Refine Search

500 W 16 Street , Ada, OK 74820

$124,900
  • 500 W 16 Street , Ada, OK 74820 Main Photo

17 Total Photos [Click to View All]

New to the Market Active
BEDS3 BATHS1 full 1 partial SQUARE FEET1,510 MLS#2608089
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONDaggs SCHOOLAda - Sch Dist

Property Description

Investor Special! Excellent opportunity to acquire a turnkey, income-producing property with immediate cash flow in place. The home is currently leased at $1,200 per month with 11 months remaining on a two-year lease, providing predictable income and reducing vacancy risk for the next owner. Existing tenancy allows for a smooth transition and immediate returns from day one. This 3-bedroom, 1.5-bath residence sits on a desirable corner lot, offering added curb appeal and long-term value. The property has been freshly painted and is well maintained, helping minimize upfront capital expenditures. A functional floor plan and solid condition make this home attractive to long-term renters and easy to manage as part of an investment portfolio. The location is a major asset, positioned near Ada Junior High School and Washington Grade School, which continues to support strong and consistent rental demand. The home is also within walking distance to downtown, providing tenants with convenient access to shopping, dining, and local services-an important factor in tenant retention and future rent growth potential. Whether you are a seasoned investor or looking to expand your rental portfolio, this property offers steady cash flow, strong location fundamentals, and long-term appreciation potential. A solid investment opportunity in an established neighborhood with proven rental performance.

500 W 16 Street | MLS# 2608089

This single family home located at 500 W 16 Street , Ada, OK 74820 is currently listed for sale with an asking price of $124,900. This property was built in 1942 and has 3 bedrooms and 1 full and 1 partial baths with 1510 sq. ft. W 16 Street is located in the Daggs subdivision within the Ada - Sch Dist school district. Search Daggs real estate on www.ccoklahoma.com today.

Property Features

Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: 2 Units
Garage: 1
Heating: Central, Gas, Radiant
Home Style: Cottage
Lot Size: 0.16 Acres
Roof Type: Other
Stories: 1.0
Taxes: $512
Year Built: 1942

Amenities

High Ceilings
Laminate Counters
Electric Oven Connection
None

Feature Descriptions

Appliances: Electric Water Heater, Oven, Range, Refrigerator
Exterior: Wood Siding, Wood Frame
Fencing: Chain Link, Partial
Flooring: Vinyl, Wood
HOA Y/N: No
Laundry: Washer Hookup, Electric Dryer Hookup
Lot: Corner Lot
Parking: Carport
Parking Notes: Carport
Patio/Porch: Porch
Security: No Safety Shelter
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Water Available
Water: Public
Window: Storm Window(s), Wood Frames

Local Schools

High School: Ada
Elementary School: Ada
School District: Ada - Sch Dist

Listed By / Shown By

Listed By

Agency Name: Sweeney & Associates

Shown By

Agency Title: Chinowth & Cohen
Agency Phone: (918) 296-7950

IDX logo

Estimate Your Payment

Estimated Payment

$ 357.07 per month $277.97 Principal & Interest $42.67 Property Tax $36.43 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel