Downtown Tulsa Condos

  An overview of the Downtown Tulsa Condo Market       

 

     If you are looking to buy a Downtown Tulsa Condo or  Downtown Tulsa Loft, we have some good news and some bad news.  For reasons explained below the options to purchase such properties at present, are limited but positive changes are on the horizon.

Click here to search Downtown Tulsa Condo Listings!

 

     For generations, Tulsan's have enjoyed an abundance of beautiful residential neighborhoods in almost every price range.  With so many affordable single family housing options available, builders and developers have not experienced much demand for downtown Tulsa condominiums, townhomes and lofts, and the vast majority of new rooftops created in Tulsa over the years have been detached single family homes in established subdivisions.

 

     A significant portion of all existing townhomes, lofts, and condos were actually built as apartments and later converted to ownership properties. Even now, in Downtown Tulsa, many of the new dwelling units created have been in historic buildings where developers have taken advantage of preservation tax credits that do not allow the units to be sold until they have reached a certain age, usually five to seven years.  

 

     So, the long and short of it is that at the present time, downtown Tulsa condos are scarce, as they are in other parts of the city but we expect that to change drastically in the coming years.  The recently adopted new Comprehensive Plan for the City of Tulsa identified a growing demand for additional housing options, both downtown and throughout the city.  Check out our Downtown Tulsa Developments page for a look at some of the projects under construction or in the planning stages. 

 

Looking for a downtown condo?  We can help

Call Now - 918-605-5529 - for a Condo / Loft Specialist

 

     At the Metro Tulsa Realty Group we specialize in downtown Tulsa condos and lofts and as such, we can simplify your search.  We also offer exclusive Single Party Broker representation where we act as your advocate and it costs you nothing. 

 

     Our highly experienced associates keep abreast of the downtown Tulsa real estate and condo and loft market and we will keep you informed of all of the latest listings.  You can benefit by working with one of our expert agents who will help you get the best deal possible.

   

Some existing downtown Tulsa area condo options

 

     Inside the Inner Dispersal Loop, the Central Park Condos at 410 and 450 W. 7th Street provide the most plentiful options for high rise living downtown.  The units range from 500 square feet to approximately 2,000 square feet and prices range from under $30K to over $150K.  Condo fees range from $400 to $800+ per month.

 

     Just outside the Inner Dispersal Loop there are several high rise condos that are very near near downtown including the Liberty Towers at 15th and Boulder, and 2300 Riverside (pictured at the top of this page).  Just minutes from the heart of the business district these properties offer a wide range of options in size and price.

 

     The Liberty Towers is another example of a building that was built as apartments and was later converted to condominiums.  The converted condos were so slow to take off in the beginning that many were ultimately purchased by investors who did quite well by leasing them out until the market improved.  Since then however, it has been a very solid performer and is substantially owner-occupied.

 

     The 23 story building was completed in 1965, and currently stands as the 11th tallest building in Tulsa, and second tallest residential building next to the University Club Tower. 

 

     In addition, there are scattered lofts and townhomes available for purchase both inside and outside the Inner Dispersal Loop, including the historic Sophian Plaza pictured below on the right.  For a complete list of options give us a call at our Metro Tulsa Realty Group hotline:  918 605-5529.

 

     Built nearly 100 years ago, the Sophian was originally created as a hotel for the booming oil industry.  Its refined historic architecture is still evident today as the building has been well-preserved and updated to the standards of today's urban living.

     Over the years, this unique residential community has housed some of the most prestigious business leaders and socially prominent families in Tulsa.  It has that kind of timeless appeal which is hard to match in a new development.

 

Call 918 605-5529 for Information