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For sale by owner
  • $400,000

    108 S Osage St, Ponca City, OK 74601

    6beds
    2,744sqft
    : 
    MultiFamily
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $146/sqft
    $-- HOA

    What's special

    Brick workStainmaster petprotect hardwood flooringWi-fi extendersUpdated bathroom fixturesNew kitchensRing doorbellsHvac mini-splits
    ?? 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: $400,000 each – Buy One or Both ?? 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
    Fully remodeled. Great investment property. Reliable tenants.
    12 days
    on Zillow
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    Listed by:

    (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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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Electric
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,744 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street
    Features
    • Exterior features: Wood, Brick
    Lot
    • Size: 0.3 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1940

    Community & HOA

    Location
    • Region: Ponca City

    Financial & listing details

    • Price per square foot: $146/sqft
    • Date on market: 8/14/2025
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