4719 S Madison Ave
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4719 S Madison Ave
16 Unit Apartment Building $3,500,000 ($218,750/Unit) 6.06% Cap Rate Tulsa, OK 74105
Executive Summary
The Madison Duplexes are a recently renovated portfolio of duplexes located in the same cul-de-sac on contiguous lots in the south Brookside area of Tulsa, OK. Renovated in 2023, the duplex units have been remodeled with first-class amenities and highest quality of craftsmanship. The portfolio offers spacious three-bed units that included fenced backyards. This is a rare opportunity to acquire a quality asset in an ideal location with an award-winning design and proven business model.
Property Facts
Price | $3,500,000 | Apartment Style | Garden |
Price Per Unit | $218,750 | Building Class | C |
Sale Type | Investment | Lot Size | 1.76 AC |
Cap Rate | 6.06% | Building Size | 21,811 SF |
No. Units | 16 | No. Stories | 1 |
Property Type | Multifamily | Year Built/Renovated | 1960/2023 |
Property Subtype | Apartment | Parking Ratio | 0.78/1,000 SF |
Price | $3,500,000 |
Price Per Unit | $218,750 |
Sale Type | Investment |
Cap Rate | 6.06% |
No. Units | 16 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 1.76 AC |
Building Size | 21,811 SF |
No. Stories | 1 |
Year Built/Renovated | 1960/2023 |
Parking Ratio | 0.78/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Range
- Linen Closet
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
3+1.5 | 16 | $1,750 | 1,050 |
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Walk Score ®
Very Walkable (76)
zoning
Zoning Code | RM-1 (RM-1 zoning is a residential multi-family low density district.) |
RM-1 (RM-1 zoning is a residential multi-family low density district.) |
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4719 S Madison Ave
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