# 500 W 16 Street, Ada, OK 74820

> **TL;DR:** 3bd/2ba single family, $120,000 ($79/sqft), built 1942, 1,510 sqft. Est. $520/mo. Listed 84 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $120,000 |
| Price/sqft | $79 |
| Bedrooms | 3 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,510 |
| Year Built | 1942 |
| Lot Size | 7,013 sqft (0.16 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 84 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $520 |
| **Total** | **$520** |

## Nearby Schools

- **Elementary:** Ada
- **High:** Ada

## Property Highlights

- Built in 1942
- 0.16 acre lot

## Description

### Agent Description
Investor Special! Excellent opportunity to acquire a turnkey, income-producing property with immediate cash flow in place. The home is currently leased at $1,200 per month with 11 months remaining on a two-year lease, providing predictable income and reducing vacancy risk for the next owner. Existing tenancy allows for a smooth transition and immediate returns from day one. This 3-bedroom, 1.5-bath residence sits on a desirable corner lot, offering added curb appeal and long-term value. The property has been freshly painted and is well maintained, helping minimize upfront capital expenditures. A functional floor plan and solid condition make this home attractive to long-term renters and easy to manage as part of an investment portfolio. The location is a major asset, positioned near Ada Junior High School and Washington Grade School, which continues to support strong and consistent rental demand. The home is also within walking distance to downtown, providing tenants with convenient access to shopping, dining, and local services-an important factor in tenant retention and future rent growth potential. Whether you are a seasoned investor or looking to expand your rental portfolio, this property offers steady cash flow, strong location fundamentals, and long-term appreciation potential. A solid investment opportunity in an established neighborhood with proven rental performance.

## Location

- **Address:** 500 W 16 Street, Ada, OK 74820
- **County:** Pontotoc
- **Neighborhood:** Daggs
- **Coordinates:** 34.769359, -96.685413
- **Google Maps:** https://www.google.com/maps?q=34.769359,-96.685413

## Listing Agent

- **Name:** Mickala Estabrooks
- **Brokerage:** Sweeney & Associates
- **Phone:** (580) 421-9911
- **Email:** mickala1965@gmail.com

## Primary Photo

![500 W 16 Street - Primary Photo](http://lh.rdcpix.com/5bafd6bffae154f12fc87a6168ecb695l-f2894798041r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/500-w-16-street-ada-ok-74820-2608089)*

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**MLS#:** 2608089 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/500-w-16-street-ada-ok-74820-2608089)

---

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