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Baltimore Arms Apartments 24 E 17th St 17 Unit Apartment Building For Sale Tulsa, OK 74119
Investment Highlights
- Historic Character, Thoroughly Modernized & Updated
- Additional Land & Infill Optionality
- Approximately ±0.57 acres included in the offering.
- Professional Management Upside
- Established 17-unit multifamily community in Tulsa's Midtown district.
Executive Summary
Baltimore Arms is a 17-unit multifamily asset located at 24 East 17th Street in Tulsa's Midtown area. The property consists of a mix of studio and one-bedroom apartment units and is positioned on approximately ±0.57 acres. Built in 1929, the asset offers investors the opportunity to acquire an established apartment community in a central Tulsa location with proximity to downtown employment, entertainment, dining, and cultural amenities.
The property's unit mix includes seven studio apartments and ten one-bedroom units, providing a diversified rent roll and housing options that appeal to a broad tenant base. Reported occupancy of 94.1% reflects existing resident demand, while the property's historic character and Midtown location contribute to its long-term positioning within one of Tulsa's most established urban neighborhoods.
In addition to the apartment improvements, the offering includes additional acreage that may provide future flexibility subject to local regulations and buyer due diligence. The location benefits from convenient access to major downtown corridors and the surrounding Midtown district, placing residents near employment centers, retail services, restaurants, and neighborhood amenities. The combination of an existing income-producing apartment community, established occupancy, and included land area creates an opportunity for investors seeking a multifamily asset within Tulsa's urban core.
The property's unit mix includes seven studio apartments and ten one-bedroom units, providing a diversified rent roll and housing options that appeal to a broad tenant base. Reported occupancy of 94.1% reflects existing resident demand, while the property's historic character and Midtown location contribute to its long-term positioning within one of Tulsa's most established urban neighborhoods.
In addition to the apartment improvements, the offering includes additional acreage that may provide future flexibility subject to local regulations and buyer due diligence. The location benefits from convenient access to major downtown corridors and the surrounding Midtown district, placing residents near employment centers, retail services, restaurants, and neighborhood amenities. The combination of an existing income-producing apartment community, established occupancy, and included land area creates an opportunity for investors seeking a multifamily asset within Tulsa's urban core.
Property Facts
| Sale Type | Investment | Lot Size | 0.28 AC |
| No. Units | 17 | Building Size | 9,700 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1929 |
| Apartment Style | Low-Rise | Parking Ratio | 2.06/1,000 SF |
| Building Class | C | ||
| Zoning | CH | ||
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 9,700 SF |
| No. Stories | 2 |
| Year Built | 1929 |
| Parking Ratio | 2.06/1,000 SF |
| Zoning | CH |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 400 - 450 |
| 1+1 | 16 | - | 575 - 700 |
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 42950-92-12-17490 | Improvements Assessment | $34,060 |
| Land Assessment | $1,871 | Total Assessment | $35,931 |
Property Taxes
Parcel Number
42950-92-12-17490
Land Assessment
$1,871
Improvements Assessment
$34,060
Total Assessment
$35,931
Contacts
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Mike Marrara -
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Chris Kennedy -
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