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$124,900

For Sale

A month ago

500 W 16Th St, Ada, OK

House

MLS® 2608089

3 Bed

2 Bath

1510 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1510 sqft
Garage Yes
Taxes $512
Days Active 29
Lot Size 
Approx. Age 1942
Avg. Price Per Sqft $82
MLS® Number 2608089

Property Address: 500 W 16th St, Ada, OK, 74820-7610

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number2608089
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1942
BasementCrawl Space
DrivewayCarport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 9, 2026List Date
$124,900List Price

Home Appraisal

This property is estimated to sell between: $114,000 and $131,000.
Similar properties in this area sold on average for: $114,144
Expected to sell in 76 days. Similar properties sold in 105 days. This home has been on eXp Realty for 29 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
500 W 16Th St, Ada, OK

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