4700 Madison Ave Tulsa, OK 74105
- Apartment buildings
- 1.76 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 4700 Madison Ave
- Year built
- 1960
- Lot size
- 1.76 lot acres
- Property type
- Apartment buildings
Description
This exceptional 16-unit apartment building, located at 4700 S Madison Ave, Tulsa, OK 74105, presents a compelling investment opportunity. The property, totaling 16,800 square feet of net rentable space, boasts 94% occupancy and comprises eight single-story buildings situated on a 1.76-acre lot in a quiet cul-de-sac. Built in 1960 and extensively renovated in 2023, each of the 16 units features a spacious three-bedroom layout, providing residents with ample living space. Further enhancing the appeal, each unit includes an attached garage and a fenced-in backyard, offering both convenience and privacy. The property benefits from superior craftsmanship and modern interior finishes, including all new windows and best-in-class upgrades. Its strategic location near the vibrant Brookside District provides residents with easy access to The Gathering Place and the River Parks trail system, offering a blend of urban convenience and tranquil residential living. The asking price is $3,200,000, representing a price per unit of $200,000. This property offers strong rental potential and promising returns, making it an attractive addition to any investment portfolio. Extensive siding and paint work complete the recent renovations.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tulsa
- County
- Tulsa
- State
- Oklahoma
- Longitude
- -95.9798
- Latitude
- 36.0957
