$84,500
For Sale

1 E 5th Place

Tulsa, OK 74112
Browse 26 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

RARE MIDTOWN TULSA DEVELOPMENT OPPORTUNITY – 0.52 +/- ACRES WITH INCOME POTENTIAL & EXCLUSIVE EXPANSION RIGHTS!
Unlock over 1.5 +/- acres of prime Midtown real estate in one of Tulsa’s fastest-growing corridors! This 0.52 +/-acre parcel is being offered alongside 5504 E 5th Pl, Tulsa, OK 74112 (MLS# 2524128)—a fully leased, income-producing property featuring a 3-bed, 2-bath home and a newer two-story duplex generating $4,150/month in gross rent on 0.30 +/- acres.
What makes this offering truly unique is the exclusive right to purchase approximately 0.75 +/- acres of Burlington Northern Railroad Right-of-Way land, available only to the adjacent owner—an unmatched development opportunity in the heart of Midtown Tulsa.
Located in the historic White City/Glen Haven neighborhood, just 1.5 miles from the University of Tulsa, this parcel offers endless potential for new construction, infill development, added units, or a private compound.
Enjoy walkability to Braden Park, featuring a pond, playground, splash pad, picnic area, walking path, basketball and tennis courts. You’re also just 2.3 miles to Expo Square, 4 miles to Utica Square, under 5 miles to Downtown Tulsa, ONEOK Field, Cox Business Center, and the BOK Center, and 7 miles to The Gathering Place.
Whether you're an investor seeking immediate income, a builder looking to develop, or simply prefer to buy and hold as Tulsa continues to grow—this is the kind of opportunity you don’t want to miss.
Act fast—listings like this rarely hit the market in Midtown!

  • Property Details
      • Utility FeaturesElectricity Available
      • School DistrictTulsa - Sch Dist (1)
      • SubdivisionGlenhaven amd
      • Sewer InformationPublic Sewer
      • Lot DescriptionSubdivision
      • Property SubtypeResidential
      • Property TypePurchase
      • Original List Price$84,500
      • MLS #2524445
      • MLS #2524445
      • Utility SourcePublic
      • Acres0.515
      • CountyTulsa
      • Cost84500
      • Taxes Annual$27
      • Days on Market (Cumulative)69

Location

Laura EdwardsReal Estate Group
OR

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