Listing provided courtesy of Gray Real Estate Elite, Inc.- MLS# 2623793
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Request Info512 E 16thAda, OK 74820
Single Family · 3 Beds · 2 Full Baths · 1,320 Sq. ft. | 0.16 Acres$140,000
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512 E 16th Overview
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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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512 E 16th Facts & Features
- Type Single Family
- Sq. ft. 1,320
- Price/Sq.ft. $106
- Lot 0.16 Acres
Details
General
Association/HOA
- Association: false
School Information
- School District: Ada - Sch Dist (I9)
- Elementary School: Ada
- High School: Ada
Listing Information
- Contingency: 0
Building Information
- Year Built: 1944
Location/Region
- County Or Parish: Pontotoc
- Postal City: Ada
- Subdivision Name: Dan Hays
Tax Information
- Tax Annual Amount: 802.0
- Tax Year: 2025
General Information
- Listing Terms: Conventional
- Parcel Number: 0095-00-012-012-0-000-00
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: false
Interior
Parking Information
- Garage: false
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Total: 2
- Bedrooms Total: 3
Building Interior
- Building Area Source: Public Records
- Building Area Total: 1320.0
General Information
- Appliances: Electric Water Heater,Oven,Range
- Fireplace: false
- Fireplaces Total: 0
- Flooring: Laminate
- Foundation Details: Crawlspace
- Interior Features: Laminate Counters,None,Electric Oven Connection
- Laundry Features: Washer Hookup
- Levels: One
- Living Area: 1320.0
- Living Area Source: Public Records
- Rooms Total: 0
- Security Features: No Safety Shelter
- Stories: 1
- Window Features: Aluminum Frames
Exterior
Lot Information
- Additional Parcels: false
- Lot Features: None
- Lot Size Acres: 0.161
- Lot Size Area: 0.161
- Lot Size Square Feet: 7000.0
- Lot Size Units: Acres
- Water Source: Public
Building Exterior/Construction
- Construction Materials: Other,Wood Frame
- Direction Faces: South
- Patio And Porch Features: None
- Roof: Asphalt,Fiberglass
- Structure Type: House
General Information
- Exterior Features: None
- Fencing: Other
- Other Structures: Other
- Pool Features: None
- Sewer: Public Sewer
- Utilities: Electricity Available,Water Available
512 E 16th Neighborhood
Community
74820 (Ada) Demographics
35
Median Age
101
Population Density (per sq. mile)
36%
College Educated
$51,312
Estimated Median Income
7,193
Estimated Total Home Owners
4,423
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.512 E 16th Monthly Cost
512 E 16th Market Data
Based on the last 30 days in this zip code
$291,578
Average List Price
$144
Average Price per Square Foot
32
Properties Sold
74
Average Days on Market
164
Properties for Sale
512 E 16th History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: Tulsa MLS | June 29, 2026 |