1304 SW Jennings Ave · Bartlesville, OK 74003

$117,000

2 bd · 1.0 ba · 1,040 sqft · SingleFamily public records · 13 Days on market

Built 1960 7,650 sqft lot

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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 +21.1/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +6.7/10.0
• 1% rule +4.6/10.0
• Livability +3.2/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Darling Downtown Charmer! This adorable 2-bedroom, 2-bath home is just minutes from the heart of downtown Bartlesville. Inside features include 2 generous-sized bedrooms, including a primary suite with a private bath. Beautiful hardwood and tile floors throughout. The indoor laundry area is tucked behind a stylish sliding barn door for added charm. You will appreciate the inviting covered front porch, perfect for sitting and watching the world go by. There is a small "mud room" just out the back door to the spacious backyard that is shaded by mature trees, offering plenty of room for gardening, entertaining, or simply relaxing. The alley entry detached garage provides storage or a space to park the car. With curb appeal, comfort, and location, this downtown gem won't last long! Home is truly Move in Ready!!

Key facts

• Covered front porch
• Natural light
• Hardwood floors

Tags

• COVERED FRONT PORCH
• HARDWOOD FLOORS
• NATURAL LIGHT
• NEW KITCHEN APPLIANCES
• BRAND NEW WATER HEATER
• DETACHED GARAGE

Property features AI

Exterior

• Parking: Detached garage (1 car)
• Security: Smoke detectors; No safety shelter
• Utilities: Electricity available; Natural gas available; Public water; Public sewer
• Home design: Single-story home
• Construction: Vinyl siding with wood frame construction; Asphalt/fiberglass roof; Crawlspace foundation; Built per public records
• Exterior features: Covered enclosed porch; Porch; Full chain-link fencing; Mature trees; Faces west

Interior

• Kitchen: Oven/Range/Stove; Gas range connection; Dishwasher; Refrigerator
• Bedrooms: Master bedroom with private bath (first floor); Additional bedroom (first floor)
• Flooring: Wood flooring; Tile flooring
• Bathrooms: Master full bath with shower (first floor); Hall full bath (first floor)
• Heating & cooling: Central heating (gas); Central air conditioning; Gas water heater
• Interior features: Ceiling fans; Laminate countertops; Storm doors; Vinyl insulated windows; Decorative fireplace
• Laundry & utility: Washer hookup; Electric dryer hookup; Inside separate utility room (first floor)

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $117k.

Deal economics

• At list price, monthly cash flow is $167 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $113k (3.7% below list).
• Recommended offer: $113k (3.7% below list) — sets the bar for 1% rule.
• Cap rate 8.0% 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: 137 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 46 units permitted in Washington County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($809 loan paydown + $12k appreciation (10.0% local appreciation)).
• Washington County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $33k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 19y 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

• 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 $112,681 (3.7% below list)

Questions for the listing agent

1. Built in 1960 — 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: 0.96% ✗
• Cap rate: 8.00%
• Cash-on-cash: 6.10%
• DSCR: 1.27
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $73,840
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1206 S Armstrong Ave	0.10mi	2/1.0	1,125 (+8%)	4mo	$30,500	$27	78
1409 S Osage Ave	0.32mi	2/1.0	1,014 (-2%)	5mo	$94,995	$94	77
213 W 12th	0.08mi	1/1.0 (-1)	1,124 (+8%)	9mo	$69,118	$61	70
1623 SW Jennings	0.45mi	2/1.0	976 (-6%)	1mo	$31,500	$32	68
1429 S Oak	0.33mi	1/1.0 (-1)	1,074 (+3%)	9mo	$69,118	$64	67
518 E 14th	0.52mi	2/1.0	956 (-8%)	1mo	$87,000	$91	62
1835 S Armstrong Ave	0.68mi	2/1.0	1,050 (+1%)	6mo	$110,900	$106	61
1709 Osage	0.59mi	1/1.0 (-1)	1,064 (+2%)	9mo	$69,118	$65	56
1404 S Armstrong	0.17mi	1/1.0 (-1)	888 (-15%)	9mo	$69,118	$78	55
1562 S Hickory Ave	0.53mi	3/1.0 (+1)	1,145 (+10%)	3mo	$47,000	$41	51
1635 S Maple Ave	0.58mi	2/1.0	1,192 (+15%)	2mo	$85,000	$71	46
1600 S Elm Ave	0.63mi	3/1.0 (+1)	1,184 (+14%)	5mo	$84,000	$71	38

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.7%
• Equity multiple: 3.27×
• Total profit: $74,298
• Equity at exit: $105,403

10-year hold

• IRR: 24.9%
• Equity multiple: 7.42×
• Total profit: $210,380
• Equity at exit: $227,305

Cash invested: $32,760 (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 74003

• Home prices YoY: 5.0%
• Active inventory: 137
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,127 medium
• Mortgage (P&I): −$614
• Tax from tax record: −$61 /mo · $735/yr
• Insurance: −$49
• HOA: −$0
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $167

Break-even live

Break-even rent $916

Max offer price $117,000

Occupancy floor 80%

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: $29,250
• Closing costs: $3,510
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
821 S Johnstone Ave Bartlesville, OK	1.0–2.0	1.0–2.0	888	$1,521	$1.71	23d	1	0.39mi

Listing history 33 events

1. 2026-06-12
   statusdays on market $117,000 Pending 13 DOM
2. 2026-06-09
   days on market $117,000 Active 12 DOM
3. 2026-06-08
   days on market $117,000 Active 11 DOM
4. 2026-06-07
   days on market $117,000 Active 10 DOM
5. 2026-06-05
   days on market $117,000 Active 7 DOM
6. 2026-06-03
   days on market $117,000 Active 6 DOM
7. 2026-06-02
   days on market $117,000 Active 5 DOM
8. 2026-06-01
   days on market $117,000 Active 4 DOM
9. 2026-05-31
   days on market $117,000 Active 3 DOM
10. 2026-05-30
    days on market $117,000 Active 2 DOM
11. 2026-05-28
    listed $117,000 Active
12. 2026-04-15
    status Pending
13. 2026-04-15
    historical
14. 2026-04-13
    status Active
15. 2026-03-19
    status Pending
16. 2026-03-05
    listed $114,000 Active
17. 2025-07-23
    soldstatus $106,500
18. 2025-07-21
    soldstatus $106,250 Closed 833-char remark

    Show marketing remark (833 chars)

    Darling Downtown Charmer! This adorable 2-bedroom, 2-bath home is just minutes from the heart of downtown Bartlesville. Inside features include 2 generous-sized bedrooms, including a primary suite with a private bath. Beautiful hardwood and tile floors throughout. The indoor laundry area is tucked behind a stylish sliding barn door for added charm. You will appreciate the inviting covered front porch, perfect for sitting and watching the world go by. There is a small "mud room" just out the back door to the spacious backyard that is shaded by mature trees, offering plenty of room for gardening, entertaining, or simply relaxing. The alley entry detached garage provides storage or a space to park the car. With curb appeal, comfort, and location, this downtown gem won't last long! Home is truly Move in Ready!!

19. 2025-06-16
    status Pending 833-char remark

    Show marketing remark (833 chars)

    Darling Downtown Charmer! This adorable 2-bedroom, 2-bath home is just minutes from the heart of downtown Bartlesville. Inside features include 2 generous-sized bedrooms, including a primary suite with a private bath. Beautiful hardwood and tile floors throughout. The indoor laundry area is tucked behind a stylish sliding barn door for added charm. You will appreciate the inviting covered front porch, perfect for sitting and watching the world go by. There is a small "mud room" just out the back door to the spacious backyard that is shaded by mature trees, offering plenty of room for gardening, entertaining, or simply relaxing. The alley entry detached garage provides storage or a space to park the car. With curb appeal, comfort, and location, this downtown gem won't last long! Home is truly Move in Ready!!

20. 2025-06-12
    listed $105,000 Active 833-char remark

    Show marketing remark (833 chars)

    Darling Downtown Charmer! This adorable 2-bedroom, 2-bath home is just minutes from the heart of downtown Bartlesville. Inside features include 2 generous-sized bedrooms, including a primary suite with a private bath. Beautiful hardwood and tile floors throughout. The indoor laundry area is tucked behind a stylish sliding barn door for added charm. You will appreciate the inviting covered front porch, perfect for sitting and watching the world go by. There is a small "mud room" just out the back door to the spacious backyard that is shaded by mature trees, offering plenty of room for gardening, entertaining, or simply relaxing. The alley entry detached garage provides storage or a space to park the car. With curb appeal, comfort, and location, this downtown gem won't last long! Home is truly Move in Ready!!

21. 2020-06-09
    soldstatus $60,000
22. 2020-06-04
    soldstatus $60,000 Closed
23. 2020-04-06
    status Pending
24. 2020-03-16
    listed $58,000 Active
25. 2015-07-20
    soldstatus $58,000
26. 2015-07-16
    soldstatus $58,000 Closed
27. 2015-06-16
    status Pending
28. 2015-06-03
    listed $59,900 Active
29. 2007-05-21
    soldstatus $52,000
30. 2007-05-17
    soldstatus $52,000
31. 2007-05-03
    historical
32. 2007-05-01
    listed $52,000
33. 2003-06-30
    soldstatus $37,000

ⓘ 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: $735 · $61/mo
• Projected year-2 tax: $1,053 · $88/mo
• Expected delta: +$318/yr (+$26/mo · 43.3%)

ⓘ 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 7/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥112°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,522
• − Mortgage interest: −$6,554
• − Property taxes: −$735
• − Insurance: −$585
• − Repairs & maintenance: −$1,082
• − Management: −$1,082
• − Depreciation: −$3,404
• Taxable income: $81
• Est. tax owed @ 24.0%: −$19
• After-tax cash flow: $1,980/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): 14,024
• Household income: $47,168
• Rent vs Own: 41.3% rent · 58.7% own
• Severe rent burden: 395.0

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 (69%)
• Race & ethnicity: White 69% Two or more races 14% Hispanic / Latino 7% Native American 7% Black 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 4%

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: ▲ 14.78%
• Current HPI: 309.9534
• 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

+216.2% since first listed

23 events — show timeline

• 2026-05-28 Listed $117,000 MLS Technology, Inc.
• 2026-04-15 Pending — MLS Technology, Inc.
• 2026-04-15 Listing Removed — MLS Technology, Inc.
• 2026-04-13 Relisted — MLS Technology, Inc.
• 2026-03-19 Pending — MLS Technology, Inc.
• 2026-03-05 Listed $114,000 MLS Technology, Inc.
• 2025-07-23 Sold (Public Records) $106,500 Public Records
• 2025-07-21 Sold (MLS) $106,250 MLS Technology, Inc.
• 2025-06-16 Pending — MLS Technology, Inc.
• 2025-06-12 Listed $105,000 MLS Technology, Inc.
• 2020-06-09 Sold (Public Records) $60,000 Public Records
• 2020-06-04 Sold (MLS) $60,000 MLS Technology, Inc.
• 2020-04-06 Pending — MLS Technology, Inc.
• 2020-03-16 Listed $58,000 MLS Technology, Inc.
• 2015-07-20 Sold (Public Records) $58,000 Public Records
• 2015-07-16 Sold (MLS) $58,000 MLS Technology, Inc.
• 2015-06-16 Pending — MLS Technology, Inc.
• 2015-06-03 Listed $59,900 MLS Technology, Inc.
• 2007-05-21 Sold (Public Records) $52,000 Public Records
• 2007-05-17 Sold (MLS) $52,000 MLS Technology, Inc.
• 2007-05-03 Listing Removed — MLS Technology, Inc.
• 2007-05-01 Listed $52,000 MLS Technology, Inc.
• 2003-06-30 Sold (Public Records) $37,000 Public Records

Property tax history

-0.3%/yr

Latest (2025): $735 · -9.0% YoY. Source: county tax records.