Listing
$124,900
512 E••••• 16th St (Sign up for 50 free credits to unlock)Ada, OK 74820
Property Description
Income-Producing Investment Opportunity! Don't miss this excellent investment property in a great location near East Central University! This property offers multiple income streams and is already generating rental income. The main home features: 3 Bedrooms 2 Bathrooms Currently leased for $900/month In addition, the property includes separate 1 bed, 1 bath living quarters in the back, currently leased for $400/month, bringing the total monthly rental income to $1,300. Investment Highlights: Total rental income of $1,300/month Tenants pay all utilities Separate rear living quarters for additional income Convenient location near East Central University Strong opportunity for investors seeking immediate cash flow Whether you're expanding your rental portfolio or looking for a turnkey investment, this property offers steady income in a desirable location.
Property Facts & Features
- Property Type
- Single Family
- Status
- Active
- Listed
- Jun 28, 2026
- Price per Sq Ft
- $95/sqft
- ZIP Code
- 74820
- Full Baths
- 2
- Stories
- 1
- Heating
- Central
- Cooling
- Central AC
- Construction
- Wood Frame
- Property Tax (2025)
- $802/yr
- Assessed Value
- $7,800
- Last Sold
- $65,000 · Mar 21, 2024
- County
- Pontotoc
- School District
- Ada School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 3
Bathrooms
- Total Bathrooms: 2.00
- Full Bathrooms: 2
Land Info
- Lot Size Acres: 0.161
- Lot Size Square Feet: 7013
Utilities
- Sewer: City
- Electric
- Oven-Electric
- Washer Connection
- Water
- Water Source: City
Appliances
- Range/Oven
Interior Features
- Flooring: Laminate
- Window Features: Aluminum
Kitchen and Dining
- Kitchen Countertops: Laminate
- Oven Description: Single, Range: 06E, Range Description: Single
School Information
- Elementary School: Ada
- High School: Ada
- School District: Ada - Sch Dist (I9)
Heating and Cooling
- Cooling Features: Central AC
- Heating Features: Central
- Heating Fuel: Electric
- Heating: Yes
- Water Heaters: Electric
Other Property Info
- Annual Tax Amount: 802
- Source Listing Status: Active
- County: Pontotoc
- Directions: From Mississippi & Main street, go south on Mississippi, turn right on 16th, house is on the right
- Tax Year: 2025
- Source Neighborhood: Dan Hays
- Parcel Number: 0095-00-012-012-0-000-00
- Postal Code Plus 4: 7814
- Public Survey Section: 33
- Subdivision: Dan Hays
- Township: 04N
- Property Subtype: House
Building and Construction
- Total Square Feet Living: 1320
- Year Built: 1944
- Building Area Total: 1320
- Construction Materials: Wood Frame
- Direction Faces: S
- Foundation Details: Crawl Space
- Property Age: 82
- Roof: Asphalt / Fiberglass
- Levels or Stories: 1.000
- Structure Type: Wood Frame
- Year Built Source: Court House
Location
Lat 34.76946 · Lng -96.67151