543 SE Wilshire Ave · Bartlesville, OK 74006

$134,900

3 bd · 1.0 ba · 1,422 sqft · SingleFamily public records · 2 Days on market

Built 1955 7,200 sqft lot Est $149k · 10% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.9/30.0
• ARV discount +11.8/15.0
• DSCR +7.0/10.0
• 1% rule +5.4/10.0
• Livability +3.2/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

WHY PAY RENT! Remodeled home with 3 bedrooms and an office. Wood floors have been redone. Kitchen countertops have been updated. New flooring and hot water tank.

Key facts

• Stylish kitchen
• Updated countertops
• Fresh interior paint

Tags

• METAL FRAMED STORAGE BUILDING
• ORIGINAL HARDWOOD FLOORS
• UPDATED VINYL WINDOWS
• FRESH INTERIOR PAINT
• UPDATED COUNTERTOPS
• STYLISH KITCHEN

Property features AI

Exterior

• Parking: Concrete driveway
• Security: No safety shelter
• Utilities: Electricity available; Natural gas available; Public water; Public sewer
• Home design: Single-story home; Faces east; Crawlspace foundation
• Construction: HardiPlank siding and wood frame construction; Asphalt/fiberglass roof; Home warranty included
• Exterior features: Concrete driveway; Patio; Storage shed(s); Chain link fencing

Interior

• Kitchen: Oven; Kitchen with breakfast nook
• Bedrooms: Four bedrooms on the first floor (including a master bedroom)
• Flooring: Laminate flooring; Wood flooring
• Bathrooms: One full bathroom (hall/full)
• Heating & cooling: Central heating (gas); Central air conditioning
• Interior features: Vinyl windows; Laminate counters; Programmable thermostat; Electric range connection
• Laundry & utility: Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $212 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Cap rate 8.2% vs local median 4.7% in Bartlesville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 64/100 on livability (#175 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, schools D+, crime D+.
• Bartlesville (town): math 30% / reading 29% proficiency, ranked #59 of 270 in OK (top 22%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 231 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 46 units permitted in Washington County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Washington County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 29y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,900

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 8.18%
• Cash-on-cash: 6.73%
• DSCR: 1.30
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $149,310
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4105 Fleetwood Dr	0.23mi	3/1.0	1,314 (-8%)	2mo	$113,000	$86	75
4932 Amherst Dr	0.51mi	3/1.5	1,416 (-0%)	0mo	$151,650	$107	74
328 SE Waverly Ave	0.47mi	3/1.0	1,365 (-4%)	4mo	$144,000	$105	68
4947 Baylor Dr	0.54mi	3/2.0	1,405 (-1%)	3mo	$120,000	$85	66
129 Fleetwood Pl	0.23mi	3/2.0	1,260 (-11%)	0mo	$134,000	$106	66
4732 Cornell Dr	0.28mi	3/1.5	1,258 (-12%)	3mo	$132,000	$105	63
4704 Cornell Dr	0.19mi	3/1.5	1,216 (-14%)	3mo	$80,000	$66	63
349 Cara Lee Ln	0.43mi	3/2.0	1,548 (+9%)	0mo	$203,000	$131	61
5423 Baylor Dr	0.63mi	3/2.0	1,476 (+4%)	0mo	$146,000	$99	60
1001 May Ln	0.60mi	3/2.0	1,475 (+4%)	2mo	$175,000	$119	60
5610 Baylor Dr	0.73mi	3/2.0	1,407 (-1%)	3mo	$145,000	$103	57
4513 Tuxedo Blvd	0.75mi	4/2.0 (+1)	1,571 (+10%)	3mo	$103,000	$66	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.78×
• Total profit: $-8,370
• Equity at exit: $20,114

10-year hold

• IRR: 3.7%
• Equity multiple: 1.27×
• Total profit: $10,084
• Equity at exit: $11,664

Cash invested: $37,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 74006

• Home prices YoY: -33.2%
• Active inventory: 231
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,406 medium
• Mortgage (P&I): −$707
• Tax from tax record: −$135 /mo · $1,623/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $212

Break-even live

Break-even rent $1,138

Max offer price $134,900

Occupancy floor 80%

Sensitivity live

Price	-10% $288	-5% $250	+0% $212	+5% $174	+10% $135
Rent	-10% $101	-5% $156	+0% $212	+5% $267	+10% $323
Rate	-1.0pp $280	-0.5pp $246	base $212	+0.5pp $177	+1.0pp $141

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4715 SE Adams Blvd Unit 905D Bartlesville, OK	2.0	2.0	953	$900	$0.94	12d	1	0.35mi
5610 Baylor Dr Bartlesville, OK	3.0	2.0	1407	$1,500	$1.07	4d	1	0.71mi
5530 Colony Way Bartlesville, OK	1.0–2.0	1.0–2.5	1176	$1,399	$1.19	24d	4	0.74mi
437 NE Myers Ave Bartlesville, OK	4.0	2.0	1405	$1,500	$1.07	12d	1	1.26mi

Listing history 42 events

1. 2026-06-19
   days on market $134,900 Active 2 DOM
2. 2026-06-17
   days on marketlisting id $134,900 Active 1 DOM
3. 2026-06-15
   days on market $134,900 Active 35 DOM
4. 2026-06-14
   days on market $134,900 Active 33 DOM
5. 2026-06-12
   days on market $134,900 Active 32 DOM
6. 2026-06-09
   days on market $134,900 Active 29 DOM
7. 2026-06-08
   days on market $134,900 Active 28 DOM
8. 2026-06-07
   days on market $134,900 Active 27 DOM
9. 2026-06-05
   days on market $134,900 Active 24 DOM
10. 2026-06-03
    days on market $134,900 Active 23 DOM
11. 2026-06-02
    pricedays on market $134,900 Active 22 DOM
12. 2026-06-01
    days on market $139,999 Active 21 DOM
13. 2026-05-31
    days on market $139,999 Active 20 DOM
14. 2026-05-30
    days on market $139,999 Active 19 DOM
15. 2026-05-21
    price $139,999
16. 2026-05-11
    listed $141,000 Active
17. 2026-05-05
    historical
18. 2026-04-22
    listed $1,350
19. 2026-04-07
    price $141,000
20. 2026-03-16
    listed $149,999 Active
21. 2024-03-26
    soldstatus $125,000
22. 2024-03-21
    soldstatus $125,000 Closed 162-char remark

    Show marketing remark (162 chars)

    WHY PAY RENT! Remodeled home with 3 bedrooms and an office. Wood floors have been redone. Kitchen countertops have been updated. New flooring and hot water tank.

23. 2024-02-12
    status Pending 162-char remark

    Show marketing remark (162 chars)

    WHY PAY RENT! Remodeled home with 3 bedrooms and an office. Wood floors have been redone. Kitchen countertops have been updated. New flooring and hot water tank.

24. 2024-02-09
    listed $125,000 Active 162-char remark

    Show marketing remark (162 chars)

    WHY PAY RENT! Remodeled home with 3 bedrooms and an office. Wood floors have been redone. Kitchen countertops have been updated. New flooring and hot water tank.

25. 2023-01-09
    historical
26. 2022-12-30
    soldstatus $91,000 Closed
27. 2022-12-30
    listed $91,000
28. 2022-08-11
    soldstatus $447,000
29. 2017-08-01
    soldstatus $33,500 Closed
30. 2017-06-19
    status Pending
31. 2017-06-04
    status Active
32. 2017-05-18
    status Pending
33. 2017-05-09
    status Active
34. 2017-04-11
    status Pending
35. 2017-03-06
    listed $42,000 Active
36. 2002-12-17
    soldstatus $46,500
37. 2002-12-17
    soldstatus $46,500
38. 2002-11-11
    historical
39. 2002-09-03
    listed $46,500
40. 1997-12-29
    soldstatus $30,000
41. 1997-12-29
    soldstatus $30,000
42. 1997-10-26
    listed $29,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OK · Resets to sale price

• Current annual tax: $1,623 · $135/mo
• Projected year-2 tax: $1,623 · $135/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥112°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,871
• − Mortgage interest: −$7,556
• − Property taxes: −$1,623
• − Insurance: −$674
• − Repairs & maintenance: −$1,350
• − Management: −$1,350
• − Depreciation: −$3,924
• Taxable income: $393
• Est. tax owed @ 24.0%: −$94
• After-tax cash flow: $2,447/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bartlesville
• NCES district ID: 4003630
• Math proficiency: 30% ▼ -13.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $48,889
• Composite: 25.69/100
• National rank: #7389
• State rank: #59 of 270 in OK

Livability — Bartlesville

• Score: 64/100
• State rank: #175
• US rank: #13940

Category grades

Amenities F Commute F Cost of living A+ Crime D+ Employment C- Housing A+ Health & safety F User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bartlesville, OK
• County: Washington County · 41,935 people
• City population: 41,935
• Metro: Bartlesville, OK
• Population (ZIP): 27,911
• Household income: $71,796
• Rent vs Own: 24.2% rent · 75.8% own
• Severe rent burden: 563.0

Population outlook (Washington County) Hauer SSP2

• Today (2025): 54,946 people
• By 2030: 56,249 · +2.4%
• By 2040: 58,867 · +7.1%
• By 2050: 61,600 · +12.1%
• By 2075: 69,355 · +26.2%
• By 2100: 73,067 · +33.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 9% Native American 7% Hispanic / Latino 6% Asian 3% Black 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 3% Slovak 2% Serbian 2%
• Foreign-born: 5% · Canada, China, Vietnam
• Languages at home: 93% English-only · Spanish 4% Vietnamese 1% Chinese 1%

Political lean MEDSL · Washington

• 2024 margin: Solid R (+47.6) · D 25.0% · R 72.7% · Other 2.4%
• 2008→2024 swing: -3.1pp toward R · 2008: -44.6pp · 2024: -47.6pp
• All cycles: 2024: R+47.6 2020: R+48.0 2016: R+48.5 2012: R+47.8 2008: R+44.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -118.35%
• Current HPI: 237.9056
• Rent YoY: —
• Metro: Bartlesville, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Price history

+374.6% since first listed

28 events — show timeline

• 2026-05-21 Price Changed $139,999 MLS Technology, Inc.
• 2026-05-11 Listed $141,000 MLS Technology, Inc.
• 2026-05-05 Listing Removed — MLS Technology, Inc.
• 2026-04-22 Listed for Rent $1,350 Simplifyem
• 2026-04-07 Price Changed $141,000 MLS Technology, Inc.
• 2026-03-16 Listed $149,999 MLS Technology, Inc.
• 2024-03-26 Sold (Public Records) $125,000 Public Records
• 2024-03-21 Sold (MLS) $125,000 MLS Technology, Inc.
• 2024-02-12 Pending — MLS Technology, Inc.
• 2024-02-09 Listed $125,000 MLS Technology, Inc.
• 2023-01-09 Listing Removed — MLS Technology, Inc.
• 2022-12-30 Listed $91,000 MLS Technology, Inc.
• 2022-12-30 Sold (MLS) $91,000 MLS Technology, Inc.
• 2022-08-11 Sold (Public Records) $447,000 Public Records
• 2017-08-01 Sold (MLS) $33,500 MLS Technology, Inc.
• 2017-06-19 Pending — MLS Technology, Inc.
• 2017-06-04 Relisted — MLS Technology, Inc.
• 2017-05-18 Pending — MLS Technology, Inc.
• 2017-05-09 Relisted — MLS Technology, Inc.
• 2017-04-11 Pending — MLS Technology, Inc.
• 2017-03-06 Listed $42,000 MLS Technology, Inc.
• 2002-12-17 Sold (Public Records) $46,500 Public Records
• 2002-12-17 Sold (MLS) $46,500 MLS Technology, Inc.
• 2002-11-11 Listing Removed — MLS Technology, Inc.
• 2002-09-03 Listed $46,500 MLS Technology, Inc.
• 1997-12-29 Sold (Public Records) $30,000 Public Records
• 1997-12-29 Sold (Public Records) $30,000 Public Records
• 1997-10-26 Listed $29,500 MLS Technology, Inc.

Property tax history

+7.7%/yr

Latest (2025): $1,623 · +24.0% YoY. Source: county tax records.