512 E 16th, Ada, OK 74820

Ada
Local realty services provided by:Better Homes and Gardens Real Estate Paramount
512 E 16th,Ada, OK 74820
$124,900
  • 3 Beds
  • 2 Baths
  • 1,320 sq. ft.
  • Single family
  • Active
Listed by: julie taylor
Office: gray real estate elite, inc.
MLS#:2623793
Source:OK_NORES

Price summary

  • Price:$124,900
  • Price per sq. ft.:$94.62

About this home

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.

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Home facts

  • Year built:1944
  • Subdivision & Development:Dan Hays
  • Listing ID #:2623793
  • Added:127 day(s) ago
  • Updated:November 04, 2026 at 06:42 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Laminate
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:1,320 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Year built:1944
  • Building area:1,320 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Wood Frame

Schools

  • High school:Ada
  • Elementary school:Ada

Finances and disclosures

  • Price:$124,900
  • Price per sq. ft.:$94.62
  • Tax amount:$802 (2025)

Features and amenities

  • Appliances:Electric Water Heater, Oven, Range
  • Amenities:Aluminum Frames

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