$97,000
 $582 est/mo Sourced by Back At You

325 S Palm Street,Ponca City, OK 74601

Ponca City, OK 74601

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Description

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).

Details

MLS #1213731
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1925
Days On Site212
Listing Provided ByChinowth & Cohen | Aubrey Noblitt

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,195
Story(s)1
Acreage0.16

Interior

Rooms Total0
HeatingElectric
Fireplaces Total1

Exterior

Exterior FeaturesCovered Porch
Lot FeaturesInterior Lot
Foundation DetailsConventional

Parking

Garage Spaces0

Taxes

Okc Tax Amount236.0000
Tax Block14
Tax Lot37

Area Information

StateOK
CountyKay
CityPonca City
Zip Code74601
School DistrictKay
School DistrictPonca City HS
Elementary SchoolLincoln ES
High SchoolPonca City HS
Listing VS Median (in 74601)
Price:
$97,000
low | high
Med:
$108,500
38.144329896907% of Average
sqft:
1,195
low | high
Med:
2,041
20.753138075314% of Average
$ / sqft:
$81
low | high
Med:
$61
74.387551707139% of Average
On site:
212
low | high
Med:
163.5
100% of Average
Sourced by Back At You

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Learn More About This Property

StateOK
CountyKay
CityPonca City
Zip Code74601
School DistrictKay
School DistrictPonca City HS
Elementary SchoolLincoln ES
High SchoolPonca City HS
Listing VS Median (in 74601)
Price:
$97,000
low | high
Med:
$108,500
38.144329896907% of Average
sqft:
1,195
low | high
Med:
2,041
20.753138075314% of Average
$ / sqft:
$81
low | high
Med:
$61
74.387551707139% of Average
On site:
212
low | high
Med:
163.5
100% of Average
Sourced by Back At You
Listing Updated: August 25, 2026 at 9:11:52 PM PDT