−$11.4K −$3.87/SF
NOI
$26.7K $9.03/SF
Area
ZIP 74133
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,980
Cap Rate 7%
$381,414
Cap Rate 9%
$296,656

Alternative Uses

Best Use
Multifamily LT 5
$381.4K
$333.7K – $445.0K (±1% cap)
NOI $26,699 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$356.7K
$312.1K – $416.1K (±1% cap)
NOI $24,968 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$784.4K
$686.4K – $915.2K (±1% cap)
NOI $54,911 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
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Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

978
Businesses Nearby

Demographics for 74133, OK

48,331
Population
22,638
Households
2.1
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,528
Density / Sq Mi
$73,983
Median Household Income
$43,897
Median Earnings
$1,129
Median Rent
$254,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer three bedrooms, two bathrooms, and a two-car garage.
Where is this duplex located?
The property is located at 8601 E 62nd Place Tulsa, OK.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two units of approximately 1,478 SF each; 2,956 SF total; 0.27‑acre parcel in Tulsa; Both units have 3 bedrooms, 2 bathrooms, and a 2‑car garage
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