About This Home

This 0-bedroom, 0-bathroom single family at 502 & 504 S Main St. in Tonkawa, OK is listed for $129,900. Built in 1910, on a 0.23 acres lot.

Key Features

  • Built in 1910
  • 0.23 acre lot

Property Details

1910
Listing Description

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.

Monthly Cost Estimate

$695/mo

20% down · 6.5% · 30 years

Principal$94
Interest$563
Insurance$38

Estimates only. Actual payments may vary.

Location

502 & 504 S Main St.

Tonkawa, OK 74653

Questions & Answers

This 0-bedroom, 0-bathroom single family at 502 & 504 S Main St. is listed at $129,900. The estimated monthly payment is $695 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.23 acre lot.

This property is listed by Johnny Shaw.

JS

Johnny Shaw

Agent at United Country Real Estate Rockin Double J

Listed by United Country Real Estate Rockin Double J · Broker phone: 8888933537 · View on Broker Site

MLS# 11610669· Source: My State MLS· 339 days on PropertySimple

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

502 & 504 S Main St., Tonkawa, OK 74653

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