512 E 16th, Ada, OK 74820

Ada
Local realty services provided by:ERA CS Raper & Son
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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1944
  • Subdivision & Development:Dan Hays
  • Listing ID #:2623793
  • Added:96 day(s) ago
  • Updated:October 04, 2026 at 03:50 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

New listings near 512 E 16th