3 Beds
2 Baths
1,320 sqft
$124,900
512 E 16th, Ada OK, 74820
Price per sqft$94.62
Built in1944
Property size1,320 sqft
Property typeResidential
Courtesy of Julie Taylor, Gray Real Estate Elite, Inc., (580) 399-4941
Overview
Active
Listed Jun 29, 2026
Updated Aug 26
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.
$831/mo
Est. mortgage payment based on a $124,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 2623793
Interior Features
- Bedrooms
- 3
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.16 Acres
Other Property Details
- Taxes
- $802
- Tax Frequency
- Annually
- 55+/Senior Community
- No

Courtesy of Julie Taylor, Gray Real Estate Elite, Inc.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor House of Grace Estates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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