Renovation-Required
For Sale
$120,000
101 N 7th Street, Ponca City, OK 74601
Built in 1929, this 4-unit quadplex needs complete renovation and may qualify for Ponca City HIP 2.0 incentives.
Property Size2,886 SF
Days on Market98
Property Features for 101 N 7th Street
General Information
Standard status
Active
Size
2,886 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$870
Building Details
Building Size
2,886 SF
Year Built
1929
Stories
2
Units
4
Listing Agency:
Chinowth & Cohen
(405) 456-9966
Listed By:
Aubrey Noblitt
(405) 456-9966
Source:
Capitalrealestateok
Added: May 18
Changed: Aug 23
Last Checked: Aug 23 at 6:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chinowth & Cohen
Investment Insights
Based on property information with market context.
Located at 101 N 7th St in Ponca City, OK, this 4-unit multifamily property was built in 1929 and is being offered as a full value-add opportunity that requires complete renovation.
The offering is positioned to take advantage of Ponca City’s Housing Incentive Program 2.0. The Ponca City Utility Authority has set aside $300,000 annually for incentives supporting developers rehabilitating existing multi-family housing units, with adaptive reuse of older properties as a stated program goal. The Ponca City Development Authority has committed an additional $1 million in HIP 2.0 incentives over three years, with more than $470,000 already awarded to active projects.
Recent city investment also includes a $968,000 ARPA-funded Streetscape Project along Grand Avenue, described as the corridor connecting directly to the property, completed in mid-summer 2025. The listing further notes that E.M. Trout Elementary School, Northern Oklahoma College, Standing Bear Park, and the restored 1927 Poncan Theatre are within close proximity, alongside a growing restaurant and retail corridor within walking distance of the front door.
The offering is positioned to take advantage of Ponca City’s Housing Incentive Program 2.0. The Ponca City Utility Authority has set aside $300,000 annually for incentives supporting developers rehabilitating existing multi-family housing units, with adaptive reuse of older properties as a stated program goal. The Ponca City Development Authority has committed an additional $1 million in HIP 2.0 incentives over three years, with more than $470,000 already awarded to active projects.
Recent city investment also includes a $968,000 ARPA-funded Streetscape Project along Grand Avenue, described as the corridor connecting directly to the property, completed in mid-summer 2025. The listing further notes that E.M. Trout Elementary School, Northern Oklahoma College, Standing Bear Park, and the restored 1927 Poncan Theatre are within close proximity, alongside a growing restaurant and retail corridor within walking distance of the front door.
Key Highlights
- 4‑unit multifamily building built in 1929
- Property requires complete renovation
- May qualify for Ponca City Housing Incentive Program 2.0 (HIP 2.0)
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
868
Businesses Nearby
Explore this area
Business Placement
Demographics for 74601, OK
18,962
Population
8,924
Households
2.1
Avg Household Size
36
Median Age
15%
College-Educated
89%
High-School Grad
160.4 sq mi
ZIP Area
118
Density / Sq Mi
$48,810
Median Household Income
$33,098
Median Earnings
$860
Median Rent
$94,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Built in 1929, this 4-unit quadplex needs complete renovation and may qualify for Ponca City HIP 2.0 incentives.
Where is this quadplex located?
The property is located at 101 N 7th Street Ponca City, OK.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 4‑unit multifamily building built in 1929; Property requires complete renovation; May qualify for Ponca City Housing Incentive Program 2.0 (HIP 2.0)
