5504 E 5th Place, Tulsa, OK 74112
Local realty services provided by:Better Homes and Gardens Real Estate Winans
5504 E 5th Place,Tulsa, OK 74112
$439,500
- 6 Beds
- 5 Baths
- 3,136 sq. ft.
- Single family
- Active
Listed by:trish ary
Office:keller williams advantage
MLS#:2532685
Source:OK_NORES
Price summary
- Price:$439,500
- Price per sq. ft.:$140.15
About this home
INCOME-PRODUCING PROPERTY NEAR TU—FEATURING A FULLY LEASED HOME PLUS A TWO-STORY DUPLEX AND OPTION TO PURCHASE ADDITIONAL LAND FOR FUTURE DEVELOPMENT OR EXPANSION. This one of a kind Midtown Tulsa property 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!
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Home facts
- Year built:1940
- Listing ID #:2532685
- Added:3 day(s) ago
- Updated:September 09, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:4
- Living area:3,136 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric, Gas
Structure and exterior
- Year built:1940
- Building area:3,136 sq. ft.
- Lot area:0.29 Acres
Schools
- High school:Rogers
- Elementary school:Bell
Finances and disclosures
- Price:$439,500
- Price per sq. ft.:$140.15
- Tax amount:$1,775 (2024)
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