$485,000
$10K PRICE DROP

721 S Olympia Ave Tulsa, OK 74127

Bunker Hill-Tower View Neighborhood

Estimated payment $3,154/month

Total Views 7,004
2 Beds
1 Bath
3,192 Sq Ft
$152 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Corner Lot
  • Covered patio or porch
  • Wood Flooring
  • No HOA
  • Balcony

About This Home

Profitable Investment Opportunity with this Spacious 8 bedroom and 4 bathroom quadplex in PRIME Tulsa location! This quadplex features four well-designed units, each with 2 bedrooms and 1 bath, perfect for both investors and tenants. With approximately 798 sqft of living space per unit, per tax records, this property is designed for comfort and convenience. Modern upgrades throughout include updated plumbing, tankless hot water, updated electrical systems, LVT flooring, stackable washer/dryer in each unit and appliances ensuring a hassle free experience for tenants. Property is currently 100% occupied, providing an immediate income stream for savvy investors. Just minutes from downtown Tulsa, it's a quick hop to a concert at the BOK Center, a ballgame with the Tulsa Drillers or easy access to to River Park trails which are perfect for biking and outdoor activities. Property is currently managed by a reputable management company, ensuring smooth operations and tenant satisfaction. This quadplex is not just a property; it's a fantastic investment opportunity in a growing area with high demand for rental units. Don't miss your change to own this versatile space that promises both immediate returns and long-term growth potential.

Listing Agent

Tonya Jarvis

RE/MAX Results License #174887 Listed on: 05/28/2025

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,698

Year Built

  • Built in 1925

Lot Details

  • 6,600 Sq Ft Lot
  • West Facing Home
  • Corner Lot

Home Design

  • Quadruplex
  • Colonial Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,192 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Vinyl Clad Windows
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Plumbed For Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Wayman Tisdale Fine Arts Academy Elementary School
  • Central Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling
  • Programmable Thermostat
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mitchell Crosbie Addn Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,698

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: From Charles Page Blvd turn South on Olympia Ave. House is on the left hand side
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Year Built: 1925
  • Lot Size Acres: 0.152
  • Subdivision Name: Mitchell-Crosbie addn
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: High Speed Internet, Laminate Counters, Cable TV, Wired for Data, Ceiling Fan(s), Gas Range Connection, Gas Oven Connection, Programmable Thermostat
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer, Plumbed For Ice Maker
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile, Wood
  • Living Area: 3192.0
  • Window Features: Vinyl

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Lot Features: Corner Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Direction Faces: West
  • Foundation Details: Crawlspace, Slab
  • Other Structures: None
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Other

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: No Safety Shelter, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Central
  • Elementary School: Wayman Tisdale Fine Arts Academy (Former Choutea)
  • Junior High Dist: Tulsa - Sch Dist (1)
  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 6600.0
  • Additional Parcels: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5698.0

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

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $485,000 -2.0% $152 / Sq Ft
05/28/2025 05/28/25 For Sale $495,000 +23.8% $155 / Sq Ft
04/08/2022 04/08/22 Sold $400,000 -5.9% $125 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $425,000 +669.2% $133 / Sq Ft
04/18/2017 04/18/17 Sold $55,250 +17.6% $17 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $47,000 -- $15 / Sq Ft
Source: MLS Technology

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Source: MLS Technology

MLS Number: 2522245

MLS Technology

Oklahoma Tulsa County Tulsa 74127 Bunker Hill-Tower View

721 S Olympia Ave, Tulsa, OK

This home is located at 721 S Olympia Ave, Tulsa, OK 74127 and is currently priced at $485,000, approximately $151 per square foot. This property was built in 1925. 721 S Olympia Ave is a home located in Tulsa County with nearby schools including Wayman Tisdale Fine Arts Academy, Central Middle School, and Central Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Tonya Jarvis
Listing Agent
Tonya Jarvis
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RE/MAX Results
(539) 265-2576