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.
This two-bedroom, one-bathroom home 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. However, real estate commissions are available for agents with clients seeking long-term cash-flowing investments.
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 $1,325, starting 04/01 rent will be $1,365 (insurance $56.17, property tax $98.83). Don’t miss out—contact us today!
