SQUARE FEET15,440
MLS#2605737
STATUSPending
PROPERTY TYPECommercial - Business
SCHOOLTulsa - Sch Dist
Property Description
Welcome to Cornerstone Apartments! A 26-unit multifamily community located in the heart of Tulsa, Oklahoma. Built in 1970, the property offers investors a stable, income-producing asset with clear value-add potential. Cornerstone includes a non-revenue unit-already separately metered for electricity-that can be converted into a rentable apartment, creating immediate Executive Summary Investment Highlights upside with minimal capital investment. Ownership recently completed new roofs in 2022, providing long-term structural stability and reducing future capital exposure. The property also features an undeveloped 0.33-acre tract zoned multifamily, ideal for expansion or amenity development. Centrally located near I-44 and U.S. 75, Cornerstone sits minutes from Tulsa's largest employment centers-including Saint Francis Health System, American Airlines, QuikTrip, and the Industrial Corridor-anchoring durable renter demand. This combination of location, stability, and accessible upside makes Cornerstone Apartments a compelling investment in one of Tulsa's most proven multifamily submarkets.
Property Features
Property Type: Commercial - Business
Cooling: 3+ Units
Heating: Electric, Gas, Multiple Heating Units
Lot Size: 0.66 Acres
Roof Type: Composition
Taxes: $13,848
Year Built: 1970
Amenities
None
None
Feature Descriptions
Days on Site: 56
Exterior: Brick
Fencing: None
Parcel#: 35725-93-31-08510
Sewer: Public Sewer
Utilities: None
Water: Public
Local Schools
School District: Tulsa - Sch Dist
Listed By / Shown By
Listed By
Agency Name: Ironstone Management Group LLC
Shown By
Agent Name: Kathy Nash
Agent Phone: (918) 801-8575
Agency Title: Solid Rock Realtors
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5623 S Quincy Avenue | MLS# 2605737
This commercial property located at 5623 S Quincy Avenue, Tulsa, OK 74105 is currently listed for sale with an asking price of $1,950,000. S Quincy Avenue is located within the Tulsa - Sch Dist school district. Search Tulsa real estate on knash.solidrockrealtors.com today.