#2438340, Dariela Gonzalez, Listing office: Chinowth & Cohen
$485,000 List price
721 S Olympia Ave Tulsa, OK 74127
2 beds
1 full
3,192 sqft
0.2 acres
$152 / sqft
Multi-Family
Property details
About 721 S Olympia Ave
Profitable Investment Opportunity with this Spacious 8 bedroom and 4 bathroom quadplex in PRIME Tulsa location! This quadplex features four well-designed units, each with 2 bedrooms and 1 bath, perfect for both investors and tenants. With approximately 798 sqft of living space per unit, per tax records, this property is designed for comfort and convenience. Modern upgrades throughout include updated plumbing, tankless hot water, updated electrical systems, LVT flooring, stackable washer/dryer in each unit and appliances ensuring a hassle free experience for tenants. Property is currently 100% occupied, providing an immediate income stream for savvy investors. Just minutes from downtown Tulsa, it's a quick hop to a concert at the BOK Center, a ballgame with the Tulsa Drillers or easy access to to River Park trails which are perfect for biking and outdoor activities. Property is currently managed by a reputable management company, ensuring smooth operations and tenant satisfaction. This quadplex is not just a property; it's a fantastic investment opportunity in a growing area with high demand for rental units. Don't miss your change to own this versatile space that promises both immediate returns and long-term growth potential.
Highlights
Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size3,192 sqft
Lot size0.152 Acres
Year built1925
MLS #2522245
Summary
- Full Bathrooms: 1
- Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer, Plumbed For Ice Maker
- Basement: No
- Flooring Type: Tile, Wood
- Interior: High Speed Internet, Laminate Counters, Cable TV, Wired for Data, Ceiling Fan(s), Gas Range Connection, Gas Oven Connection, Programmable Thermostat
- Total Bedroom Count: 2
- Exterior: None
- Architectural Style: Colonial
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $485,000
- Price/SqFt: $151
- Annual Tax Amount: $5,907
- Tax Year: 2023
- Lot: Corner Lot
- Directions: From Charles Page Blvd turn South on Olympia Ave. House is on the left hand side
- Year Built: 1925
- Stories: 2
- Living Area: 3,192 SqFt
- Lot Size: 0.152 Acres
- MLS Number: 2522245
- MLS Name: TULSA
- Office Name: RE/MAX Results
- Office Phone: (918) 376-6400
- Office Email: lorio@remax.net
- Listing Agent: Tonya Jarvis
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: 7/31/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 11, 2022 | Home Sold | $400,000 |
| Jun 30, 2005 | Home Sold | $80,000 |
| Mar 02, 2005 | Home Sold | $60,000 |
| Mar 02, 2005 | Home Sold | $68,000 |
| Aug 04, 2004 | Home Sold | $68,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $44,000 | $5,907 |
| 2022 | $6,105 | $819 |
| 2020 | $6,105 | $806 |
| 2019 | $6,105 | $838 |
| 2018 | $6,105 | $754 |
| 2017 | $5,500 | $754 |
History based on county public records data.
Nearby schools
2
Project Accept Traice Elementary School
Public District KG-6
0.8 mi
•1202 W Easton St
8
Deborah Brown Community School
Public Charter PK-3
1.1 mi
•2 S Elgin Ave
1
Eugene Field Elementary School
Public District PK-5
1.2 mi
•2249 S Phoenix 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 $27,348. The most common annual income of people living in Tulsa, OK is less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
68%
<35k
30%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
49%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Rhythmic Contemporary Hits
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 721 S Olympia Ave
The listing price of 721 S Olympia Ave property is $485,000.
The property 721 S Olympia Ave is a multi located in Tulsa, Oklahoma, 74127.
Active Listing: 721 S Olympia Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 721 S Olympia Ave are: Project Accept Traice Elementary School (GreatSchools Rating 2/10), Deborah Brown Community School (GreatSchools Rating 8/10), Eugene Field Elementary School (GreatSchools Rating 1/10), 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 $5,907 (source: MLS/based on county public records data).
The last sale was on April 11, 2022 for $400,000 (source: MLS/tax record).
The property 721 S Olympia Ave is 3,192 SqFt (source: MLS/tax record).
The year of construction for 721 S Olympia Ave is 1925.
This home is located at 721 S Olympia Ave in Tulsa, OK and zip code 74127. This 3,192 square foot home, which was built in 1925, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $485,000.
In June 2025, from all listings sold in Tulsa, OK there were more than 85 sold above asking price, over 190 sold below and more than 93 were sold right at the asked price. The inventory of homes for sale in Tulsa, OK between May and June 2025 increased by 1.8%. The median list price of listings available in June 2025 was $242,223, while the average time on the real estate market was 29 days.
From Rocket Homes Real Estate and based on county public records data.