$129,900
 $779 est/mo Sourced by Back At You

512 E 16th,Ada, OK 74820

Ada, OK 74820

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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.

Details

MLS #2623793
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1944
Days On Site54
Listing Provided ByGray Real Estate Elite, Inc. | Julie Taylor

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,320
Story(s)1
Acreage0.16

Exterior

Lot FeaturesNone

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount802

Area Information

StateOK
CountyPontotoc
CityAda
Zip Code74820
Community NameDan Hays
Listing VS Median (in Dan Hays)
Price:
$129,900
low | high
Med:
$108,950
66.12779060816% of Average
sqft:
1,320
low | high
Med:
1,427
41.931818181818% of Average
$ / sqft:
$98
low | high
Med:
$78
70.834105416028% of Average
On site:
54
low | high
Med:
33
100% of Average
Sourced by Back At You

Market Activity 74820

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Learn More About This Property

StateOK
CountyPontotoc
CityAda
Zip Code74820
Community NameDan Hays
Listing VS Median (in Dan Hays)
Price:
$129,900
low | high
Med:
$108,950
66.12779060816% of Average
sqft:
1,320
low | high
Med:
1,427
41.931818181818% of Average
$ / sqft:
$98
low | high
Med:
$78
70.834105416028% of Average
On site:
54
low | high
Med:
33
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $97K - $162K
sqft: 990 - 1,500
Nearby Listings Property ImageNearby Listings Details
621 S Broadway Avenue Property Photo 1
$180,000
621 S Broadway Avenue
Ada, OK 74820
Listing Updated: July 16, 2026 at 10:52:09 AM PDT