$75,000

500 N Union St Ponca City, OK 74601

$891
Closing credit¹
4 beds
2 full
2,784 sqft
0.2 acres
$27 / sqft
House

Property details

About 500 N Union St

Unique Investment Opportunity: Two Homes on One Lot! This rare opportunity features two homes on the same lot, both offering great potential for the right investor. The first home is a 3-bedroom, 1-bathroom that offers 1,130 sqft of potential and is ready for your vision and expertise. Situated on a large corner lot, the property features a storm shelter for added safety and peace of mind. Though it requires some work, it presents an excellent opportunity for investors or those looking for a rewarding renovation project. This home is a fantastic option for buyers looking to grow their investment. The second home is a 1-bedroom, 1-bathroom property with approximately 650 sqft. Currently vacant, it requires some work to complete the renovation, making it an ideal fixer-upper project for someone looking to add value. With a little vision and effort, this space can be transformed into a charming home or rental unit. Located just 0.3 miles (a 3-minute drive) from downtown Ponca City, this home is ideally positioned for convenience, with both elementary and middle schools less than 1 mile away. This prime location combined with the property’s size and potential makes it an exceptional opportunity. Additionally, right next door is another property that is 2 bedrooms and 1 bathroom. This property is currently rented with a steady cashflow of $825/month. Buyer has to purchase all three properties (MLS 1148696 & MLS1148704); However, a significant discount is available for a package deal. Owning all three homes next to each other presents a unique opportunity to expand your investment portfolio. Don’t miss out—schedule a showing today to explore the potential of this property and the exciting opportunity to own three adjacent homes! *** Seller is also selling other properties and opening to offer a substantial discount for a package deal for all 7 of their properties with MLS# 1149172, 1149161, 1148696, 1148704, 1148712, 1149141 ***

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
Size2,784 sqft
Lot size0.2059 Acres
Year built1920
MLS #1148704

Virtual tour

Summary

  • MLS Number: 1148704
  • MLS Name: MLSOK
  • Office Name: Bailee & Co. Real Estate
  • Office Phone: (405) 650-1450
  • Listing Agent: Khoa Nguyen, Christy Kruckeberg

IDX Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:59:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style home with covered porch and a front lawn

$75,000

500 N Union St

$891

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$3,222$311
2021$1,652$157
2020$1,652$156
2019$1,652$155
2018$1,601$157
2017$1,601$157

History based on county public records data.

Nearby schools

6

Roosevelt Elementary School

Public District KG-5

0.7 mi

815 E Highland Ave

4

Liberty Elementary School

Public District KG-5

0.7 mi

505 W Liberty Ave

5

Garfield Elementary School

Public District KG-5

0.9 mi

600 S 8th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,000. Residents of Ponca City, OK typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

51%
<35k
42%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

44%
Single, No Kids
20%
Single, with Kids
17%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 500 N Union St

This home is located at 500 N Union St in Ponca City, OK and zip code 74601. This 2,784 square foot home, which was built in 1920, sits on a 0.21 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 4, 2025 and is currently priced at $75,000.

From Rocket Homes Real Estate and based on county public records data.

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