$469,500

Estimated payment $2,741/month

Total Views 204,487
6 Beds
4.5 Baths
3,136 Sq Ft
$150 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Deck
  • Wood Flooring
  • Mature Trees
  • Vaulted Ceiling
  • Granite Countertops

About This Home

RARE FIND – CASH-FLOWING, FULLY OCCUPIED HOME WITH TWO-STORY DUPLEX NEAR TU AND ADDITIONAL LAND AVAILABLE FOR PRIME DEVELOPMENT OR EXPANSION! This one of a kind Midtown Tulsa property generates $4,150/month in gross rent and includes the option to purchase an additional 0.52 +/- acre lot, along with exclusive rights to approximately 0.75 +/- acres of Burlington Northern Railroad Right-of-Way land—a rare development opportunity available only to the adjacent owner (see map for outline in photos). Located in the historic White City/Glen Haven neighborhood, just 1.5 miles from the University of Tulsa, this income-producing setup features an updated 3-bed, 2-bath main home with fresh paint, newly refinished original hardwood floors, a fenced backyard, spacious front porch, and large concrete back deck.
The adjacent newer-construction two-story duplex is built on a thick slab with 6” studs on 12” centers. Both units have access to a private backyard. The upstairs unit includes 2 bedrooms, 1.5 bathrooms, a private entrance, and a balcony. The downstairs unit features 1 bedroom, 1 bathroom, and a private entrance. All units are tenant-occupied and fully turn-key, offering immediate income from day one. Also included is a garage with potential to convert into a studio unit, creating added rental upside. The additional 0.52 +/- acre lot (MLS# 2524445) is available for purchase and unlocks access to the 0.75 +/- acres of adjoining railroad land, ideal for added units, redevelopment, or a private compound. Prime location just a short walk to Braden Park, featuring a pond, playground, splash pad, picnic area, walking path, basketball and tennis courts. Only 2.3 miles to Expo Square, 4 miles to Utica Square, under 5 miles to Downtown Tulsa, ONEOK Field, Cox Business Center, and the BOK Center, and 7 miles to The Gathering Place. A rare opportunity in a thriving Midtown corridor!

Listing Agent

Trish Ary

Keller Williams Advantage License #175069 Listed on: 07/30/2025

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • North Facing Home
  • Chain Link Fence
  • Mature Trees
  • Additional Land

Parking

  • 1 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Wood Frame Construction
  • Fiberglass Roof
  • HardiePlank Type
  • Asphalt

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Aluminum Window Frames
  • Insulated Doors
  • Crawl Space
  • Storm Windows
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven
  • Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Bell Elementary School
  • Rogers High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Glenhaven Amd Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,775

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Directions: Starting from the intersection of East 11th Street (Route 66) and South Sheridan Road, head north on South Sheridan Road for approximately 0.5 miles, then turn left onto East 5th Place. Continue west on East 5th Place for about 0.3 miles, and 5504 E 5th Place will be on your right. Alternatively, from the intersection of East Admiral Place and South Sheridan Road, head south on South Sheridan Road for about 0.7 miles, turn right onto East 5th Place, and continue west for 0.3 miles—the property will be on your right. If coming from the intersection of East 11th Street (Route 66) and South Yale Avenue, head north on South Yale for roughly 0.5 miles, then turn right onto East 5th Place. Continue east for about 0.3 miles, and 5504 E 5th Place will be on your left. From the intersection of East Admiral Place and South Yale Avenue, head south on South Yale for about 0.7 miles, turn left onto East 5th Place, and drive east for 0.3 miles—the property will be on your left.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1940
  • Lot Size Acres: 0.295
  • Subdivision Name: Glenhaven amd
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: One
  • Efficiency: Doors, Windows
  • Building Stories: 1
  • Structure Type: House
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Granite Counters, Other, Vaulted Ceiling(s), Ceiling Fan(s), Electric Oven Connection, Electric Range Connection, Gas Range Connection, Gas Oven Connection
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Plumbed For Ice Maker
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Tile, Wood
  • Living Area: 3136.0
  • Window Features: Aluminum Frames, Storm Window(s), Insulated Windows

Exterior Features

  • Exterior Features: Concrete Driveway, None
  • Fencing: Chain Link
  • Lot Features: Additional Land Available, Mature Trees
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Wood Frame
  • Direction Faces: North
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Roof: Asphalt, Fiberglass

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, High Speed Internet Available, Water Available
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: No Safety Shelter
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Association: No

Schools

  • High School: Rogers
  • Elementary School: Bell
  • Junior High Dist: Tulsa - Sch Dist (1)

Lot Info

  • Lot Size Sq Ft: 12853.0
  • Additional Parcels: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1775.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,657 $13,709 $1,200 $12,509
2023 $1,657 $13,057 $1,911 $11,146
2022 $1,658 $12,435 $1,820 $10,615
2021 $1,564 $11,843 $1,733 $10,110
2020 $1,469 $11,279 $1,651 $9,628
2019 $1,472 $10,742 $1,572 $9,170
2018 $1,405 $10,230 $1,980 $8,250
2017 $1,402 $10,230 $1,980 $8,250
2016 $1,373 $10,230 $1,980 $11,770
2015 $1,850 $13,750 $1,980 $11,770
2014 $1,832 $13,750 $1,980 $11,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $469,500 -- $150 / Sq Ft
Source: MLS Technology

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Delta Title & Escrow Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $124,159 Commercial
Previous Owner $119,817 Future Advance Clause Open End Mortgage
Previous Owner $90,048 New Conventional
Previous Owner $96,000 New Conventional
Source: Public Records

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Source: MLS Technology

MLS Number: 2532685

MLS Technology

APN: 16325-93-03-04250