Your lifetime opportunity investment is waiting for you! This grand Colonial/Federal style home can be your unique personal homestead or design the floor plan for your own residential multi-family RM-2 zoned leasing investment, Airbnb, an inviting Bed/Breakfast travel destination, or you may research the endless possibilities! The value is obvious, all you need is your imagination! A wonderful Childers Heights home nestled among charming tree lined streets and minutes from the entertainment/historic districts. Your home was built in the early 1900’s as Tulsa was deemed ‘The Oil Capital of the World’ and exciting new growth/expansion took place downtown. This area is the Historic Riverview District, with homes such as the registered Historical McBirney Mansion. This Elwood Ave home was built during an era of timeless architectural style that endures into the future. The first level currently has two living quarters with one side currently owner-occupied. Each individual living quarter has a living room, formal dining, kitchen, bedroom, and full bath. The second quarters include a kitchen that is currently a blank canvas for you to create the perfect welcoming focal point. On the first level you will also have a full hall bathroom ready for you to design as you desire. The upstairs area will include 4 large bedrooms w/hardwoods and plumbing for a vanity style sink in each room. A 5th bedroom w/hard surface floor is perfect for an artist, photographer, or use as a hobby room. The upstairs hallway w/hardwoods, a linen closet and an overhead attic area. A full-size hall bathroom includes a claw tub, pedestal sink, and hexagon tile floor. Huge basement. Privacy fence w/rolling gate. A separate fenced area w/two storage bldgs and three raised veggie gardens. Original carport and entertainment area for relaxing gatherings on the side of the home. New roofing on home, garage, and all storage buildings in 2023. Call for your private viewing today!