$1,050,000 $6,295 est/mo Sourced by Back At You
Multi-level building featuring a pitched shingle roof, exterior staircases, and an expansive paved surface parking area, situated on a lot with landscaped lawn space
Multi-level brick exterior building featuring a paved surface parking lot, expansive surrounding lawn areas, and mature tree canopy
Multi-family residence featuring a pitched shingle roof, masonry exterior, and an expansive paved parking area
Aerial view of a multi-unit property featuring an expansive asphalt parking lot, mature trees, and ground-level perimeter fencing
Aerial perspective featuring paved parking areas and multi-unit residential structures within a landscaped setting
Aerial perspective of multi-unit residential structures featuring pitched roofing and paved surface parking areas
Aerial perspective of the property featuring a multi-unit building with a pitched roof, dedicated surface parking, and mature trees situated within an established suburban setting
Aerial perspective of a multi-structure property featuring low-density building footprints, expansive paved parking areas, and mature landscaping
Aerial perspective of a multi-structure property featuring asphalt parking surfaces, expansive turf areas, mature trees, and proximity to municipal roadway infrastructure
Aerial perspective of multi-family property featuring low-rise masonry buildings, asphalt parking lots, and established tree cover
Aerial perspective featuring multi-building residential development, paved surface parking, expansive green space, and mature trees within a suburban setting
Aerial view featuring multi-unit structures with shingle roofing, paved surface parking lots, and established landscaping
Aerial perspective of a multi-unit property featuring a shingled gable roof, exterior masonry siding, paved surface parking, and manicured green space
Two-story building featuring a pitched shingle roof, expansive grass grounds, concrete walkways, and paved parking areas
Multi-unit residential structure featuring a shingle roof, masonry exterior, expansive grass lawn, and paved surface parking
Multi-level exterior featuring a shingled roof, light-toned siding, brick lower facade, and expansive open green space with paved walkways
Multi-level exterior featuring brick and siding finishes, composite shingle roofing, paved walkways, and expansive lawn space
Two-story exterior featuring masonry siding, a shingled roof, and an expansive paved parking surface
Multi-family exterior featuring masonry siding, a shingled roof, and a paved surface parking area
Two-story exterior featuring a stone and siding facade, an asphalt shingle roof, and a paved parking lot
Two-story exterior featuring a brick and horizontal siding facade, a gabled roofline, concrete parking area, and green space
Multi-unit structure featuring beige horizontal siding, masonry lower-level exterior, gabled roofline, and paved surface parking
Multi-story structure featuring horizontal siding, a light-toned brick base, a pitched roof, and an exterior metal staircase
Exterior featuring brick and horizontal siding, asphalt shingle roof, and expansive lawn enclosed by perimeter metal fencing
Two-story exterior featuring a brick and horizontal siding facade, shingled roof, concrete walkway, and expansive lawn
Fenced backyard featuring a concrete patio area, mature trees, and a brick exterior wall
Two-story multi-unit structure featuring a brick and horizontal siding exterior, gable roofline, concrete ground-level entryway, and expansive grassy grounds
Multi-unit property with a brick and siding exterior, asphalt shingle roof, expansive lawn, concrete walkways, and perimeter fencing
Description
Rare multi-family Investment Opportunity in Midtown Tulsa! Discover Baltic Arms Apartments, an 18-unit multifamily investment property ideally situated in the heart of Midtown Tulsa near historic Route 66, the University of Tulsa, major medical employers, and Downtown Tulsa. Built in 1963, this stabilized property offers immediate income potential with an attractive opportunity for future value add. The property features predominantly studio-style units, with 15 of the 18 residences offering a studio floorplan. Currently averaging $728 per unit in monthly rent, Baltic Arms presents an opportunity for investors to capitalize on rental upside through strategic interior improvements and phased renovations. With a trailing 12-month net operating income of $63,667 and projected Year 1 NOI of $71,501, this property combines established cash flow, manageable scale, and value-add potential in a desirable Tulsa location. An excellent opportunity to expand your multifamily portfolio!
Details
| MLS # | 2637417 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1963 |
| Days On Site | 21 |
| Listing Provided By | Ironstone Management Group LLC | Megan Dowell |
Features
| SQ Feet | 10,454 |
|---|---|
| Zoning | COM |
| Acreage | 0.72 |
Taxes
| Tax Annual Amount | 5631 |
|---|
Area Information
| State | OK |
|---|---|
| County | Tulsa |
| City | Tulsa |
| Zip Code | 74112 |
| Listing VS Median (in 74112) | |
Price: $1,050,000 low | high Med: $213,950 sqft: 10,454 low | high Med: 1,443 $ / sqft: $100 low | high Med: $148 On site: 21 low | high Med: 24 | |
Market Activity 74112
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Learn More About This Property
| State | OK |
|---|---|
| County | Tulsa |
| City | Tulsa |
| Zip Code | 74112 |
| Listing VS Median (in 74112) | |
Price: $1,050,000 low | high Med: $213,950 sqft: 10,454 low | high Med: 1,443 $ / sqft: $100 low | high Med: $148 On site: 21 low | high Med: 24 | |
Listing Updated: October 13, 2026 at 1:07:23 PM PDT