Updated bathroom fixturesIn-line water heatersElectric fireplaces
?? 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.
What the owner loves about this home
Everything is new! Great investment! Reliable Tenants!
76 days
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111
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Listed by:
Property Owner(541) 761-0054
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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