Address not disclosed, Tulsa, OK 74112
Address not disclosed, Tulsa, OK 74112
Address not disclosed, Tulsa, OK 74112
Address not disclosed, Tulsa, OK 74112
Address not disclosed, Tulsa, OK 74112
Address not disclosed, Tulsa, OK 74112
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Gloria Buck

Gloria Buck

+1(918) 520-8301
$ 1,050,000
Est. payment | /mo

10,454 SqFt

Save
$ 1,050,000
Est. payment | /mo
Save

10,454 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 10,454 sqft

Price per Sqft $100

MLS Listing ID 2637417

HOA Y/N No

Total Fin. Sqft 10454

Year Built 1963

Annual Tax Amount $5,631

Tax Year 2019

Lot Size 0.718 Acres

Acres 0.718

Property Sub-Type Multi Family

Property Description

Rare multi-family Investment Opportunity in Midtown Tulsa! Discover Baltic Arms Apartments, an 18-unit multifamily investment property ideally situated in the heart of Midtown Tulsa near historic Route 66, the University of Tulsa, major medical employers, and Downtown Tulsa. Built in 1963, this stabilized property offers immediate income potential with an attractive opportunity for future value add. The property features predominantly studio-style units, with 15 of the 18 residences offering a studio floorplan. Currently averaging $728 per unit in monthly rent, Baltic Arms presents an opportunity for investors to capitalize on rental upside through strategic interior improvements and phased renovations. With a trailing 12-month net operating income of $63,667 and projected Year 1 NOI of $71,501, this property combines established cash flow, manageable scale, and value-add potential in a desirable Tulsa location. An excellent opportunity to expand your multifamily portfolio!

Location

State OK

County Tulsa

Interior

Interior Features None

Heating Central, Electric

Cooling Central Air

Fireplace No

Heat Source Central, Electric

Exterior

Exterior Feature None

Fence None

Utilities Available None

Water Access Desc Public

Roof Type Other

Building

Foundation Other

Lot Size Range 0.718

Sewer Public Sewer

Water Public

Structure Type Other

Schools

School District Tulsa - Sch Dist (1)

Listed by Ironstone Management Group LLC
Gloria Buck

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(918) 520-8301

gloria.thebuckteam@gmail.com

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