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6
Bedrooms
2.0
Baths
2,744
Sqft
$146
Price/Sqft
0.30
Acres
About this home
?? Turnkey Side-by-Side Duplex Opportunity – Mixed-Use Income Stream – Fully Renovated ??Address: 108 S. Osage St, Ponca City, OK 74601 (and identical twin next door)
Price: $400,000 each – Buy One or Both
?? Income Snapshot
Duplex #1 – Fully Long-Term Rentals
Two 3BR/1BA units
Both leased at $1,280/month
Gross Income: $2,560/month ($30,720/year)
Duplex #2 – Mixed-Use Rentals
Unit A: Long-term lease at $1,280/month
Unit B: Airbnb, fully furnished 3BR, averaging $1,600/month, booked solid until September
Gross Income: $2,880/month ($34,560/year)
Package Total (Both Duplexes):
Current Gross: $5,440/month ($65,280/year)
Estimated Expenses: $1,000/month total ($12,000/year)
Net Operating Income (NOI): $53,280/year
Cap Rate: ~6.66% (with current operations)
Upside Potential: Converting additional units to Airbnb could push gross over $96,000/year.
?? Turnkey Renovations – Everything Brand New
Both duplexes have been gut-renovated with permits and warranties:
New framing, drywall, electrical, plumbing (each unit has one exterior faucet as well), roof, windows, brick work, soffits, balcony, stairs, electrical panels, removed hazzardous trees and replaced fenceing.
HVAC mini-splits (living room + each bedroom)
STAINMASTER PetProtect hardwood flooring + tile
All new kitchens: cabinets, countertops, appliances (LG stackable washer/dryer, fridge, microwave, dishwasher, range, garbage disposal)
In-line water heaters, electric fireplaces, updated bathroom fixtures
Tech upgrades: Ring doorbells + front/back cameras, Wi-Fi extenders
Passed city inspections, fully code-compliant
?? Location Advantage
Walk to downtown, schools, churches, parks, RecPlex Gym, refinery, restaurants. Short 10-15 minute drive to hospital, grocery, Starbucks, Lowes, Walmart and nearest casino. 45 minute drive to nearest airport, university, major shopping malls. 1 hr and a half to Tulsa and Oklahoma City.
Near major employers: city offices, hospital, refinery, several schools.
Area supports high Airbnb occupancy — many similar properties booking $2,800+/mo per unit
?? Investor Extras
Full rent rolls and signed rental contracts available for serious buyers
Flexible sale: Buy one duplex or both for a 4-unit portfolio
Perfect blend of stable long-term cash flow and higher-yield short-term rental upside
?? Call today to schedule a viewing — furnished Airbnb unit ready to generate income from Day 1!
Based on recent Airbnb market data for Ponca City, typical short-term rental listings in the area charge an average daily rate around $87 and have a median occupancy rate of 61%. Many of these nearby rentals offer fewer amenities compared to my duplex, yet they consistently achieve good booking levels throughout the year.
