Tulsa, OK 74115
1306 North Irvington Avenue A &B, Tulsa, OK 74115
4 BD · 2 BA · 1,512 sq ft · Built 1965
Listing courtesy of PMI Green Country · Vikesh Patel · (918) 940-8811
The details
About this home
Investor Opportunity! Income-producing property with a tenant already in place and a current lease in effect through February 28, 2027, providing immediate and stable rental income. The property is currently leased at $1,640 per month with market rent estimated at approximately $1,850 per month, offering excellent upside potential. At the projected market rent, the property has the potential to exceed the sought-after 1% rule (approximately 1.03%) and offers an estimated 8.0% pro forma cap rate before property management expenses (buyer to verify all figures and perform their own due diligence). With no HOA, reasonable annual property taxes, and strong rental fundamentals, this is an attractive opportunity for investors seeking immediate cash flow with the potential for increased returns as rents are brought to market levels. Whether you're looking to expand your portfolio or complete a 1031 exchange, this property offers both current income and future appreciation potential. Currently professionally managed by PMI Realty Solutions.
Price history
History from MLS records since this home was listed.
Monthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $169,495 price, 20% down, 30-year fixed rate at 7.24% (APR 7.24%). Includes taxes and insurance; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.
An annual tax record is not available. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.
- Principal & interest
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- Property taxes
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- Home insurance
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- HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Oct 29, 2026, via FRED. An average, not a quote.
Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.
What will insurance cost on this home?
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Liberty Link Group · licensed insurance agency
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Liberty Link Group is a licensed Oklahoma insurance agency. A licensed agent will contact you.
A quote is not a policy or a binder. Coverage depends on the insurance company's review.
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Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
This is not a loan application, a rate quote, an offer of credit or a commitment to lend. Loan approval depends on the lender's review.
Equal Housing Opportunity.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
Recently sold nearby
Listing provided courtesy of Vikesh Patel, PMI Green Country · (918) 940-8811 · [email protected] . Status: Active.
Listing information provided by MLS Technology, Inc. (Tulsa).
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.
Listing data last updated Oct 30, 2026, 8:23 AM CT. MLS # 2626268. Displayed by Homestead & Co, a licensed Oklahoma real estate brokerage.
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