500 W 16 Street, Ada, OK 74820

Ada
Local realty services provided by:Better Homes and Gardens Real Estate Paramount
500 W 16 Street,Ada, OK 74820
$120,000
  • 3 Beds
  • 2 Baths
  • 1,510 sq. ft.
  • Single family
  • Active
Listed by: mickala estabrooks
Office: sweeney & associates
MLS#:2608089
Source:OK_NORES

Price summary

  • Price:$120,000
  • Price per sq. ft.:$79.47

About this home

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...

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Home facts

  • Year built:1942
  • Listing ID #:2608089
  • Added:91 day(s) ago
  • Updated:June 08, 2026 at 03:18 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Flooring:Vinyl, Wood
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:1,510 sq. ft.

Heating and cooling

  • Cooling:2 Units
  • Heating:Central, Gas, Radiant

Structure and exterior

  • Year built:1942
  • Building area:1,510 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Wood Frame, Wood siding

Schools

  • High school:Ada
  • Elementary school:Ada

Finances and disclosures

  • Price:$120,000
  • Price per sq. ft.:$79.47
  • Tax amount:$512 (2023)

Features and amenities

  • Appliances:Electric Water Heater, Oven, Range, Refrigerator
  • Amenities:High Ceilings, Storm Window(s), Wood Frames

Parking

  • Garage:Yes
  • Garage spaces:1

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