JUST REDUCED Opportunity in Tonkawa with two homes on 4 adjacent lots, ideal for multi-generational living, rental income, or value-add potential. The primary home at 502 S Main offers 3 bedrooms, 1 bath, and approx. 1,230 sq ft, remodeled in 2015 with updated finishes and functional layout. The second home at 502 S Main features 2 bedrooms, 1 bath, and approx. 750 sq ft, providing flexible use as extended family space, guest space, or a rental.
Convenient location near local schools, parks, and daily amenities with easy access through town. Properties offer yard space, off-street parking, and the ability to customize or improve over time. A practical setup for buyers looking to live in one and offset expenses with the second unit.
Investor opportunity with two separate residential structures on individual addresses. 502 S Main: 3 bed, 1 bath, approx. 1,230 sq ft MOL, remodeled in 2015. 504 S Main: 2 bed, 1 bath, approx. 750 sq ft MOL. Potential for dual rental income, long-term or short-term strategy. Buyer to verify square footage, zoning, and rental use. Strong candidate for portfolio addition, house hack, or income-producing asset. Positive cash flow with 20% down. Great investment for a Veteran with a VA loan.
For sale
$129,900
502 S Main St, Tonkawa, OK 74653
5beds
3baths
--sqft
Single Family Residence
Built in 1910
10,000 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutYard spaceOff-street parking
- 32 days
- 1,659
- 68
Zillow last checked:
Listed by:
Johnny Shaw,
Rockin Double J, LLC
Source: United Country,MLS#: 35120-452385
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Features
- Has basement: No
- Has fireplace: No
Property
Lot
- Size: 10,000 Acres
Details
- Parcel number: 360017225
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1910
Community & HOA
Location
- Region: Tonkawa
Financial & listing details
- Tax assessed value: $66,229
- Annual tax amount: $740
- Date on market: 8/17/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$1,683/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $129,900 |
Source: United Country #35120-452385 Report a problem | ||
| 7/9/2026 | Listing removed | $129,900 |
Source: United Country #35120-452385 Report a problem | ||
| 7/2/2026 | Listed for sale | $129,900+64.4% |
Source: United Country #35120-452385 Report a problem | ||
| 6/30/2021 | Sold | $79,000+13% |
Source: North Central BOR (OK) #36870 Report a problem | ||
| 11/28/2020 | Listing removed | $69,900 |
Source: United Country Shaw Real Estate #36447 Report a problem | ||
| 5/28/2020 | Listed for sale | $69,900 |
Source: United Country Shaw Real Estate #36447 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $740 -3.9% | $7,285 -7.3% |
| 2024 | $770 -3.1% | $7,856 -3.4% |
| 2023 | $794 -5.5% | $8,136 -6.4% |
| 2022 | $841 +140.9% | $8,690 +142.3% |
| 2021 | $349 +2% | $3,586 +0.5% |
| 2020 | $342 +10% | $3,568 +5% |
| 2019 | $311 -3.3% | $3,398 |
| 2017 | $322 +3% | $3,398 |
| 2016 | $312 +503.8% | $3,398 +502.5% |
| 2015 | $52 -6.2% | $564 |
| 2014 | $55 +13.9% | $564 |
| 2013 | $48 -3% | $564 +0.2% |
| 2012 | $50 | $563 -57.2% |
| 2011 | -- | $1,316 -0.2% |
| 2010 | -- | $1,319 -30.4% |
| 2009 | -- | $1,894 |
| 2008 | -- | $1,894 -4.2% |
| 2007 | -- | $1,977 |
Find assessor info on the county website
Monthly payment
Est. payment





