For sale by owner
  • $199,900

    4611 E 4th Pl, Tulsa, OK 74112

    3beds
    1,154sqft
    : 
    SingleFamily
    Built in 1940
    7,000 Square Feet Lot
    $164,100 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    Stylish backsplashSleek black granite countertopsDurable tile flooringOriginal hardwood floorsAmple cabinet storageBright open space
    This charming property combines original character with modern updates, making it a great home and investment opportunity. The home features original hardwood floors that bring warmth and charm to the living spaces, while the kitchen and bathroom have durable tile flooring for easy maintenance. The living room seamlessly connects to the dining area, creating a bright, open space filled with natural light. The kitchen has been updated with a stylish backsplash and sleek black granite countertops, adding a touch of elegance. It also offers ample cabinet storage, providing plenty of space for essentials. Additional conveniences include a laundry room with outdoor access and a stand-alone garage with a separate workspace—perfect for hobbies, storage, or DIY projects. This garage can be converted into another rental unit for additional income from the same property. It can be furnished for higher rental rates or doing short term vacation rentals or mid-term furnished rentals. Inside this three-bedroom, one-bathroom home boasts a spacious 10-foot long wall-to-wall closet in one of the bedrooms, offering abundant storage solutions. It is investment-ready, offering cash flow from Day 1 with a long-term tenant already in place and no vacancy concerns. Tenants just extended their lease through August 31st, 2026. Additionally, you will get the Security Deposit of $1,295 at closing to lower the cash needed to close. For added convenience, the property can also come with a low-cost property manager, ensuring hassle-free ownership for out-of-town investors. The seller is also offering SELLER FINANCING through a Contract for Deed with the following terms: - Low 10% down payment - 10% interest rate - 45-year amortization for lower monthly payment For investors, this property is ideally located near University of Tulsa and other local amenities, making it a desirable and low-maintenance addition to your portfolio. Please note: inquiries are welcome from buyers looking to expand their own portfolio, not wholesalers. With its combination of original features, modern updates, reliable cash flow, and minimal management needs, 4611 E 4th Pl presents a fantastic opportunity, selling at $199,900 @ 7.25% cap rate. Current monthly rent is $1,365 (insurance $75.75, property tax $103.75). Don’t miss out—contact us today to seize this promising investment opportunity!
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    on Zillow
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