About This Home

This 4-bedroom, 1-bathroom single family at 1316 N Allegheny Avenue in Tulsa, OK is listed for $129,000 ($88 per sqft). Built in 1950, the home offers 1,458 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1950
  • 0.16 acre lot

Property Details

1 story
1 full
2-car garage
1950

Amenities

A/C
Listing Description

Great investment opportunity in Tulsa! Located at 1316 N Allegheny Ave, this property offers strong potential for both investors and future homeowners. The home is currently tenant-occupied with a long-term renter of over 6 years who pays $1,100/month plus all utilities, making this a true turnkey rental opportunity from day one.

The tenant is currently on a month-to-month lease, giving the new owner full flexibility-continue collecting rental income immediately or transition the property into an owner-occupied home. This flexibility makes it ideal for investors looking for cash flow or buyers willing to add a little TLC and build equity.

The property is being sold as-is and is priced nearly $20,000 below market value, presenting a great chance to purchase with built-in upside. The home has been maintained with only normal wear and tear consistent with long-term occupancy, and there are no known major issues.

Conveniently located in Tulsa with easy access to major roads, shopping, and amenities, this property sits in a solid rental area with consistent demand. Whether you're looking to expand your portfolio or purchase a home at a value price, this is an opportunity worth considering.

Monthly Cost Estimate

$690/mo

20% down · 6.5% · 30 years

Principal$93
Interest$559
Insurance$38

Estimates only. Actual payments may vary.

Location

1316 N Allegheny Avenue

Tulsa, OK 74115

Homestead addn

Property Details

Flooring

Wood

Construction

Wood Frame

Outdoor Features

Porch

Heating

CentralFloor Furnace

Cooling

Central Air

Questions & Answers

This 4-bedroom, 1-bathroom single family at 1316 N Allegheny Avenue is listed at $129,000 ($88/sqft). The estimated monthly payment is $690 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.16 acre lot.

This property is listed by Randy Hayes.

RH

Randy Hayes

Agent at Hayes Realty Group

Listed by Hayes Realty Group · Broker phone: (918) 850-1390 · View on Broker Site · Broker website

MLS# 2615754· Source: MLS Technology, Inc.· 182 days on PropertySimple

Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1316 N Allegheny Avenue, Tulsa, OK 74115

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