?? 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.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
