?? 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: $395,000 each – Buy One or Both
25k under 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.
For sale by owner
$275,000
108 S Osage St, Ponca City, OK 74601
6beds
2,744sqft
MultiFamily
Built in 1940
-- sqft lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
Updated bathroom fixturesIn-line water heatersElectric fireplaces
What the owner loves about this home
Fully remodeled. Great investment property. Reliable tenants.
- 2 days
- 110
- 1
Listed by:
Property Owner (541) 761-0054
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Electric
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, 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: $100/sqft
- Date on market: 9/25/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,013/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $275,000-30.4%$100/sqft |
Source: Owner Report a problem | ||
| 7/29/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/30/2026 | Listed for sale | $395,000$144/sqft |
Source: Owner Report a problem | ||
| 1/30/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/1/2025 | Price change | $395,000-1.3%$144/sqft |
Source: Owner Report a problem | ||
| 9/24/2025 | Pending sale | $400,000$146/sqft |
Source: Owner Report a problem | ||
| 8/14/2025 | Listed for sale | $400,000+12.7%$146/sqft |
Source: Owner Report a problem | ||
| 2/7/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/5/2025 | Pending sale | $355,000$129/sqft |
Source: Owner Report a problem | ||
| 1/28/2025 | Price change | $355,000-0.8%$129/sqft |
Source: Owner Report a problem | ||
| 1/10/2025 | Price change | $358,000-0.6%$130/sqft |
Source: Owner Report a problem | ||
| 11/25/2024 | Listed for sale | $360,000+1957.1%$131/sqft |
Source: Owner Report a problem | ||
| 7/19/2021 | Sold | $17,500-12.5%$6/sqft |
Source: North Central BOR (OK) #37221 Report a problem | ||
| 5/31/2021 | Pending sale | $20,000$7/sqft |
Source: North Central BOR (OK) #37221 Report a problem | ||
| 5/25/2021 | Listed for sale | $20,000$7/sqft |
Source: North Central BOR (OK) #37221 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment



