Property Description

*Back on the market due to no fault of the seller or property.* Quadplex that's really 4 + 2! Amazing opportunity to own 6 doors on a residential lot in Tulsa's newest neighborhood, the quickly up-and-coming Neon Quarter (formerly Forest Orchard). Cute colonial-style 4-plex with beautiful wood floors, 10' ceilings, with a bonus 2-unit ADU in the back that would make perfect Airbnb's. Main building has two 1/1 apartments on the main floor and a 2/1 and 1/1 on the second. Catch a neighborhood on a huge upswing with new condos being built at 1140 S Quincy and ground being broken for 4 more at 1244 S Quincy. Onyx apartments at 1314 S Quincy were fully repositioned. Imagine getting in on Cherry Street before Cherry Street became a thing. Near Cherry Street, 11th Street (Route 66), Maple Ridge, the Gathering Place and amazing restaurants like LoFi and Ava June. Close to downtown, The Pearl District, TU, and more. Perfect for investors or potentially the ultimate house-hack. Tenants pay electric and gas. All are on month-to-month leases. Rear 2-unit ADU comes with engineering report for renovations. 95% demo'd on the inside. It's a unique opportunity (read investment unicorn) because Tulsa no longer allows more than one unit in an ADU (building is considered non-conforming and allowed by Tulsa city code). 1437 S Peoria 4-plex recently sold for 550k, and that was a complete gut reno. This building comes with 2 more doors! Seller to close with T-Town Title. Listing agent has ownership interest in T-town Title Public is able to choose their own title company.

Property Features

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