About this property

Rare multi-family Investment Opportunity in Midtown Tulsa! Discover Baltic Arms Apartments, an 18-unit multifamily investment property ideally situated in the heart of Midtown Tulsa near historic Route 66, the University of Tulsa, major medical employers, and Downtown Tulsa. Built in 1963, this stabilized property offers immediate income potential with an attractive opportunity for future value add. The property features predominantly studio-style units, with 15 of the 18 residences offering a studio floorplan. Currently averaging $728 per unit in monthly rent, Baltic Arms presents an opportunity for investors to capitalize on rental upside through strategic interior improvements and phased renovations. With a trailing 12-month net operating income of $63,667 and projected Year 1 NOI of $71,501, this property combines established cash flow, manageable scale, and value-add potential in a desirable Tulsa location. An excellent opportunity to expand your multifamily portfolio!

Features and Additional Information