$169,495
 $1,016 est/mo Sourced by Back At You

1306 North Irvington Avenue A &b,Tulsa, OK 74115

Tulsa, OK 74115

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Description

Investor Opportunity! Income-producing property with a tenant already in place and a current lease in effect through February 28, 2027, providing immediate and stable rental income. The property is currently leased at $1,640 per month with market rent estimated at approximately $1,850 per month, offering excellent upside potential. At the projected market rent, the property has the potential to exceed the sought-after 1% rule (approximately 1.03%) and offers an estimated 8.0% pro forma cap rate before property management expenses (buyer to verify all figures and perform their own due diligence). With no HOA, reasonable annual property taxes, and strong rental fundamentals, this is an attractive opportunity for investors seeking immediate cash flow with the potential for increased returns as rents are brought to market levels. Whether you're looking to expand your portfolio or complete a 1031 exchange, this property offers both current income and future appreciation potential. Currently professionally managed by PMI Realty Solutions.

Details

MLS #2626268
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1965
Days On Site83
Listing Provided ByPMI Green Country | Vikesh Patel

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,512
Story(s)1
Acreage0.16

Exterior

Lot FeaturesNone

Parking

Garage Yes / NoNo
Parking FeaturesShared Driveway

Taxes

Tax Annual Amount2447

Area Information

StateOK
CountyTulsa
CityTulsa
Zip Code74115
Community NameMAPLEWOOD EXT ADDN REPLAT
Listing VS Median (in MAPLEWOOD EXT ADDN REPLAT)
Price:
$169,495
low | high
Med:
$165,298
52.476474232278% of Average
sqft:
1,512
low | high
Med:
1,512
50% of Average
$ / sqft:
$112
low | high
Med:
$109
52.476474232278% of Average
On site:
83
low | high
Med:
71
100% of Average
Sourced by Back At You

Market Activity 74115

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Learn More About This Property

StateOK
CountyTulsa
CityTulsa
Zip Code74115
Community NameMAPLEWOOD EXT ADDN REPLAT
Listing VS Median (in MAPLEWOOD EXT ADDN REPLAT)
Price:
$169,495
low | high
Med:
$165,298
52.476474232278% of Average
sqft:
1,512
low | high
Med:
1,512
50% of Average
$ / sqft:
$112
low | high
Med:
$109
52.476474232278% of Average
On site:
83
low | high
Med:
71
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 8:02:05 AM PDT