500 W 16th St
Ada, OK 74820
3 Beds
1.5 Baths
1,510 sqft
3 Beds
1.5 Baths
1,510 sqft
Local Information
© Google
-- mins to
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.
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.
Home Highlights
Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$83
Listed
60 days ago
Home Details for 500 W 16th St
|
|---|
Interior Details Basement: Crawl Space |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1510 Square Feet |
Appliances & Utilities Utilities: Electricity Available, Natural Gas Available, Water AvailableAppliances: Electric Water Heater, Oven, Range, RefrigeratorLaundry: Washer Hookup,Electric Dryer HookupRefrigerator |
Heating & Cooling Heating: Central,Gas,RadiantHas CoolingAir Conditioning: 2 UnitsHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Window: Storm Window(s), Wood FramesFlooring: Vinyl, Wood |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Vinyl, Wood |
Security Security: No Safety Shelter |
|
|---|
Exterior Home Features Roof: OtherPatio / Porch: PorchFencing: Chain Link, PartialOther Structures: StorageExterior: NoneFoundation: Crawlspace |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a CarportHas a GarageParking Spaces: 1Parking: Carport |
Pool Pool: None |
Water & Sewer Sewer: Public Sewer |
|
|---|
Cumulative Days on Market: 170Days on Market: 60 |
|
|---|
Year Built Year Built: 1942 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Cottage |
Building Construction Materials: Wood Siding, Wood FrameNo Additional Parcels |
|
|---|
Price List Price: $124,900Price Per Sqft: $83 |
Status Change & Dates Possession Timing: Negotiable |
|
|---|
MLS Status: Active |
|
|---|
Direction & Address City: AdaCommunity: Daggs |
School Information Elementary School: AdaElementary School District: Ada - Sch Dist (I9)Jr High / Middle School District: Ada - Sch Dist (I9)High School: AdaHigh School District: Ada - Sch Dist (I9) |
|
|---|
Listing Agent Listing ID: 2608089 |
|
|---|
Building Area Building Area: 1510 Square Feet |
|
|---|
Not Senior Community |
|
|---|
Association for this Listing: MLS TechnologyNo HOA |
|
|---|
Lot Area: 7013.16 sqft |
|
|---|
Contingencies: 0Listing Terms: Conventional |
|
|---|
Mls Number: 2608089Living Area Range Units: Square Feet |
Last check for updates: about 2 hours ago
Listing courtesy of Mickala Estabrooks, (580) 310-2120
Sweeney & Associates
Originating MLS: MLS Technology
Source: MLS Technology, Inc., MLS#2608089
Also Listed on MLS Technology, Inc..
Price History for 500 W 16th St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/09/2026 | $124,900 | Listed For Sale | MLS Technology, Inc. #2608089 |
| 02/19/2026 | $124,900 | ListingRemoved | MLS Technology, Inc. #2537832 |
| 01/02/2026 | $124,900 | PriceChange | MLS Technology, Inc. #2537832 |
| 10/28/2025 | $129,500 | PriceChange | MLS Technology, Inc. #2537832 |
| 10/08/2025 | $147,500 | PriceChange | MLS Technology, Inc. #2537832 |
| 09/02/2025 | $149,000 | Listed For Sale | MLS Technology, Inc. #2537832 |
| 10/24/2024 | $139,500 | ListingRemoved | MLS Technology, Inc. #2424509 |
| 10/01/2024 | $129,000 | PriceChange | MLS Technology, Inc. #2424509 |
| 08/29/2024 | $139,000 | PriceChange | MLS Technology, Inc. #2424509 |
| 07/11/2024 | $149,000 | Listed For Sale | MLS Technology, Inc. #2424509 |
Similar Homes You May Like
Scott Ward, Mary Terry & Associates Real E- NEW - 2 DAYS AGOAngela Todd, Sweeney & Associates
- Tisha Cypert, Heart Land Pro Realty L.L.C
- Sarah Barton Carlsson, Margaret Barton & Associates
- 0.31 ACRESDavid Briscoe, Keller Williams Realty Elite
- 0.32 ACRESJulie Taylor, Gray Real Estate Elite, Inc.
- Rhiannon Debrosky, Gray Real Estate Elite, Inc.
- 0.29 ACRESCasie Elkins, Home Place Real Estate
- 0.33 ACRESMary Jo Edens, Sweeney & Associates
- 3.5 ACRESBurt Dailey, Home Place Real Estate
- 5 ACRESJunior Vargas, Gray Real Estate Elite, Inc.
- 5.45 ACRESDavid Logan, Gray Real Estate Elite, Inc.
- 2.24 ACRESTisha Raney, NATIVE REALTY & LAND CO
- 0.32 ACRESSheila Goad, Mary Terry & Associates Real E
- 0.32 ACRESEmily Madden, Baca Realty Group LLC
- 0.7 ACRESMary Jo Edens, Sweeney & Associates
- 0.48 ACRESTisha Raney, NATIVE REALTY & LAND CO
- 0.4 ACRESTonja Weaver, Sweeney & Assoc of Holdenville
- FOR SALE BY OWNER10 ACRES
- 10 ACRESKody Khoda, Ariston Realty
- 0.63 ACRESJinger McClure, Huckeby & Associates
See more homes for sale inAda
New Listings near 500 W 16th St
- NEW - 2 DAYS AGOAngela Todd, Sweeney & Associates
- 0.31 ACRESDavid Briscoe, Keller Williams Realty Elite
- Tisha Cypert, Heart Land Pro Realty L.L.C
- Sarah Barton Carlsson, Margaret Barton & Associates
- 0.33 ACRESMary Jo Edens, Sweeney & Associates
- Rhiannon Debrosky, Gray Real Estate Elite, Inc.
- 0.32 ACRESJulie Taylor, Gray Real Estate Elite, Inc.
- 3.5 ACRESBurt Dailey, Home Place Real Estate
- Scott Ward, Mary Terry & Associates Real E
- See more homes for sale inAda
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $563 |
| Assessment | $45,600 |
Home facts updated by county records
Comparable Sales for 500 W 16th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $79,000 | 09/02/25 | 3 | 1.5 | 1,536 | |
0.15 | Single-Family Home | $169,000 | 12/17/25 | 3 | 2 | 1,595 | |
0.17 | Single-Family Home | $219,000 | 07/24/25 | 3 | 2 | 1,280 | |
0.09 | Single-Family Home | $126,000 | 05/13/25 | 4 | 1 | 1,380 | |
0.18 | Single-Family Home | $109,500 | 12/22/25 | 3 | 2 | 934 | |
0.17 | Single-Family Home | $148,400 | 12/08/25 | 3 | 2 | 1,715 | |
0.20 | Single-Family Home | $165,000 | 04/02/26 | 3 | 2 | 1,173 | |
0.27 | Single-Family Home | $58,900 | 10/23/25 | 3 | 1 | 1,422 | |
0.24 | Single-Family Home | $65,000 | 03/26/26 | 4 | 2 | 1,746 | |
0.23 | Single-Family Home | $115,000 | 08/21/25 | 2 | 1 | 1,320 |
Assigned Schools
These are the assigned schools for 500 W 16th St.
- Ada High School
- 10-12
- Public
- 590 Students
7/10GreatSchools RatingParent Rating AverageThis school is basically a popularity contest that begins with the teachers. The teachers (if you want to call them that) are severely lacking in their own education so how would they be able to teach your children? I graduated from this school and was totally unprepared for college even with a 3.75 GPA (which doesn't mean much because I slacked off quite a bit). Luckily, after severely applying myself I have obtained a Master's degree from a large university; however, this "school" did nothing to help me attain that goal. Not everyone is as gifted as I am. If you value your children's education get them as far away from this school as possible.Other Review12y ago - Ada Early Childhood Center (AECC)
- PK-K
- Public
- 349 Students
4/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Hayes Elementary School
- 1-2
- Public
- 380 Students
4/10GreatSchools RatingParent Rating AverageTeachers are wonderful and care so much for the students. My child has learned so much being at Hayes and I have always been able to contact his teacher anytime I had questions or concerns.Parent Review14y ago - Washington Elementary School
- 3-4
- Public
- 423 Students
5/10GreatSchools RatingParent Rating AverageWashington Grade Center has been a wonderful school for my 3rd grader. She brings home ample work showing her progress, what is being taught, and all content is age-appropriate learning. She is encouraged to read often and has a wonderful teacher. This teacher has not only taught required learning but also includes valuable life skills into her classroom. Children learn about finance, simple budgeting, spending, saving etc. through their classroom "Neighborhood". They have "jobs" where they learn responsibility and management skills. The teachers, staff, and support staff are all incredible. Ms. Wilkins, the principal, is amazing. The school has Monday morning meetings with kiddos in a group setting, they teach and lead by example the 7 Habits of Highly Effective People, the hallways are clean and inviting. Washington is a safe school. Doors remained securely locked, and visitors must check in with a state-issued photo ID. Washington schools have the best school resource officers who not only keep the kids and faculty safe but know each kid by name. These resource officers are involved in the classroom by reading to students or filling in gaps where needed. 10/10 I would recommend Washington Grade Center.Parent Review1y ago - Willard Elementary School
- 5-6
- Public
- 380 Students
4/10GreatSchools RatingParent Rating AverageI've had two children at this school, and they have both learned a lot, while being prepared for the junior high experience.Parent Review10y ago - Ada Junior High School
- 7-9
- Public
- 579 Students
6/10GreatSchools RatingParent Rating AverageTeachers are great and if you are doing what you are there for its a great school. most complaints are the ones who usually buck the system. really great schools and teachers!Parent Review12y ago 
Check out schools near 500 W 16th St.
What Locals Say about Ada
At least 127 Trulia users voted on each feature.
88 % Say car is needed
86 % Say yards are well-kept
78 % Say parking is easy
77 % Say there's holiday spirit
65 % Say it's dog friendly
63 % Say kids play outside
53 % Say there's wildlife
49 % Say neighbors are friendly
49 % Say it's quiet
44 % Say people would walk alone at night
42 % Say they plan to stay for at least 5 years
31 % Say there are sidewalks
29 % Say it's walkable to grocery stores
26 % Say it's walkable to restaurants
23 % Say streets are well-lit
16 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mickala Estabrooks, Sweeney & Associates
Agent Phone: (580) 310-2120
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
500 W 16th St, Ada, OK 74820 is a 3 bedroom, 2 bathroom, 1,510 sqft single-family home built in 1942. This property is currently available for sale and was listed by MLS Technology, Inc. on Mar 9, 2026. The MLS # for this home is MLS# 2608089.