$120,000

5420 N Frankfort Ave Tulsa, OK 74126

$1,425
Closing credit¹
3 beds
1 full
880 sqft
0.2 acres
$136 / sqft
House

Property details

About 5420 N Frankfort Ave

Turnkey Investment Opportunity – Fully Renovated & Rented. This fully renovated property is 100% rented with guaranteed payments through the Tulsa Housing Authority, ensuring consistent and reliable cash flow. Step inside to discover a modernized interior, thoughtfully updated to enhance tenant satisfaction and long-term occupancy. Whether you're looking to expand your portfolio or make your first investment, this low-maintenance property is ready to generate income from day one.

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air
Size880 sqft
Lot size0.165 Acres
Year built1960
ParkingAttached, Garage, Asphalt
MLS #2512404
Attached garage1 space
FireplaceOther

Summary

  • Full Bathrooms: 1
  • Appliances: Gas Water Heater, Other
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Laminate Counters
  • Fireplace: Other
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, Asphalt
  • Exterior: None
  • Architectural Style: Ranch
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • List Price: $120,000
  • Price/SqFt: $136
  • Annual Tax Amount: $701
  • Tax Year: 2023
  • Directions: HWY 75 TO 56TH ST NORTH GO WEST TO HARTFORD. SOUTH TO 54TH TURN WEST TO FRANKFORT. HOME ON WEST SIDE OF STREET
  • Year Built: 1960
  • Stories: 1
  • Living Area: 880 SqFt
  • Lot Size: 0.165 Acres
  • MLS Number: 2512404
  • MLS Name: TULSA
  • Office Name: Keller Williams Preferred
  • Office Phone: (918) 496-2252
  • Office Email: allredg@kw.com
  • Listing Agent: Tom O'Stasik

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: 5/1/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of property with brick siding, a patio, and a lawn

$120,000

5420 N Frankfort Ave

$1,425

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 14, 2021
Home Sold
$47,500
Jan 26, 2010
Home Sold
$90,000
Feb 13, 2007
Home Sold
$24,000

Tax history

YearAssessmentProperty Tax
2023$5,225$701
2022$5,225$701
2020$2,530$334
2019$2,530$347
2018$2,530$347
2017$2,530$347

History based on county public records data.

Nearby schools

2

John Hope Franklin Elementary School

Public District PK-5

0.3 mi

5550 N Martin Luther King Jr Blvd

3

Whitman Elementary School

Public District PK-5

1.5 mi

3924 N Lansing Ave

2

Hawthorne Elementary School

Public District PK-5

2.1 mi

1105 E 33rd St N

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 $22,683. Most Tulsa, OK residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

71%
<35k
29%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
33%
Single, with Kids
15%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
36%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • ChevroletChevrolet

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Tulsa, OK

Tulsa's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting and travel within the city and beyond. Public transportation services are available, providing connectivity across various neighborhoods. The city is also attentive to the needs of pedestrians and cyclists, with certain areas being particularly friendly to these modes of transport. Ongoing initiatives aim to enhance the efficiency and accessibility of Tulsa's transportation system.

The community is served by a comprehensive educational system, including numerous public and private schools that cater to a variety of educational needs. Tulsa is home to several healthcare facilities, offering a range of services from primary care to specialized treatments. The city's public library system is extensive, providing residents with access to a wealth of knowledge and resources. Retail and dining experiences in Tulsa reflect the local culture, with an emphasis on both traditional and innovative offerings.

Tulsa prides itself on a rich cultural tapestry, with a community that values its historical roots while embracing modern growth. The city is celebrated for its vibrant arts scene, including the annual Tulsa International Mayfest, which showcases local and international artists. The community's character is further defined by its commitment to preserving green spaces and promoting a family-friendly atmosphere.

Tulsa's housing market offers a diverse array of options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from historic bungalows to contemporary new builds. The market is complemented by a selection of apartments and townhouses, accommodating a range of preferences and lifestyles. The homeownership rate in Tulsa is robust, with a significant portion of residents owning their homes, while the remainder of the population resides in rental properties.

About 5420 N Frankfort Ave

The listing price of 5420 N Frankfort Ave property is $120,000.

The property 5420 N Frankfort Ave is a house located in Tulsa, Oklahoma, 74126.

Active Listing: 5420 N Frankfort Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5420 N Frankfort Ave are: John Hope Franklin Elementary School (GreatSchools Rating 2/10), Whitman Elementary School (GreatSchools Rating 3/10), Hawthorne Elementary School (GreatSchools Rating 2/10), Tulsa Legacy Charter School Inc (GreatSchools Rating 4/10), Monroe Demonstration Academy (GreatSchools Rating 2/10), Traice Middle School (GreatSchools Rating 2/10), McLain High School of Science and Technology (GreatSchools Rating 1/10), Traice (GreatSchools Rating 2/10), Booker T. Washington High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2023 is $701 (source: MLS/based on county public records data).

The last sale was on April 14, 2021 for $47,500 (source: MLS/tax record).

The property at 5420 N Frankfort Ave has 3 bedrooms and 1 bathroom.

The property 5420 N Frankfort Ave is 880 SqFt (source: MLS/tax record).

The year of construction for 5420 N Frankfort Ave is 1960.

This home is located at 5420 N Frankfort Ave in Tulsa, OK and zip code 74126. This 880 square foot home, which was built in 1960, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $120,000.

In March 2025, from all listings sold in Tulsa, OK there were more than 68 sold above asking price, over 196 sold below and more than 104 were sold right at the asked price. The inventory of homes for sale in Tulsa, OK between February and March 2025 increased by 7.9%. While the average time on the market in March 2025 was 41 days, the median list price was $240,363.

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

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