Bought with Brooklyn Frazier
$45,000
$55,000
18.2%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
528 SqFt
SOLD DATE : 07/22/2025
Key Details
Sold Price $45,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 528 sqft
Price per Sqft $85
MLS Listing ID OKC1176231
Sold Date 07/22/25
Style Ranch
Bedrooms 1
Full Baths 1
Construction Status Frame
Year Built 1937
Annual Tax Amount $163
Lot Size 6,970 Sqft
Acres 0.16
Property Sub-Type Single Family Residence
Property Description
This property presents a great investment opportunity in Spencer, OK. Previously leased as a Section 8 rental, it successfully passed all Section 8 inspections and requirements, making it an attractive option for investors seeking stable rental income. The current Section 8 rental rate for this home is $990 per month, providing a reliable cash flow potential. Well-maintained and tenant-ready, this property is ideal for buyers looking to enter or expand in the rental market with a home that has a proven history of compliance and steady income.
Location
State OK
County Oklahoma
Interior
Heating Other
Cooling Window Unit(s)
Fireplaces Type None
Fireplace Y
Exterior
Exterior Feature None
Roof Type Composition
Private Pool false
Building
Lot Description Corner Lot
Foundation Slab
Architectural Style Ranch
Level or Stories One
Structure Type Frame
Construction Status Frame
Schools
Elementary Schools Spencer Es
Middle Schools Star Spencer Ms
High Schools Star Spencer Hs
School District Oklahoma City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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