#2512126, Georgia A Ernst, Listing office: McGraw, REALTORS
$469,500 List price
05504 E 5th Pl Tulsa, OK 74112
6 beds
4 full, 1 partial
3,136 sqft
0.3 acres
$150 / sqft
House
Property details
About 05504 E 5th Pl
RARE FIND – CASH-FLOWING, FULLY OCCUPIED HOME WITH TWO-STORY DUPLEX NEAR TU AND ADDITIONAL LAND AVAILABLE FOR PRIME DEVELOPMENT OR EXPANSION! This one of a kind Midtown Tulsa property generates $4,150/month in gross rent and includes the option to purchase an additional 0.52 +/- acre lot, along with exclusive rights to approximately 0.75 +/- acres of Burlington Northern Railroad Right-of-Way land—a rare development opportunity available only to the adjacent owner (see map for outline in photos). Located in the historic White City/Glen Haven neighborhood, just 1.5 miles from the University of Tulsa, this income-producing setup features an updated 3-bed, 2-bath main home with fresh paint, newly refinished original hardwood floors, a fenced backyard, spacious front porch, and large concrete back deck. The adjacent newer-construction two-story duplex is built on a thick slab with 6” studs on 12” centers. Both units have access to a private backyard. The upstairs unit includes 2 bedrooms, 1.5 bathrooms, a private entrance, and a balcony. The downstairs unit features 1 bedroom, 1 bathroom, and a private entrance. All units are tenant-occupied and fully turn-key, offering immediate income from day one. Also included is a garage with potential to convert into a studio unit, creating added rental upside. The additional 0.52 +/- acre lot (MLS# 2524445) is available for purchase and unlocks access to the 0.75 +/- acres of adjoining railroad land, ideal for added units, redevelopment, or a private compound. Prime location just a short walk to Braden Park, featuring a pond, playground, splash pad, picnic area, walking path, basketball and tennis courts. Only 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. A rare opportunity in a thriving Midtown corridor!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Natural Gas
StatusActive
CoolingCentral Air
Size3,136 sqft
Lot size0.295 Acres
Year built1940
ParkingAttached, Garage
MLS #2532685
Attached garage1 space
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Plumbed For Ice Maker
- Basement: No
- Flooring Type: Tile, Wood
- Interior: Granite Counters, Other, Vaulted Ceiling(s), Ceiling Fan(s), Electric Oven Connection, Electric Range Connection, Gas Range Connection, Gas Oven Connection
- Total Bedroom Count: 6
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached, Garage
- Exterior: Concrete Driveway, None
- Architectural Style: Craftsman
- Heating: Central, Electric, Natural Gas
- Cooling: Central Air
- List Price: $469,500
- Price/SqFt: $149
- Lot: Additional Land, Trees
- Directions: Starting from the intersection of East 11th Street (Route 66) and South Sheridan Road, head north on South Sheridan Road for approximately 0.5 miles, then turn left onto East 5th Place. Continue west on East 5th Place for about 0.3 miles, and 5504 E 5th Place will be on your right. Alternatively, from the intersection of East Admiral Place and South Sheridan Road, head south on South Sheridan Road for about 0.7 miles, turn right onto East 5th Place, and continue west for 0.3 miles—the property will be on your right. If coming from the intersection of East 11th Street (Route 66) and South Yale Avenue, head north on South Yale for roughly 0.5 miles, then turn right onto East 5th Place. Continue east for about 0.3 miles, and 5504 E 5th Place will be on your left. From the intersection of East Admiral Place and South Yale Avenue, head south on South Yale for about 0.7 miles, turn left onto East 5th Place, and drive east for 0.3 miles—the property will be on your left.
- Year Built: 1940
- Stories: 1
- Living Area: 3,136 SqFt
- Lot Size: 0.295 Acres
- MLS Number: 2532685
- MLS Name: TULSA
- Office Name: Keller Williams Advantage
- Office Phone: (918) 857-1767
- Listing Agent: Trish Ary
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:15:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
4
Bell Elementary School
Public District PK-5
0.7 mi
•6304 E Admiral Blvd
2
McKinley Elementary School
Public District PK-5
1.4 mi
•6703 E King St
4
Owen Elementary School
Public District PK-5
1.4 mi
•1132 N Vandalia Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,576. The most common annual income of people living in Tulsa, OK is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
48%
<35k
45%
35k-100k
5%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
10%
Single, with Kids
27%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
5%
12-17 yrs old
21%
18-34 yrs old
46%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Horse Races
Hiking/backpacking
Where do the neighbors shop?
Dillards
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
Logan's Roadhouse
LongHorn Steakhouse
Chipotle
What do the neighbors drive?
Hyundai
Buick
Mazda
What do the neighbors listen to?
Rock
Contemporary Inspirational
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 05504 E 5th Pl
The listing price of 05504 E 5th Pl property is $469,500.
The property 05504 E 5th Pl is a house located in Tulsa, Oklahoma, 74112.
Active Listing: 05504 E 5th Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 05504 E 5th Pl are: Bell Elementary School (GreatSchools Rating 4/10), McKinley Elementary School (GreatSchools Rating 2/10), Owen Elementary School (GreatSchools Rating 4/10), Tulsa Honor Academy Charter (GreatSchools Rating 3/10), Hale Middle School (GreatSchools Rating 2/10), Will Rogers College Middle School (GreatSchools Rating 3/10), Tulsa Honor Academy High School (GreatSchools Rating 4/10), Will Rogers College High School (GreatSchools Rating 4/10), Nathan Hale High School (GreatSchools Rating 2/10).
The property at 05504 E 5th Pl has 6 bedrooms and 4 full and 1 half bathrooms.
The property 05504 E 5th Pl is 3,136 SqFt (source: MLS/tax record).
The year of construction for 05504 E 5th Pl is 1940.
This home is located at 05504 E 5th Pl in Tulsa, OK and zip code 74112 in the White City neighborhood. This 3,136 square foot home, which was built in 1940, sits on a 0.29 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 30, 2025 and is currently priced at $469,500.
In July 2025 more than 83 listings in Tulsa, OK were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 205 were sold below. In July 2025 in Tulsa, OK there were 5.5% more homes for sale than in June. In July 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $241,705.
From Rocket Homes Real Estate and based on county public records data.