Property profile

6609 Lewis Ave Tulsa, OK 74136

OFF-MARKET
Apartment buildings
Property ID
US69-0028150
3.26 ac lot Built 1967
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional 107-unit apartment building, known as The Fairway, presents a compelling investment opportunity in Tulsa, Oklahoma. Located at 6609 S Lewis Ave, Tulsa, OK 74136, this Class C multifamily property boasts 69,838 square feet of net rentable space situated on a 3.26-acre lot. Built in 1967 and extensively renovated in 2020, The Fairway offers modernized interiors with upgraded kitchens and bathrooms, fresh paint, updated landscaping, and refurbished common areas. Amenities include a swimming pool and clubhouse. The property benefits from its prime South Tulsa location, offering easy access to major employment centers, retail corridors along South Lewis Avenue and Riverside Drive, and top-rated schools. The asking price is $6,500,000, translating to a price per unit of $60,747.66. The property enjoys a high occupancy rate, consistent rental income growth, and efficient expense management, making it an attractive investment with strong potential for long-term value appreciation. Attractive assumable financing is available at a competitive interest rate. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a thriving market.

Property profile

Verified
Property type Apartment buildings
Year built 1967
Lot 3.26 ac (142,006 SF)
UPID US69-0028150

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex
  • Apartment Complex

Location

6609 Lewis Ave Tulsa, OK 74136
Tulsa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2025
$6.2M
2019
$3.1M
2017
Price N/A
2016
Price N/A
2016
$4.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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