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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
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
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

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.)
  • Listing ID: 32544093

  • Date on Market: 7/22/2024

  • Last Updated:

  • Address: 4719 S Madison Ave, Tulsa, OK 74105

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