Charming 3-Bedroom Investment Property – Great Cash Flow Opportunity
This 3-bedroom, 1-bath home offers 850 sq ft of living space on a quiet street in North Tulsa. The property features a brand new roof installed in July 2025, and a new water heater installed in 2022. It sits on a generous 0.16-acre lot, providing a nice-sized yard with room to add value.
The home is currently tenant-occupied on a month-to-month lease at $795/month, offering immediate rental income for investors. Interior needs a full renovation, making it ideal for those looking to flip or improve and hold.
Conveniently located near parks, schools, and highway access, this home is a solid opportunity to build equity in a growing area.
Sold for $65,000
$65,000
1206 E 50th St N, Tulsa, OK 74126
3beds
850sqft
SingleFamily
Built in 1950
6,969 Square Feet Lot
$118,400 Zestimate®
$76/sqft
$1,033 Estimated rent
Home value
$118,400
$94,000 - $143,000
$1,033/mo
Zestimate® history
Owner options
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$1,033/mo
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$1,033/mo
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$314/mo
Est. payment
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$314/mo
Est. payment
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List your homeWhat's special
Nice-sized yardQuiet streetFull renovationBrand new roofNew water heater
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Freezer, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet
Interior area
- Total interior livable area: 850 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Other, Vinyl
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 05725021203540
Construction
Type & style
- Home type: SingleFamily
Materials
- Stone
- Foundation: Crawl/Raised
- Roof: Composition
Condition
- Year built: 1950
Community & HOA
Community
- Features: On Site Laundry Available
Location
- Region: Tulsa
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $46,305
- Annual tax amount: $683
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2025 | Sold | $65,000-12.2%$76/sqft |
Source: Public Record Report a problem | ||
| 7/23/2025 | Pending sale | $74,000$87/sqft |
Source: Owner Report a problem | ||
| 7/6/2025 | Listed for sale | $74,000-83.6%$87/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/5/2020 | Listing removed | $795$1/sqft |
Source: Owner Report a problem | ||
| 2/17/2020 | Listed for rent | $795$1/sqft |
Source: Owner Report a problem | ||
| 1/24/2013 | Sold | $450,000+12757.1%$529/sqft |
Source: Public Record Report a problem | ||
| 5/15/2012 | Sold | $3,500$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $683 +8.8% | $5,094 +5% |
| 2024 | $628 +7.1% | $4,851 +5% |
| 2023 | $586 0% | $4,620 +5% |
| 2022 | $587 +20.9% | $4,400 +19.8% |
| 2021 | $485 +1.4% | $3,674 |
| 2020 | $479 -4.9% | $3,674 |
| 2019 | $503 +0.1% | $3,674 -25.8% |
| 2018 | $503 -26% | $4,950 |
| 2017 | $680 +2.3% | $4,950 |
| 2016 | $665 | $4,950 |
| 2015 | $665 -0.2% | $4,950 |
| 2014 | $666 | $4,950 +500% |
| 2013 | -- | $825 |
| 2012 | -- | $825 |
| 2011 | -- | $825 |
| 2010 | -- | $825 -64.6% |
| 2009 | -- | $2,332 +18.7% |
| 2008 | -- | $1,964 +5% |
| 2007 | -- | $1,871 +5% |
| 2006 | -- | $1,782 +5% |
| 2005 | -- | $1,697 +4.9% |
| 2004 | $191 | $1,617 |
| 2003 | -- | $1,617 +10.2% |
| 2002 | -- | $1,467 +5% |
| 2001 | -- | $1,397 |
| 2000 | -- | $1,397 |
Find assessor info on the county website
Neighborhood: 74126
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Nearby schools
GreatSchools rating
- 2/10Greenwood Leadership AcademyGrades: PK-5Distance: 4 mi
- 2/10Central Middle SchoolGrades: 6-8Distance: 5.1 mi
- 1/10Central High SchoolGrades: 9-12Distance: 5.1 mi
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$118,400
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+$2,368
With Zillow Showcase(estimated)
$120,768
- Oklahoma
- Osage County
- Tulsa
- 74126
- 1206 E 50th St N
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