4700 Madison AveTulsa, OK 74105

Property Details for 4700 Madison Ave

Year built

1960

Lot size

1.76 AC

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.

Location Insight

City

Tulsa

County

Tulsa

State

Oklahoma

Latitude

36.0957

Longitude

-95.9798

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