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1920 S Cheyenne Ave , Tulsa, OK 74119
$4,500,000
Est. Payment: $23,950.89/mo
27394 Sqft
1.29 Acres
Status: active | Days on site: 232
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2698 - vheitgrass
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Prime location 1.3 acres, NE corner of 21st and Riverside with 322' of Riverside Dr. frontage. Appx. 320' back (East) frontage on Cheyenne Ave., and sides (South) W. 21st. 29 units, 28 - 2 bedrooms, and 1 furnished 1 bedroom apartment. Grosses $35,025 per month. Happening area of midtown Tulsa across the street from Daigoro restaurant and river trails, around the corner from the Brut hotel, down the street from popular restaurants and bars, 3 blocks from the nationally recognized Gathering Place park, and 3 blocks from downtown. Conceptual drawing of a 100 unit hotel and parking garage which could be built on the property is attached. The apartments are beautifully renovated 2 bedrooms with refinished oak floors, 11 windows, 5 closets, washer/dryer, crown, covered parking, and quartz kitchen. The complex is 100% occupied. Broker / owner.
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Highlights

Listed by Vicki L. Heitgrass , (918) 219-6011 Waterfront Realty , (918) 219-6011. Northeast Oklahoma MLS

Property Type

Commercial Sale
Lot/Acreage
1.29

Year Built

1950

County

Tulsa

 Neighborhood

Aaronsons sub Buena Vista Park

 School District

Tulsa - Sch Dist (1)

Listing ID

2600772

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Wood
Basement:Crawl Space
Other:
  • ▪ Additional:Window Treatments, Ceiling Fan(s)
Water:Public

Exterior Features

Zoning:RM 2
Roof:Built-Up
Others:
  • ▪ Additional:Lighting, Storage
Sewer:Public Sewer
Parking Features:Carport,One Space
Principal Interest
$23,951
Taxes
$1,001

Home Price

$4,500,000

Loan Details

30 yrs
7%

Down Payment

20%
$900,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$23,950.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $23,950.89 $1,000.58 $0.00 $24,951.47
Yearly $287,410.68 $12,007.00 $0.00 $299,417.68
Total $8,622,320.34 $360,210.00 $0.00 $8,982,530.34
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Tulsa, OK).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by the Northeast Oklahoma MLS, and is deemed reliable but not guarenteed accurate.

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Data last updated: 2026-11-12T19:43:46.000Z

© 2026 Northeast Oklahoma MLS