$480,000

1516 S Elwood Ave Tulsa, OK 74119

$5,700
Closing credit¹
3 beds
2 full
1,912 sqft
0.2 acres
$251 / sqft
House

Property details

About 1516 S Elwood Ave

Rare Craftsman Gem offering dual living spaces, just minutes from vibrant Downtown Tulsa, Cherry Street, Riverside, and The Gathering Place! This beautifully maintained, fully operational Airbnb is a true turn-key investment, or an ideal setup for multi-generational living with its versatile layout. Offered fully furnished, all items inside are negotiable with strong offer. The main level features two generous Bedrooms, a chic full Bathroom, bright Living Room with cozy fireplace, elegant Formal Dining, a dedicated Home Office with Balcony access, plus an airy Loft-style second Living Area. Step outside to the standout treehouse-style Deck with spiral staircase—perfect for relaxing or entertaining. The lower level walk-out MIL suite offers a private entrance, one Bedroom, one Bathroom, a Kitchenette, and its own Living Space. The 1-car garage has been transformed into a versatile, climate-controlled workspace. Whether investing or nesting, this flexible property offers space, style, and unbeatable location.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Natural Gas, Multi Unit(s), Other
StatusActive
CoolingCentral Air, Other, Multi Unit(s)
Size1,912 sqft
BasementYes
Lot size0.158 Acres
Year built1925
ParkingAttached, Garage, Workshop in Garage
MLS #2520359
Attached garage1 space
FireplaceWood Burning

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer, Plumbed For Ice Maker
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Attic, Wet Bar, Granite Counters, High Ceilings, Cable TV, Vaulted Ceiling(s), Ceiling Fan(s), Gas Range Connection, Gas Oven Connection
  • Fireplace: Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, Workshop in Garage
  • Exterior: Concrete Driveway, Landscaping, Rain Gutters
  • Architectural Style: Craftsman
  • Heating: Central, Electric, Natural Gas, Multi Unit(s), Other
  • Cooling: Central Air, Other, Multi Unit(s)
  • List Price: $480,000
  • Price/SqFt: $251
  • Annual Tax Amount: $4,423
  • Tax Year: 2023
  • Lot: Fruit Trees, Trees, Sloped
  • Directions: Riverside Drive to Denver then go Left on 17th and follow to property.
  • Year Built: 1925
  • Living Area: 1,912 SqFt
  • Lot Size: 0.158 Acres
  • MLS Number: 2520359
  • MLS Name: TULSA
  • Office Name: MORE Agency
  • Office Phone: (918) 884-7718
  • Office Email: carol@moreagency.us
  • Listing Agent: Lindsay Canady

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: 5/21/2025, 4:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1516 S Elwood Ave, Tulsa, OK 74119 - bungalow-style home featuring a porch and stucco siding

$480,000

1516 S Elwood Ave

$5,700

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 19, 2022
Home Sold
$395,000
Oct 28, 2016
Home Sold
$162,000

Tax history

YearAssessmentProperty Tax
2023$32,951$4,423
2022$19,647$2,637
2020$17,820$2,471
2019$17,820$2,447
2018$17,820$2,443
2017$17,820$2,443

History based on county public records data.

Nearby schools

6

Council Oak Elementary School

Public District PK-5

0.7 mi

1920 S Cincinnati Ave

1

Eugene Field Elementary School

Public District PK-5

0.9 mi

2249 S Phoenix Ave

8

Deborah Brown Community School

Public Charter PK-3

1.2 mi

2 S Elgin Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,809. Most Tulsa, OK residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

62%
<35k
32%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

86%
Single, No Kids
5%
Single, with Kids
8%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
3%
12-17 yrs old
14%
18-34 yrs old
51%
35-64 yrs old
27%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Horse RacesHorse Races
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • CadillacCadillac
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • JazzJazz
  • NewsNews
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1516 S Elwood Ave

The listing price of 1516 S Elwood Ave property is $480,000.

The property 1516 S Elwood Ave is a house located in Tulsa, Oklahoma, 74119.

Active Listing: 1516 S Elwood Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1516 S Elwood Ave are: Council Oak Elementary School (GreatSchools Rating 6/10), Eugene Field Elementary School (GreatSchools Rating 1/10), Deborah Brown Community School (GreatSchools Rating 8/10), Tulsa School Arts Sciences Middle School (GreatSchools Rating 5/10), Central Middle School (GreatSchools Rating 2/10), Carver Middle School (GreatSchools Rating 5/10), Tulsa School Arts Sciences High School (GreatSchools Rating 7/10), Central High School (GreatSchools Rating 1/10), Kipp Tulsa University Preparatory (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $4,423 (source: MLS/based on county public records data).

The last sale was on August 19, 2022 for $395,000 (source: MLS/tax record).

The property at 1516 S Elwood Ave has 3 bedrooms and 2 bathrooms.

The property 1516 S Elwood Ave is 1,912 SqFt (source: MLS/tax record).

The year of construction for 1516 S Elwood Ave is 1925.

This home is located at 1516 S Elwood Ave in Tulsa, OK and zip code 74119 in the Riverview neighborhood. This 1,912 square foot home, which was built in 1925, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 18, 2025 and is currently priced at $480,000.

Over 93 listings were sold over their listed price in April 2025 in Tulsa, OK. In the same period over 196 listings were sold below the listed price and 109 listings were sold for the listed price. In April 2025 in Tulsa, OK there were 6.1% more homes for sale than in March. In April 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $241,395.

From Rocket Homes Real Estate and based on county public records data.

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