Turn-key investment opportunity with immediate cash flow. This 1925 bungalow blends original character with recent updates - new flooring throughout, updated PEX plumbing, fresh paint, and a functional, light-filled floorplan with an electric fireplace. A covered front porch and generous backyard add curb appeal and outdoor space for tenants to enjoy. Central heat and air, gas range, and a full appliance package keep the unit low-maintenance.Currently leased with a reliable tenant in place at $1,100/month - a gross annual return of roughly 12.7% on the list price, day one. No vacancy gap, no lease-up costs; step into an income-producing asset in the Ponca City school district (Lincoln ES / Ponca City West MS / Ponca City HS).
| MLS # | 1213731 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 212 |
| Listing Provided By | Chinowth & Cohen | Aubrey Noblitt |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,195 |
| Story(s) | 1 |
| Acreage | 0.16 |
| Rooms Total | 0 |
|---|---|
| Heating | Electric |
| Fireplaces Total | 1 |
| Exterior Features | Covered Porch |
|---|---|
| Lot Features | Interior Lot |
| Foundation Details | Conventional |
| Garage Spaces | 0 |
|---|
| Okc Tax Amount | 236.0000 |
|---|---|
| Tax Block | 14 |
| Tax Lot | 37 |
| State | OK |
|---|---|
| County | Kay |
| City | Ponca City |
| Zip Code | 74601 |
| School District | Kay |
| School District | Ponca City HS |
| Elementary School | Lincoln ES |
| High School | Ponca City HS |
| Listing VS Median (in 74601) | |
Price: $97,000 low | high Med: $108,500 sqft: 1,195 low | high Med: 2,041 $ / sqft: $81 low | high Med: $61 On site: 212 low | high Med: 163.5 | |
| State | OK |
|---|---|
| County | Kay |
| City | Ponca City |
| Zip Code | 74601 |
| School District | Kay |
| School District | Ponca City HS |
| Elementary School | Lincoln ES |
| High School | Ponca City HS |
| Listing VS Median (in 74601) | |
Price: $97,000 low | high Med: $108,500 sqft: 1,195 low | high Med: 2,041 $ / sqft: $81 low | high Med: $61 On site: 212 low | high Med: 163.5 | |