118 W 18th, Ada, OK 74820
Ada Original · Pontotoc County
Key Facts
Description
Build Scale with One Smart Move – 10-Unit Multifamily Investment! Expand your portfolio with this 10-unit apartment building positioned in a desirable location with consistent rental demand. The property consists of ten 1 bedroom, 1 bathroom units, an efficient and proven layout favored by investors for ease of management and leasing. Current rents range from $450–$775 per month, offering a solid income base with room to optimize over time. All utilities are paid by the landlord, keeping operations streamlined and predictable. With multiple doors under one roof, this asset presents a compelling opportunity for investors looking to build scale, diversify income, and strengthen their multifamily holdings.
Property Information
Property Type
Commercial Sale
Sub-Type
Apartment
Year Built
1950
Living Area
6,148 sq ft
Lot Size
0.32 acres
Days on Market
106
MLS® Listing#
2604269
Property Features
Interior
Cooling
Heating
Basement
Fencing
Construction
Roof
Community
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$3,032
Tax year 2025
Parcel Number
0005-00-140-011-0-000-00
Directions
From the intersection of Main St and Broadway: Go South on Broadway and turn West on 18th, property is on the North side of the street.
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ada, OK
- $211,765
- Median Listing Price
- 52
- Median Days on Market
- 1,507
- Median Sq Ft
- $131
- Median Price / Sq Ft
- 106
- Active Listings
- This home’s price is 18% above the area median.
- Its price per sq ft is 69% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ada, OK.
Location
Points of Interest in Ada, OK
Showing the Ada area map.
Nearby Schools
Ada Junior High School
Secondary · 0.2 mi away
Ada City Schools
School · 0.2 mi away
Washington Elementary School
Elementary · 0.5 mi away
Ada Public Schools
School · 0.5 mi away
Hayes Grade Center
Elementary · 0.5 mi away
Willard Elementary School
Secondary · 0.9 mi away
Ada High School
Secondary · 1.1 mi away
Latta Public School
Secondary · 1.9 mi away
The Chickasaw Nation
School · 2.0 mi away
Homer Elementary School
Elementary · 2.9 mi away
Monte Vista Academy
School · 2.9 mi away
McCalls Chapel School
School · 4.8 mi away
Byng High School
Secondary · 6.7 mi away
Byng Public Schools
School · 6.7 mi away
Francis Elementary School
Elementary · 7.5 mi away
Vanoss Public Schools
School · 10.8 mi away
McLish Middle School- Stonewall Public School District
Secondary · 11.6 mi away
Stonewall Public Schools
School · 11.9 mi away
Stonewall High School
Secondary · 11.9 mi away
Roff High School
Secondary · 13.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 9816 County Road 3579, Ada, OK | $175,000 | 4 | 2 | 1,438 |
| 218 E Main, Ada, OK | $175,000 | — | — | 2,550 |
| 7358 State Highway 3 Way, Ada, OK | $177,900 | — | — | 2,260 |
| 1004 S Highland, Ada, OK | $182,900 | 3 | 2 | 1,370 |
| 130 Acker Drive, Ada, OK | $184,000 | 4 | 3 | 2,670 |
| 629 W 1st, Ada, OK | $184,072 | 2 | 2 | 1,064 |
Moving Cost Estimate
EXIT Agents in Ada
Listing Courtesy: Mary Terry & Associates Real E - 5803328933
Presented by: Tyler Thompson