This multi-unit property offers excellent potential for rental income or multi-family living, situated on 1.34 acres +/-. The property includes: Main House: 3 bedrooms, 1.5 bathrooms, 1,248 sq. ft., attached 2-car carport, beautifully landscaped front yard, fenced backyard. Mobile Home 1: 2011 Clayton, 16’x80’, 2 bedrooms, 2 bathrooms, fenced backyard Mobile Home 2: 2010 Clayton, 18’x80’, 3 bedrooms, 2 bathrooms, fenced backyard. Additional Features: 30’x50’ shop with a large garage area, a full bathroom, and two additional rooms. Storm shelter for added safety, RV garage with tool storage along all three walls. Whether you’re looking for a profitable rental investment or a property with ample space for extended family, this property offers incredible versatility. Contact us today for more information or to schedule a showing.
View of Cavanal from Louisiana Street - Very well maintained 4 bedroom, 2 full bath home on a quiet street in Panama. This home has all new vinyl flooring, paint, ceiling fans, extra insulation and a fenced in backyard. Home was totally remodeled a few years ago and is move in ready. The 4th bedroom can be used as a flex room with many uses, bedroom, workout room, office, 2nd living area/den. The kitchen and dining room run together with the laundry room behind the kitchen. Large living area to entertain or have family time. The outside is very kid or dog friendly with the fenced in backyard. The northern lights glowed into the yard. There is a large storm cellar with easy access. This is truly a rare find in a great location.
Carter's Lake Road - 160 acres m/l with A-frame home featuring a wrap around porch and beautiful views. This property is located in the country just off of Hwy 31 about 2.5 miles on Carters Lake Road. About 60% open and has pastures with hay meadows. Currently a cattle operation but could be used for partial development. Property is contiguous and has a wooded area down the ridge where the home is located. Plenty of wildlife, woods, open pastures and much more.
Panama is located in Oklahoma. Panama, Oklahoma has a population of 1,327. Panama is less family-centric than the surrounding county with 19.79% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Panama, Oklahoma is $41,908. The median household income for the surrounding county is $43,049 compared to the national median of $69,021. The median age of people living in Panama is 33.1 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 47.9 inches per year, with 2.7 inches of snow per year.