2 months on rocket

611 S Stockton Ave, Ada, OK, 74820

$74,900

Home List Price

$889*

Closing Credit

2 Bedrooms
1 Full Bath
1,536 SqFt
$49/SqFt
Multi

Location

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611 S Stockton Ave, Ada$74,900

Buyer Closing Credits

$889*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1920
HeatingElectric, Natural Gas, Other
CoolingOther
MLS #2431289
Lot Size0.16 Acres
StatusActive

About 611 S Stockton Ave

Investment Opportunity!! Triplex features two 2-bed, 1-bath units renting for $550 each, and one 1-bed, 1-bath unit renting for $450. This property is a practical choice for investors looking to enhance their portfolio in a stable rental market. With two of the units currently occupied, this property provides immediate cash flow and is ideally situated near downtown Ada, East Central University, parks, and healthcare facilities, making it attractive to potential tenants. Currently, both $550 units are leased, while the $450 unit remains vacant. This generates a current rental income of $1,100, with the potential to increase cash flow to $1,550.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,536 SqFt

Listing Office:

  • Office Name: Southern Oklahoma Realty
  • Office Phone: (580) 222-4555
  • Listing Agent: Emma Dougherty

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Gas Range
  • Flooring Type: Vinyl
  • Interior: Laminate Counters, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From Main & Broadway, head south on Broadway. Continue straight until you reach W 18th Street, then make a left turn onto 18th. Follow W 18th Street to Stockton, where you'll turn right. Your destination will be on your left, just ahead.

Price Information

Listing Price Info

Price Summary:

  • List Price: $74,900
  • Price Per SqFt: $49/SqFt
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Housing Market Comparison

See how this home compares to others in Ada, OK.

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Ada, OK

City

Med. Sold Price

$194.5K

Med. Price/SqFt

$120

Avg. Days On Market

38

# of Sold Homes

33

611 S Stockton Ave vs Ada

79 DAYS ON ROCKET

+41 Days

$74,900

-$119.6K Less

$49/SqFt

-$72 Less

KEY TAKEAWAY

This property is $119.6K less than the Median Sold Price and $72/SqFt less than other homes in Ada, OK.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TULSA
  • MLS Number: #2431289

Listing Office:

  • Office Name: Southern Oklahoma Realty
  • Office Phone: (580) 222-4555
  • Listing Agent: Emma Dougherty

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$441

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-394572
4
/10

  • Washington Grade Center

  • 600 S Oak Ave

  • 0.30 miles

  • Public District Grades 3-4

school-card-donut-394573
5
/10

  • Willard Grade Center

  • 817 E 9th St

  • 0.96 miles

  • Public District Grades 5-6

school-card-donut-394574
4
/10

  • Latta Elementary School

  • 13925 County Road 1560

  • 1.85 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,039. Typical income of Ada, OK residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Ada, OK

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Ada, OK.

Ada's housing market offers a blend of residential options, with single-family homes being the most prevalent, reflecting a mix of traditional and ranch-style architecture. The market is characterized by a range of properties that cater to different preferences, with a notable portion of the housing stock dating back to the mid-20th century. The homeownership rate in Ada is robust, with a significant majority of residents owning their homes, while a smaller segment of the population opts for rental opportunities.

What is it like to live in Ada, OK?

Ada is celebrated for its small-town charm and community-oriented spirit. The city prides itself on hosting events like the Ada Air Expo and the annual 4th of July fireworks display, which foster a sense of local pride and togetherness. The community's character is further defined by its local parks, historical sites, and the East Central University campus, which adds a vibrant, educational atmosphere to the area.

Is it easy to get around Ada, OK without a car?

The community is served by a network of public schools, including several elementary schools, a couple of middle schools, and a high school, as well as a few private educational institutions. Ada is home to a regional medical center that provides a range of healthcare services, from emergency care to specialized treatments. The city also features a public library, a variety of retail shops, and dining establishments that offer a taste of local cuisine. City initiatives are in place to continually improve these services to meet the evolving needs of Ada's residents.

Transportation in Ada, OK.

Transportation in Ada includes a mix of private and public options, with local bus services operating on a set schedule to accommodate residents and visitors. The city's layout promotes a degree of walkability, particularly in the downtown area, while bike paths are available for cycling enthusiasts. Major roads connect Ada to surrounding regions, and ongoing efforts are made to enhance the efficiency and accessibility of the city's transportation network.

Rocket Homes›Oklahoma›Pontotoc County›Ada›74820›611 S Stockton Ave

This home is located at 611 S Stockton Ave in Ada, OK and zip code 74820. This 1,536 square foot home, which was built in 1920, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $74,900.

Over 4 listings were sold over their listed price in October 2024 in Ada, OK. In the same period over 19 listings were sold below the listed price and 10 listings were sold for the listed price. The inventory of homes for sale in Ada, OK between September 2024 and October 2024 increased by 10.3%. Listings spent 38 days on the market in October 2024, and had a median list price of $194,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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