402 NW 3rd Street, Lawton, OK 73507
Local realty services provided by:Better Homes and Gardens Real Estate Paramount
Listed by:steven spencer
Office:real broker llc.
MLS#:1176092
Source:OK_OKC
402 NW 3rd Street,Lawton, OK 73507
$255,000
- 12 Beds
- 9 Baths
- 1,974 sq. ft.
- Multi-family
- Active
Price summary
- Price:$255,000
- Price per sq. ft.:$129.18
About this home
Multifamily investment generating $2,950/month in current rental income, with 9 total units across two parcels at 402 and 408 NW 3rd St in Lawton. Unit 402 N/S and 404 N are tenant-occupied studios. 404 S is rent-ready. Units 406 N/S are fire-damaged studios. 408 and 412 are occupied 2 bed, 1 bath units. 410 is a vacant 2 bed, 1 bath unit needing renovation. With four units currently offline, this property offers a clear value-add opportunity to significantly increase cash flow through renovation and lease-up, unlocking upside potential and driving gross rents well beyond current level. Property sold as-is. Do not disturb tenants. Full investor packet available upon request. Please do no disturb tenants.
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Home facts
- Year built:1941
- Listing Id #:1176092
- Added:58 day(s) ago
- Updated:August 08, 2025 at 12:40 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:9
- Full bathrooms:9
- Living area:1,974 sq. ft.
Structure and exterior
- Roof:Mansard
- Year built:1941
- Building area:1,974 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Lawton HS
- Middle school:Central MS
- Elementary school:Lincoln ES
Finances and disclosures
- Price:$255,000
- Price per sq. ft.:$129.18
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