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100 S Osage St, Ponca City, OK, 74601

6beds
2baths
2,744sqft
$395,000
$144price/sqft
$3,357/moest. monthly cost
$134,280/yrincome needed

About This Home

?? Turnkey Side-by-Side Duplex Opportunity – Mixed-Use Income Stream – Fully Renovated ??Address: 108 S. Osage St, Ponca City, OK 74601 (and identical twin next door) Price: $395k each – Buy One or Both 25K BELOW APPRAISAL VALUE Owner carry on 125k ?? Income Snapshot Duplex #1 – Fully Long-Term Rentals Two 3BR/1BA units Both leased at $1,280/month Gross Income: $2,560/month ($30,720/year) Duplex #2 – Mixed-Use Rentals Unit A: Long-term lease at $1,280/month Unit B: Airbnb, fully furnished 3BR, averaging $1,600/month, booked solid until September Gross Income: $2,880/month ($34,560/year) Package Total (Both Duplexes): Current Gross: $5,440/month ($65,280/year) Estimated Expenses: $1,000/month total ($12,000/year) Net Operating Income (NOI): $53,280/year Cap Rate: ~6.66% (with current operations) Upside Potential: Converting additional units to Airbnb could push gross over $96,000/year. ?? Turnkey Renovations – Everything Brand New Both duplexes have been gut-renovated with permits and warranties: New framing, drywall, electrical, plumbing (each unit has one exterior faucet as well), roof, windows, brick work, soffits, balcony, stairs, electrical panels, removed hazzardous trees and replaced fenceing. HVAC mini-splits (living room + each bedroom) STAINMASTER PetProtect hardwood flooring + tile All new kitchens: cabinets, countertops, appliances (LG stackable washer/dryer, fridge, microwave, dishwasher, range, garbage disposal) In-line water heaters, electric fireplaces, updated bathroom fixtures Tech upgrades: Ring doorbells + front/back cameras, Wi-Fi extenders Passed city inspections, fully code-compliant ?? Location Advantage Walk to downtown, schools, churches, parks, RecPlex Gym, refinery, restaurants. Short 10-15 minute drive to hospital, grocery, Starbucks, Lowes, Walmart and nearest casino. 45 minute drive to nearest airport, university, major shopping malls. 1 hr and a half to Tulsa and Oklahoma City. Near major employers: city offices, hospital, refinery, several schools. Area supports high Airbnb occupancy — many similar properties booking $2,800+/mo per unit ?? Investor Extras Full rent rolls and signed rental contracts available for serious buyers Flexible sale: Buy one duplex or both for a 4-unit portfolio Perfect blend of stable long-term cash flow and higher-yield short-term rental upside ?? Call today to schedule a viewing — furnished Airbnb unit ready to generate income from Day 1! Based on recent Airbnb market data for Ponca City, typical short-term rental listings in the area charge an average daily rate around $87 and have a median occupancy rate of 61%. Many of these nearby rentals offer fewer amenities compared to my duplex, yet they consistently achieve good booking levels throughout the year.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

4/10
5/10
4/10
Ponca City High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Tile,Hardwood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Other,Electric
  • Cooling features: Other

Interior Area

  • Total interior livable area: 2,744 sqft

Property

Features

  • Exterior features: Wood,Brick

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 6
  • Parking features: Off-street