325 S Palm Street, Ponca City, OK 74601
Kay County
Key Facts
Description
Turn-key investment opportunity with immediate cash flow. This 1925 bungalow blends original character with recent updates — new flooring throughout, updated PEX plumbing, fresh paint, and a functional, light-filled floorplan with an electric fireplace. A covered front porch and generous backyard add curb appeal and outdoor space for tenants to enjoy. Central heat and air, gas range, and a full appliance package keep the unit low-maintenance. Currently leased with a reliable tenant in place at $1,100/month — a gross annual return of roughly 12.7% on the list price, day one. No vacancy gap, no lease-up costs; step into an income-producing asset in the Ponca City school district (Lincoln ES / Ponca City West MS / Ponca City HS).
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow
Year Built
1925
Living Area
1,195 sq ft
Lot Size
0.16 acres
Lot Dimensions
50' x 140'
Days on Market
120
MLS® Listing#
1213731
Property Features
Appliances
Cooling
Heating
Fireplace
Patio
Lot Features
Construction
Roof
Schools
- Elementary:
- Lincoln ES
- Middle:
- Ponca City West MS
- High:
- Ponca City HS
Financial Details
Parcel Number
325SPalm74601
Directions
From E South Ave, head North on Palm St. Property is North of W Ponca Ave on the East side of the street
Affordability Calculator
$20,800
Estimated monthly payment
$554/mo
Principal $83,200 · Est. interest $116,071 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ponca City, OK
- $290,578
- Median Listing Price
- 52
- Median Days on Market
- 1,725
- Median Sq Ft
- $157
- Median Price / Sq Ft
- 2,411
- Active Listings
- This home’s price is 64% below the area median.
- Its price per sq ft is 44% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ponca City, OK.
Location
Points of Interest in Ponca City, OK
Showing the Ponca City area map.
Nearby Schools
Ponca City Public Schools
School · 0.5 mi away
West Middle School
Secondary · 0.5 mi away
Lincoln Elementary School
Elementary · 0.6 mi away
East Middle School
Secondary · 0.9 mi away
St Mary's Catholic School
School · 0.9 mi away
Garfield Elementary School
Elementary · 0.9 mi away
Roosevelt Elementary School
Elementary · 1.2 mi away
Liberty Elementary School
Elementary · 1.2 mi away
First Lutheran School
School · 1.3 mi away
Ponca City High School
Secondary · 1.3 mi away
Washington Elementary
Elementary · 1.7 mi away
Woodlands Elementary School
Elementary · 2.3 mi away
Union Elementary School
Elementary · 2.4 mi away
Trout Pta
Elementary · 3.3 mi away
McCord Public School
Elementary · 4.2 mi away
McCord Elementary Ponca City Ok
Elementary · 4.2 mi away
Kildare Public School
Elementary · 7.7 mi away
Tonkawa Public Schools
School · 11.5 mi away
Tonkawa es
Elementary · 11.6 mi away
Tonkawa Elementary School
Elementary · 11.9 mi away
Commute Calculator
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|---|---|---|---|---|
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| 2620 N Ann Arbor Avenue 208, Oklahoma City, OK | $79,000 | 3 | 2 | 1,276 |
| 1204 W B Avenue, Elk City, OK | $79,000 | 3 | 1 | 1,188 |
| 6728 N Meridian Avenue C, Oklahoma City, OK | $79,000 | 2 | 2 | 1,196 |
Moving Cost Estimate
EXIT Agents in Ponca City
Listing Courtesy: Chinowth & Cohen - 4053300031
Presented by: Aubrey Noblitt