4739 Fulton AveTulsa, OK 74135

  • Specialty properties
  • 1,119 SF

Property Details for 4739 Fulton Ave

Year built
1978
Construction
WOOD FRAME
Lot size
2.90 AC
Property size (Sq ft)
1,119 SF
Zone code
RM1
Property type
Specialty properties
APN
01550-93-27-00230
APU
1550932700230

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $173,021
    Hospitality
    $158,486
    Educational
    $131,858
    Medical
    $136,393
    Retail
    $205,113

Location Insight

City
Tulsa
County
Tulsa
State
Oklahoma
Latitude
36.0938
Longitude
-95.9146
CBSA code
46140
CBSA name
TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$53,154
$34,251
$361,683
$395,934
-
$378,900
$4,001,100
$4,380,000

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