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Quaker Square Apartments 1150 S Quaker Ave 17 Unit Apartment Building $2,200,000 ($129,412/Unit) Tulsa, OK 74120
Executive Summary
Fully Renovated 17-Unit Multifamily Investment | Midtown Tulsa
Offered at $2,200,000, 1150 S Quaker Ave presents an opportunity to acquire a fully renovated 17-unit multifamily property in a highly desirable central Tulsa location.
The property has undergone extensive renovations, offering investors a modernized, turnkey asset positioned to attract tenants seeking convenient urban living. Improvements include updated interiors, appliances, cabinetry, flooring, HVAC and plumbing, complemented by gated access, off-street parking, on-site laundry and an inviting private courtyard.
Prime Central Tulsa Location
Located near the Cherry Street, Route 66 and Downtown Tulsa corridors, the property provides residents convenient access to some of Tulsa's most popular dining, shopping, entertainment and employment destinations.
Nearby destinations include:
• Cherry Street with a strong concentration of restaurants, coffee shops, nightlife and local retail
• Mother Road Market and the rapidly developing Route 66 corridor
• Downtown Tulsa, providing access to major employers, entertainment venues and nightlife
• Utica Square, one of Tulsa's premier shopping and dining destinations
• Hillcrest Medical Center and other major healthcare employers
• The University of Tulsa
• Gathering Place and Tulsa's riverfront recreation
• Convenient access to major Tulsa thoroughfares and highway connections
Popular nearby dining includes Roosevelt's, Kilkenny's Irish Pub, Nola's Creole & Cocktails and SMOKE. Woodfire Grill along the Cherry Street corridor, with Mother Road Market offering numerous additional food and retail concepts nearby.
With extensive renovations already completed and a location connecting Midtown, Downtown, Cherry Street and Route 66, 1150 S Quaker Ave offers investors a compelling opportunity to acquire a well-positioned multifamily asset in the heart of Tulsa.
Offering Price: $2,200,000
Units: 17
Property Type: Multifamily
Offered at $2,200,000, 1150 S Quaker Ave presents an opportunity to acquire a fully renovated 17-unit multifamily property in a highly desirable central Tulsa location.
The property has undergone extensive renovations, offering investors a modernized, turnkey asset positioned to attract tenants seeking convenient urban living. Improvements include updated interiors, appliances, cabinetry, flooring, HVAC and plumbing, complemented by gated access, off-street parking, on-site laundry and an inviting private courtyard.
Prime Central Tulsa Location
Located near the Cherry Street, Route 66 and Downtown Tulsa corridors, the property provides residents convenient access to some of Tulsa's most popular dining, shopping, entertainment and employment destinations.
Nearby destinations include:
• Cherry Street with a strong concentration of restaurants, coffee shops, nightlife and local retail
• Mother Road Market and the rapidly developing Route 66 corridor
• Downtown Tulsa, providing access to major employers, entertainment venues and nightlife
• Utica Square, one of Tulsa's premier shopping and dining destinations
• Hillcrest Medical Center and other major healthcare employers
• The University of Tulsa
• Gathering Place and Tulsa's riverfront recreation
• Convenient access to major Tulsa thoroughfares and highway connections
Popular nearby dining includes Roosevelt's, Kilkenny's Irish Pub, Nola's Creole & Cocktails and SMOKE. Woodfire Grill along the Cherry Street corridor, with Mother Road Market offering numerous additional food and retail concepts nearby.
With extensive renovations already completed and a location connecting Midtown, Downtown, Cherry Street and Route 66, 1150 S Quaker Ave offers investors a compelling opportunity to acquire a well-positioned multifamily asset in the heart of Tulsa.
Offering Price: $2,200,000
Units: 17
Property Type: Multifamily
Property Facts
| Price | $2,200,000 | Building Class | C |
| Price Per Unit | $129,412 | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 17,950 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 94% |
| No. Units | 17 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2025 |
| Property Subtype | Apartment | Parking Ratio | 0.55/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RM2 - Residential Multi-Family-2, which is a medium-density residential district | ||
| Price | $2,200,000 |
| Price Per Unit | $129,412 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 17,950 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2025 |
| Parking Ratio | 0.55/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM2 - Residential Multi-Family-2, which is a medium-density residential district |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,000 | 710 |
| Studios | 1 | $775.00 | 300 |
| 2+1 | 4 | $1,200 | 740 |
| 2+2 | 2 | $1,300 | 1,050 |
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Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 30775-93-07-09470 | Improvements Assessment | $72,886 |
| Land Assessment | $6,193 | Total Assessment | $79,079 |
Property Taxes
Parcel Number
30775-93-07-09470
Land Assessment
$6,193
Improvements Assessment
$72,886
Total Assessment
$79,079
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Quaker Square Apartments | 1150 S Quaker Ave