4739 Fulton Ave Tulsa, OK 74135-6914
This well-maintained 88-unit apartment building, constructed in 1978, presents a compelling investment opportunity in Tulsa, Oklahoma. Located at 4739 S Fulton Ave, Tulsa County, zip code 74135, this gated and access-controlled property boasts a current occupancy rate of 94%, demonstrating strong tenant demand. Significant recent capital expenditures have minimized deferred maintenance, making this a turnkey asset. The property's strategic location offers proximity to St. Francis Hospital, a major Tulsa employer, and key employment corridors along Highway 51 and Interstate 44. A simple, proven value-add strategy—installing washers and dryers in the remaining units—offers the potential for a substantial return on investment, estimated at up to 24%. This multifamily property represents a rare opportunity to acquire a well-positioned, high-performing asset with significant upside potential in a thriving market. The property is situated in a desirable submarket, further enhancing its investment appeal. This is an exceptional opportunity for investors seeking a stable, income-generating asset with clear potential for growth.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RM1 · Tulsa, OKTulsa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.