Land for Sale - 5504 E 5th Pl, Tulsa, OK 74112 - 0.3 acres

Cash-flowing Tulsa triplex near TU with extra land for development!

5504 E 5th Pl, Tulsa, OK | Lat/Lng:  36.1525, -95.9149

$469,500
0.3 ac.
06/12/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

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 landa 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!

Details

CountyTulsa
Zipcode74112
Property Type OneResidential Property
BrokerageAry Land Co.| KW Advantage Land
Brokerage Linkhttps://land.com
Land Listing Agent Photo
Trish Ary
Ary Land Co.| KW Advantage Land
(918) 884-5263
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