$55,000

8821 NE 50th St Spencer, OK 73084

$653
Closing credit¹
1 bed
1 full
528 sqft
0.2 acres
$104 / sqft
House

Property details

About 8821 NE 50th St

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.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingWindow Unit(s)
Size528 sqft
Lot size0.16 Acres
Year built1937
MLS #1176231

Summary

  • Full Bathrooms: 1
  • Fireplace: None
  • Total Bedroom Count: 1
  • Private Pool: No
  • Exterior: None
  • Architectural Style: Ranch
  • Heating: Other
  • Cooling: Window Unit(s)
  • List Price: $55,000
  • Price/SqFt: $104
  • Annual Tax Amount: $154
  • Tax Year: 2023
  • Lot: Corner Lot
  • Directions: From NE 23rd St, turn to N Douglas Blvd, then take left to NE 50th St. Property is at the corner of NE 50th St and Pool Ln.
  • Year Built: 1937
  • Stories: 1
  • Living Area: 528 SqFt
  • Lot Size: 0.16 Acres
  • MLS Number: 1176231
  • MLS Name: MLSOK
  • Office Name: The Brokerage
  • Office Phone: (405) 451-4805
  • Listing Agent: Brooklyn Frazier

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: 6/24/2025, 12:59:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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8821 NE 50th St, Spencer, OK 73084 - view of outbuilding

$55,000

8821 NE 50th St

$653

closing credit¹

Sell your home with Rocket and save even more!

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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$1,429$154
2022$1,359$138
2021$1,295$138
2020$1,234$133
2019$1,176$109
2017$1,065$104

History based on county public records data.

Nearby schools

3

Spencer Elementary School

Public District 2-3

0.1 mi

8900 NE 50th St

5

Ridgecrest Elementary School

Public District PK-5

3.8 mi

137 W Ridgewood Dr

7

Nicoma Park Intermediate Elementary School

Public District 3-5

3.9 mi

1318 Hickman Ave

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 $39,742. Typical income of Spencer, OK residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

42%
<35k
53%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
14%
Single, with Kids
26%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
42%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8821 NE 50th St

The listing price of 8821 NE 50th St property is $55,000.

The property 8821 NE 50th St is a house located in Spencer, Oklahoma, 73084.

Active Listing: 8821 NE 50th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8821 NE 50th St are: Spencer Elementary School (GreatSchools Rating 3/10), Ridgecrest Elementary School (GreatSchools Rating 5/10), Nicoma Park Intermediate Elementary School (GreatSchools Rating 7/10), Star Spencer Middle School (GreatSchools Rating 4/10), Crutcho School (GreatSchools Rating 5/10), Nicoma Park Middle School (GreatSchools Rating 7/10), Star Spencer High School (GreatSchools Rating 1/10), Insight School of Oklahoma High School (GreatSchools Rating 1/10), Okla. Virtual Charter Academy High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $154 (source: MLS/based on county public records data).

The property at 8821 NE 50th St has 1 bedroom and 1 bathroom.

The property 8821 NE 50th St is 528 SqFt (source: MLS/tax record).

The year of construction for 8821 NE 50th St is 1937.

This home is located at 8821 NE 50th St in Spencer, OK and zip code 73084. This 528 square foot home, which was built in 1937, sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $55,000.

In May 2025, from all listings sold in Spencer, OK there were more than 3 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. Between April and May 2025, Spencer, OK real estate market has seen increase in the number of listings by 31.8%. In May 2025 median list price was $153,250 and the average listing age was 30 days.

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

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