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512 E 16th , Ada, OK 74820
$124,900
Est. Payment: $664.77/mo
3 Bed
2 Bath
1320 Sqft
0.16 Acres
Status: active | Days on site: 57
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3034 - 174921
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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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Highlights

Listed by Julie Taylor , (580) 399-4941 Gray Real Estate Elite, Inc. , (580) 559-2138. Northeast Oklahoma MLS

Property Type

Residential
Lot/Acreage
0.16

Year Built

1944

County

Pontotoc

 Neighborhood

Dan Hays

 School District

Ada - Sch Dist (I9)

Listing ID

2623793

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Water Heater, Oven, Range
Air Cond:Central Air
Fireplaces:
Floor:Laminate
Basement:Crawl Space
Other:
  • ▪ Additional:Laminate Counters, Electric Oven Connection
Water:Public

Exterior Features

Roof:Asphalt,Fiberglass
Sewer:Public Sewer
Principal Interest
$665
Taxes
$67

Home Price

$124,900

Loan Details

30 yrs
7%

Down Payment

20%
$24,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$664.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $664.77 $66.83 $0.00 $731.60
Yearly $7,977.24 $802.00 $0.00 $8,779.24
Total $239,317.29 $24,060.00 $0.00 $263,377.29
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Ada, OK).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by the Northeast Oklahoma MLS, and is deemed reliable but not guarenteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-12T17:46:01.000Z

© 2026 Northeast Oklahoma MLS