108 S Osage St

What the listing says

RENOVATED INCOME DUPLEX ON ITS OWN PARCEL 108 S Osage St is a fully renovated duplex with two 3-bedroom, 1-bath units. The matching duplex next door at 100 S Osage is also for sale, separately or together. INCOME Upper unit: long-term lease at $1,280/month. Lower unit: furnished mid-term rental near the refinery. Since launching in June 2026: 94% of nights booked, $77 average nightly rate, 30-night average stay, about $1,900/month after Airbnb fees. Previously leased at $1,280/month. Collected in the last 12 months: about $33,700, including a vacancy while the lower unit was furnished. OWNER'S ACTUAL ANNUAL COSTS Property tax: $1,854 (2025) Insurance: about $1,850 Utilities: about $3,100. Owner pays water for both units and all utilities for the furnished unit, which average $123/month for electric, sewer, refuse and broadband. Cleaning: $60 to $100 per turnover Net before repairs and management: about $26,500 RENOVATION (2025, permitted and city-inspected) New roof, windows, electrical, panels, plumbing, framing and drywall Ductless mini-split heating and cooling in the living room and every bedroom New kitchens: cabinets, countertops, refrigerator, range, dishwasher, microwave, disposal LG stackable washer and dryer in each unit- Tankless water heaters, electric fireplaces, new flooring and tile, updated baths Ring doorbells and cameras, new fencing, off-street parking for 6 LOCATION Walk to downtown Ponca City, schools, parks and the RecPlex. Close to the refinery, hospital and city offices. About 1.5 hours to Tulsa and Oklahoma City. TERMS Leases, 12 months of utility bills, Airbnb earnings reports, tax records and permits available to qualified buyers. Local help in place: the cleaner lives next door at 100 S Osage as a tenant, and a local handyman services the property. Parcel ID 0800-00-003-001-0-001-00.