6609 Lewis Ave, Tulsa, OK 74136
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.
-
The Fairway Apartments Tulsa Apartment Complex
-
Southern Hills Villas Apartments Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
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.